News Highlights: Top Financial Services News of the Day - Monday at 4 PM ET
SEC Prepares to Sue Robinhood Over Crypto Unit
The agency could seek an order that would prevent the popular brokerage firm from trading certain crypto assets.
Rocket Cos. Taps Former Thomson Reuters Exec to Lead Companywide AI Efforts
Shawn Malhotra will step into a newly created CTO role overseeing AI and tech across Rocket's portfolio, CEO Varun Krishna said.
Regulator Explores Naming Companies Tied to Auditing Deficiencies Amid Investor Pushback
Shareholders have long called for such disclosure in inspection reports, in part a bid to learn which specific audits had problems.
'Green Shoots' Grow Out of Control on Wall Street
Bankers' favorite metaphor sprouts like a weed-but will dealmaking blossom or wilt?
Paul Weiss Scores Another Top Dealmaker in Hiring Push
Jim Langston is leaving Cleary Gottlieb Steen & Hamilton to join Paul Weiss's mergers-and-acquisitions practice.
EQT to Buy U.S. Digital Consultancy Perficient for $3 Billion
Swedish private-equity firm EQT said it will pay $76 a share, a 58% premium to Perficient's closing price on Friday.
Castlelake CEO Says Brookfield Deal Lets Firm Balance Capital and Control
The Minneapolis-based private credit specialist is selling a majority stake in itself to the publicly traded asset manager.
Westpac's First-Half Profit Falls, Lifts Buyback
The Australian bank said its first-half net profit fell by 16%, but it would return more capital to shareholders through an increased dividend and bigger share buyback.
Financial Services Roundup: Market Talk
Gain insight on TD Bank, Saksiam Leasing, and more in the latest Market Talks covering Financial Services.
Largest U.S. Pension Sold Verizon, Disney, and Peloton Stock. It Bought Moderna.
Calpers slashed investments in Verizon, Disney, and Peloton stock, and doubled down on Moderna shares in the first quarter.
(END) Dow Jones Newswires
May 06, 2024 16:15 ET (20:15 GMT)
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