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Raine Group Acquires Code Advisors, a Boutique Bank
Finances

Raine Group Acquires Code Advisors, a Boutique Bank

WSJ News Exclusive Finance The acquisition is an effort by the merchant bank to strengthen its Silicon Valley footing Source link

Assured Guaranty and Sound Point Join Up to Form CLO Powerhouse
Finances

Assured Guaranty and Sound Point Join Up to Form CLO Powerhouse

The deal is part of a wave of consolidation driven by insurers and alternative asset managers. Source link

India Asserts Itself on Global Tech Deals
Finances

India Asserts Itself on Global Tech Deals

The world’s second-largest internet user base starts to punch its regulatory weight. Source link

Mexican Government to Buy Power Plants From Spain's Iberdrola
Business

Mexican Government to Buy Power Plants From Spain's Iberdrola

The acquisition will increase the state-owned utility’s share of the country’s electricity generation to 55%, the government says. Source link

China's New Weapon: Dragging Its Feet on Deals Involving American Companies
Business

China's New Weapon: Dragging Its Feet on Deals Involving American Companies

Beijing has slowed down antitrust reviews of proposed deals by American firms, people close to the process say. Source link

GM Says 5,000 White-Collar Workers to Depart Through Buyouts
Business

GM Says 5,000 White-Collar Workers to Depart Through Buyouts

The auto maker initiated the reduction as part of an effort to cut $2 billion in costs by the end of 2024. Source link

Credit Suisse Chairman: 'I Am Truly Sorry'
Finances

Credit Suisse Chairman: 'I Am Truly Sorry'

Shareholders at the bank’s final annual meeting expressed their anger toward management and the board for failing to save the storied institution. Source link

Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
Business

Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy

Markets Finance The company says it is working toward finding a buyer for a once star player in the billionaire’s portfolio Source link

Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
Finances

Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy

Markets Finance The company says it is working toward finding a buyer Source link

Signature Bank Insiders Sold $100 Million in Stock During Crypto Surge
Finances

Signature Bank Insiders Sold $100 Million in Stock During Crypto Surge

Sales went largely unnoticed by investors due to securities rules and filing method. Source link