Finance

Private Equity

Investment Giant SoftBank Promises $100 Billion and 100,000 Jobs to the US

Photo by Tupungato via iStock

SoftBank’s gigantic pledge undoubtedly represents a major PR victory for the incoming Trump 2.0 administration.

2 min read

Photo by Rann Vijay via Pexels

Finance

Sixth Street Gives Affirm a Big Boost

Private credit and buy-now-pay-later firms are teaming up to cut banks out of the consumer finance supply chain.

2 min read
Photo by Roy Luck via CC BY 2.0

M&A

Nippon Steel’s $15 Billion Acquisition of US Steel Might Fall Through

The Committee on Foreign Investment is divided on if the deal presents a security risk. The split gives Biden more grounds to block the deal.

1 min read
Photo by SiyueSteuber via iStock

Banking

AllianceBernstein to Sue Switzerland Over $17 Billion Credit Suisse Debt Writedown

A major American institutional investor is planning to join a lawsuit that says Switzerland’s time to pay up is long overdue.

2 min read

Finance

Asset Management Giant Vanguard Carves Out New Wealth Management Division

Photo via Connor Lin / The Daily Upside

The move marks the biggest restructuring at the world’s second-largest money manager in more than ten years.

2 min read

Hedge Funds

Archegos’ Hwang Sentenced to 18 Years For Gargantuan Fraud That Walloped Wall Street

Photo via Connor Lin / The Daily Upside

Hwang’s sentencing bookends a dramatic saga that began with the shock implosion of his firm that cost Wall Street billions.

2 min read

Advisor Upside

Why Nvidia in the Dow Is Bad News for Dividend Investors

Photo via Nvidia Media Assets

The index investors consider as a basket of blue chip stocks has taken a hard turn toward growth, and away from mature dividend stocks.

2 min read

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