MetLife Inc. is pursuing an acquisition of Hayfin Capital Management, the private credit specialist that began exploring a sale last year, people with knowledge of the matter said. from Bloomberg Markets https://ift.tt/LrnxbjD
Carl Icahn has amassed a sizable position in Caesars Entertainment Inc., according to people familiar with the matter, sending shares in the US hotel and casino operator up by the most in more than 18 months. Chris Palmeri has more. from Bloomberg Markets https://ift.tt/VlcIG3M
Wells Fargo Macro Strategist Erik Nelson says the bar is high for a September rate cut by the Fed, and Parametric Fixed Income SMA Portfolio Management Nisha Patel discusses the election factor for the Fed. They speak with Vonnie Quinn on “Real Yield.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/UrvYWeE
Biden Condemns Trump Attacks on Court After Conviction President Joe Biden decried the attacks by Republican opponent Donald Trump on a New York court that found him guilty in a criminal trial over hush-money payments, arguing they threaten to destabilize the US legal system. Biden said that the verdict “reaffirmed” the “American principle that no…
Katie Greifeld highlights the market-moving news you need to know heading into the opening bell on Wall Street. Today’s guests: John Stoltzfus, Oppenheimer Asset Management Chief Investment Strategist; David Lebovitz, JP Morgan Asset Management Global Market Strategist. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/rIA081G
Oil tanker drivers in the north of England will strike later this month, potentially risking regional disruptions to fuel supplies within the UK just weeks before the country holds a general election. from Bloomberg Markets https://ift.tt/FlZWK1G
Angola’s sovereign wealth fund expects its portfolio to expand by 12% over five years, benefiting from strong economic conditions in African markets in which it invests. from Bloomberg Markets https://ift.tt/s9Zk5qy
European equities extended gains as softer US economic data fueled optimism that the Federal Reserve could cut interest rates later this year. from Bloomberg Markets https://ift.tt/7n2Nf5P
Banking giants that once had the most ground to lose to the burgeoning world of private credit keep finding more ways — and much more money — to pump into the sector. from Bloomberg Markets https://ift.tt/1gBEabe
Koc Holding, the majority owner of in Yapi Ve Kredi Bankasi AS, said its no longer in dicussions to sell its stake in the Turkish lender. from Bloomberg Markets https://ift.tt/eih3Gqv