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