The leaders of Citigroup. Delta and IBM. among others. discuss how business is evolving. as Covid-19 vaccinations roll out.
The European Union put forward a package of measures that took aim at the patchy data available around sustainable investing. as U.S. banks brace for more ESG regulation at home and abroad.
The offer is likely to kick off a bidding war for a railroad operator that has already agreed to a sale to another Canadian rival.
A steep selloff affecting tens of billions of dollars of offshore debt from China Huarong Asset Management has partially reversed. after comments from the banking regulator helped reassure investors.
The world’s largest money manager posts a profit of $1.2 billion and sees assets under management rise to $9 trillion.
Debt from one of China’s biggest asset managers has plunged in value. sending tremors through the market for U.S. dollar bonds of Chinese companies.
Government officials want to remove blind spots in how they monitor influential investors’ impact on everyday consumers. and the asset-management industry is pushing back.
The money manager and its lenders tied costs around a $4.4 billion credit facility to BlackRock’s diversity and sustainability goals.
Portfolio managers at the world’s largest sovereign-wealth fund will focus less on the macroeconomic environment or factors like growth. and more on assessing individual companies.
The parties are discussing a deal that would value the warehouse-automation company at nearly $8 billion including debt.