Finance Updates – Page 40 – Finance Updates

SEBI’s Show-Cause Notice: BofA Accused of Leaking Info in USD180M Block Trade

Asia Firms Securities and Commodity Contracts Intermediation and Brokerage

Indias SEBI says Bank of America leaked price...

The information allegedly spread beyond the d...

SEBI alleges weak internal controls and misle...

BofA is said to be pursuing a multi-million-d...

Private Equity’s Rise in GP-Stakes, Continuations & Secondaries Amid Exit Pressures

Global Markets Other Investment Pools and Funds

A Dechert/WSJ survey finds 77% of private-equ...

GP-stake deal volume hit $3.5 billion through...

With exits and LP distributions weak and GP c...

Secondary markets are at record scale (about ...

PE Funds Tighten Grip: LPs Rally Behind Large Managers Amid Distribution Strains

Americas Markets Other Investment Pools and Funds

Through September 30, 2025, the 10 largest US...

Mega-managers such as Advent, KKR, Thoma Brav...

LPs are concentrating commitments with establ...

The shift deepens a two-tier market that coul...

JPMorgan to Acquire Apple Card Portfolio from Goldman Sachs over 24 Months

Americas M&A Depository Credit Intermediation

JPMorgan Chase struck a definitive deal with ...

Goldman exits the Apple Card program as part ...

The transaction includes a purchase discount ...

Apple Card features and the Mastercard networ...

JPMorgan Acquires Apple Card from Goldman Sachs in $20B Deal: What It Means

Americas M&A Depository Credit Intermediation

JPMorgan Chase agreed to take over as Apple C...

Goldman will sell the portfolio at a >$1B dis...

Customers should see no near-term changes as ...

The deal advances Goldman’s retreat from cons...

William Blair Sees Deal Activity Surge: IPOs & Carve-Outs Gain Ground Amid Macro Headwinds

Global FYI Finance and Insurance

William Blair’s Matt Zimmer said December 202...

Equity capital markets appear to be reopening...

Rates, policy uncertainty, and regulatory hea...

The durability of the December pickup and the...

Wells Fargo Soars into Global Top-10 in M&A After Asset Cap Removal

Global FYI Finance and Insurance

The Fed’s June 2025 removal of Wells Fargo’s ...

Wells has surged in 2025 dealmaking and fees ...

It is staffing up aggressively with senior hi...

Success is not assured given cultural integra...

U-Haul’s Self-Storage Surge: Revenue Climbs Amid Margin & Occupancy Pressure

Global FYI Finance and Insurance

U-Haul will present at KeyBanc’s Self-Storage...

Q3 FY2025 self-storage revenue rose ~8% to ~$...

U-Haul is rapidly expanding capacity, adding ...

Profitability remains pressured by rising fle...

KeyBanc Sees Risk in Cleveland-Cliffs: Price Gains, Costs & Contracts in the SpotLight

Americas Markets Primary Metal Manufacturing

KeyBanc downgraded Cleveland-Cliffs (CLF) to ...

The firm kept its $13 price target, implying ...

Key near-term risks include rising unit costs...

U.S. carbon steel fundamentals are expected t...

Omnicell’s Tech Upgrade Spurs Growth: Titan XT, URAC & Recurring Revenue Momentum

Global FYI Finance and Insurance

KeyBanc upgraded Omnicell (OMCL) to Overweigh...

The thesis hinges on replacing aging XT cabin...

URAC certification for Specialty Pharmacy Ser...

Key risks are intensifying competition and ex...