World Bank Sees U.S. Growth Rate Halving as Tariffs Slow Global Economy
The world's largest economy is expected to grow by just 1.4% in 2025, a sharp deceleration from the 2.8% expansion recorded in 2024.
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Moody's Sounds Alarm on Private Funds for Individuals
Chasing retail money could pose risks to investors, private funds and the financial system, Moody's said.
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Brown & Brown Enters $9.83 Billion Deal for Accession Risk Management
Brown & Brown has agreed to acquire Accession Risk Management Group in a cash-and-stock deal worth $9.83 billion, expanding its footprint in insurance distribution and risk specialty.
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Churchill Raises $1.5 Billion for Second Co-Investment Fund
The Nuveen arm hit the fund's upper limit, collecting more than triple the amount raised for the strategy's debut pool.
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Withdrawal Requests at Starwood Property Fund Are at $850 Million
The fund sold $1.6 billion worth of property from December to May to meet redemption requests.
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Property & Casualty Insurance Stocks Fell Monday. Policy Pricing Could Be an Issue.
The selling could reflect profit-taking. There also could be investor concern about weakening pricing of property and casualty insurance policies.
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JPMorgan Internal Memo Shows Morale Took a Hit on Return to Office
The results of the bank's latest internal opinion survey showed fewer employees than last year say they view their health and well-being as a corporate priority.
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Financial Services Roundup: Market Talk
Find insight on Krung Thai Bank, Commonwealth Bank and more in the latest Market Talks covering Financial Services.
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Charles Schwab to Cut Costs for Some Fund Investors. What to Know.
Lower fees may help Schwab attract more investors for its exchange-traded funds and mutual funds.
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Sundance Growth Raises a Quick $125 Million for Debut Fund
Early support from investor Accolade Partners helped swiftly drive the private-equity firm's debut software investment fund to its upper limit.
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Ken Moelis to Step Down as CEO of His Investment Bank
The longtime dealmaker says he expects the "smoothest transition ever in the history of Wall Street."
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Insurance Broker Aon Rides Tailwind From Tariff Uncertainty
Aon CFO Edmund Reese reviews growth opportunities and says inflation has generally been a net positive for the company.
(END) Dow Jones Newswires
June 10, 2025 16:00 ET (20:00 GMT)
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