Read more at Financial Times.
Private equity drives a hard bargain in bank rescues
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The Wall Street Journal - World
Vista Equity's Pluralsight to Cede Control to Private Lenders
The educational-software maker is nearing a restructuring to cut its debt by nearly $1.3 billion in one of first major private-loan restructurings.2 days ago -
Financial Times - Business
UK starts tax crackdown on non-doms and private equity bosses
Government launches plans affecting buyout industry and wealthy foreigners living in the UK2 days ago - United Kingdom -
The Wall Street Journal - World
Bank of Japan Raises Rates, Driving Up Yen
The decision was the latest sign of a rethink among central banks about the effects of higher interest rates on economic growth.2 hr ago - Japan -
Financial Times - Business
SocGen retail bank gloom overshadows equities trading bonanza
Lender downgrades outlook for French retail bank even as investment bank helps deliver profit beat5 hr ago -
NBC News - Top stories
After private equity takes over hospitals, they are less able to care for patients, say top medical researchers
After private-equity firms acquire hospitals, the facilities’ assets and resources diminish, leaving them less able to care for patients, says a new study in the Journal of the American Medical Association.18 hr ago -
The Wall Street Journal - World
The U.K. government dropped plans by its predecessor for a retail sale of its remaining stake in NatWest, the bank it rescued during the 2008-09 financial crisis.
The U.K. government dropped plans by its predecessor for a retail sale of its remaining stake in NatWest, the bank it rescued during the 2008-09 financial crisis.2 days ago -
Financial Times - World
The Democrats’ uneasy bargain with Mexico’s López Obrador
The Biden administration needed the Mexican president’s help to reduce migration ahead of the election. Did it give too much in return?2 days ago -
Financial Times - Business
Diageo’s lack of clarity is hard to swallow
Combination of uncertainty and distrust in management makes for an unpalatable cocktail23 hr ago -
The Wall Street Journal - World
Harris Says She Rescued Struggling California Homeowners. The Reality Is More Complicated.
Banks met half of their mortgage-relief obligations in the state after the financial crisis by writing off loans on homes that were already abandoned, a WSJ analysis shows.55 min ago - California -
NBC News - Top stories
The housing crunch is still squeezing buyers — but not as badly in these swing-state counties
Homes are getting less affordable for buyers all over the country — including in places where the 2024 presidential race could be decided.22 hr ago
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UK house prices rise more than expected in July
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Fed says first cut to US interest rates could come in September
Central bank holds rates steady but comments by chair Powell boost expectations of pre-election move15 hr ago - Federal Reserve -
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Israel’s spies take their revenge
After the humiliation of October 7, intelligence services are hitting back where their enemies feel safest3 hr ago - Israel -
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Reeves has more legacy junk to ditch as the Treasury sorts out its finances
The difficult reality is a recognition that we will have to spend more and get less than promised from public services2 hr ago