Dow Jones Top Financial Services Headlines at 7 AM ET: Apollo Keeps ‘Foot on the Gas’ in Dealmaking | The ...

Dow Jones
30 May

Apollo Keeps ‘Foot on the Gas' in Dealmaking

The firm tells fund limited partners that it has committed over $2 billion across four transactions in less than two months.

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The Billionaire Odd Couple Whose Hedge Fund Is Killing It

Paul Marshall and Ian Wace have almost nothing in common-except a $70 billion fund with a top-secret algorithm. Says Wace: ‘I don't think I have really ever agreed with anything that Paul has ever said.'

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SEC Dismisses Lawsuit Against Binance

The regulatory agency has been winding down Biden-era enforcement actions against crypto firms during the Trump administration.

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Berkshire Hathaway Stock Is Slipping. The ‘Buffett Premium' Is Leaking Out.

Warren Buffett surprised investors at the May 3 Berkshire Hathaway annual meeting with plans to give up the CEO job at the end of 2025.

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M&G and Dai-ichi Life Form Partnership

M&G said it formed a strategic partnership with insurance company Dai-ichi Life, aimed at delivering at least $6 billion of new business flows for M&G over the next five years.

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Japan's NTT Unit Plans to Buy Online Bank in $5.1 Billion Deal

The wholly owned mobile-carrier unit of NTT intends to launch a tender offer to purchase shares of SBI Sumishin Net Bank and take it private.

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Vance Vows to Champion the Crypto ‘Movement'

Speaking at a bitcoin conference in Las Vegas, the vice president said President Trump would sign a bill that establishes rules for stablecoins.

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Trump Officials Keep Talking About Fannie Mae and Freddie Mac. Confusion Reigns.

Fannie Mae and Freddie Mac have been under government conservatorship since the 2008 financial crisis.

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The Fed Forecasts Stagflation

Officials at their May 6-7 meeting reaffirmed the need for a "cautious approach" given increased uncertainty over tariff policies.

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Seaside Equity Amasses More Than $720 million for New Funds

Seaside Equity Partners is wrapping up two new funds that will add more than $720 million in fresh capital to the San Diego-based firm's investment coffers, according to people familiar with the process.

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Financial Services Roundup: Market Talk

Find insight on mortgage rates, interest in buying a home, UniCredit and more in the latest Market Talks covering financial services.

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Bank of Montreal Raises Dividend After Rise in Quarterly Earnings

Bank of Montreal bumped up its dividend after earnings in its second-quarter were lifted by strength in its wealth management business.

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UniCredit to Double Stake in Greece's Alpha Bank to Around 20%

The move deepens UniCredit's partnership with one of Greece's largest lenders at a time when its expansion efforts in Germany and Italy are facing roadblocks.

 

(END) Dow Jones Newswires

May 30, 2025 07:00 ET (11:00 GMT)

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