International
Finance
SMBC raises stake in Jefferies to up to 20% with $912-mn investment
Japan's Sumitomo Mitsui Banking Corp, the banking arm of Sumitomo Mitsui Financial Group, will invest a further 135 ......
TMT
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets
SoftBank Group will lay off nearly 20% of its Vision Fund team globally as it shifts resources to founder Masayoshi ......
TMT
Smartphone maker Nothing bags $200 mn at $1.3 bn valuation for big AI push
London-based smartphone maker Nothing on Tuesday raised $200 million from a group of investors led by Tiger Global at a ......
Finance
JPMorgan to ramp up corporate banking hiring in Asia Pacific growth push
JPMorgan Chase is accelerating hiring across its corporate banking business in the Asia Pacific region and aims to ......
Finance
CVC Capital meets H1 profit expectations, reiterates realisations target
CVC Capital, one of the world's largest private equity managers, reported first half profit that matched market ......
Finance
Temasek to revamp structure to sharpen investment focus
Singapore's state-owned investor Temasek unveiled its biggest overhaul plan in more than a decade on Thursday by ......
Finance
KKR's second-quarter profit rises on growth in fee income
Investment giant KKR reported a 9% rise in adjusted net income for the second quarter on Thursday, bolstered by an ......
General
Blackstone senior managing director LePatner killed in Manhattan shooting
Blackstone employees struggled on Tuesday to come to terms with the death of Wesley LePatner, one of the investment firm......
People
Carlyle picks three veterans for newly minted role of co-president
Investment firm Carlyle announced on Monday it has rejigged its senior leadership ranks and named three of its veterans ......
Finance
Singapore sovereign wealth fund GIC posts slowest investment return in 5 years
Singapore's sovereign wealth fund GIC reported on Friday its slowest pace of investment return growth in five years......
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