David Solomon Strengthens His Grip on Goldman Sachs

The succession race at the Wall Street firm just got more complicated. 


 
ETF Provider Global X Suffers Flurry of Executive Departures

At least six top executives, including investment chief Jon Maier, have left the fund manager since late last year. 


 
Can Dividend Investing Rise From the Dead?

The once-blockbuster strategy of picking big payers has been battered by growth-focused tech titans, but the right approach could bring it back. 


 
Biotech Venture Firm Pitches Startups on Billboards

With startup investment sputtering and many entrepreneurs scrounging for cash, it would seem the last thing a venture-capital firm would need to do is advertise. But that is what biotechnology investor Curie.Bio is doing. 


 
Financial Services Roundup: Market Talk

T. Rowe Price, Commonwealth Bank and more in the latest Market Talks covering Financial Services. 


 
UBS Loses to Whistleblower in Wide-Reaching Supreme Court Decision

A win for an analyst allegedly fired for protesting unethical requests will make it easier for whistleblowers to sue. 


 
Barclays Acquires Tesco's Banking Operations

Barclays has agreed to buy Tesco's retail banking branch for a consideration of around $760 million in a deal that allows the U.K. grocer to focus on its core food offering and return cash to shareholders. 


 
SoftBank Returns to Health With an AI Bump

The tech investor's shares rose 11% on the back of higher revenue at Arm, its chip-design subsidiary. 


 
Fidelity's Abigail Johnson Shakes Up Executive Ranks, Again

The CEO named a new finance chief and others. What the changes don't do is offer much clarity on who will emerge as Johnson's top deputy. 


 
Ares Management Saw Robust Fundraising in Profitable Fourth Quarter

The $418 billion private-asset manager said it would actively market 35 different products across 17 strategies in 2024.


(END) Dow Jones Newswires

02-09-24 1115ET