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Latest News on private equity markets

Ontario capital markets task force proposes big changes

Investment Executive | Rudy Mezzetta | July 9, 2020 Group suggests a transformation of OSC and SRO governance The Ontario government’s Capital Markets Modernization Taskforce released its consultation paper  Thursday, offering 47 policy proposals that would extensively change the role, mandate and governance of the Ontario Securities Commission. “What we’ve tried to achieve is supplementing the critical

5 years ago

Bank of America shares drop as it sets aside another $4 billion for coronavirus-related loan losses

All eyes will be on CEO Brian Moynihan's bank after JPMorgan managed to post its biggest quarterly revenue ever despite setting aside $8.9 billion for coronavirus-related loan losses.

5 years ago

Bank of America shares drop as the firm sets aside another $4 billion for coronavirus-related loan losses

Bank of America's trading division, similar to what rivals JPMorgan Chase and Citigroup have disclosed, helped offset the drag caused by the coronavirus pandemic.

5 years ago

Morgan Stanley shares rise after quarterly results blow past expectations on strong trading

Morgan Stanley, which is essentially a global investment bank paired with a large wealth management business, benefited from one of Wall Street's best trading quarters in years.

5 years ago

Morgan Stanley beats estimates for second-quarter profit on strong trading results

Morgan Stanley benefited from one of Wall Street's best trading quarters in years.

5 years ago

Dividend cuts may mean rethinking your retirement income strategy

Hundreds of companies, including 63 on the S&P 500 index, have cut or suspended their dividends so far this year. The second half of the year is when investors will feel those reductions the most.

5 years ago

August is shaping up to be 'ugly' if stimulus, extra unemployment runs dry for millions

The Senate will start debating the contours of more coronavirus relief measures next week. That package is shaping up to be less generous than the CARES Act, and aid could take weeks to arrive.

5 years ago

Cramer: 'Big money' wants to sell stocks regardless of positive earnings, stronger economic data

"Let the sellers get their job done. There's some agenda here. They're obviously not caring about news," CNBC's Jim Cramer said Thursday.

5 years ago

Helping others during the Covid-19 crisis can help your own emotional, financial well-being

From personal gestures to financial contributions, experts say giving back can be an effective way to alleviate stress and anxiety — and result in additional tax savings.

5 years ago

Picking up the financial pieces after a loss: 'We planned life but we didn't plan death'

Dealing with the death of a loved one from coronavirus is devastating. Here's how to navigate the financial path forward.

5 years ago

Warren Buffett reaps $40 billion from giant Apple stake since March bottom

Berkshire Hathaway's Apple stake has claimed 40% of its equity portfolio after the tech giant's massive rally since the market bottom in March.

5 years ago

An Investor Guide to Startup KPIs

An investor can review a startup’s key performance indicators, or KPIs, to help gain an idea of how well a startup’s business model, marketing, and product are performing. Continue reading

5 years ago

Florida unemployment office, the 'poster child' of delayed benefits, cuts 1,000 workers

Florida cut about a quarter of the customer service workers in its unemployment department, leading to fears of further delays in paying benefits even as the state's jobless figures increase.

5 years ago

Bipartisan bill to prevent costly Medicare mistakes advances in the House

The BENES Act, which was approved by a House committee on Wednesday with unanimous bipartisan support, aims to minimize Medicare enrollment mistakes, which can be costly or result in gaps in coverage.

5 years ago

Goldman Sachs shares jump as earnings blow past the Street on the best trading results in years

Expectations for Goldman were running high after JPMorgan Chase and Citigroup posted strong trading, and the firm delivered.

5 years ago