Goldman Sachs Veteran to Become CEO of Asset-Management Firm

Luke Sarsfield, who helped run Goldman's asset-management unit, is set to join P10, which specializes in so-called alternative investments. 


 
Private Equity Stays Bullish on Pay as Bonus Season Nears

Private equity has had a bad year, but that doesn't mean lower pay for people in the industry. 


 
Will Sam Bankman-Fried Bet on His Own Testimony?

The FTX crypto-exchange founder faces a choice on whether to take the stand after former members of his inner circle testified that there was sweeping fraud. 


 
Fed's Bostic says he doesn't see first rate cut until late next year

Atlanta Fed President Raphael Bostic said Friday that the first rate cut might not come until late next year. 


 
Hong Kong's Financial-Sector Feast Turns to Famine

Weak underlying results from the Hong Kong exchange's owner are the latest sign of profound damage to the Asian financial center from recent changes in the city and on the mainland. 


 
American Express Posts Record Results

American Express says third-quarter revenue rose 13% to $15.4 billion, in line with expectations. 


 
Regions Financial Stock Slides After Earnings Miss

The regional bank posts third-quarter revenue and net interest income below expectations. 


 
Private-Equity Firms Forced to Kick In More Cash to Shore Up Portfolio Companies

Higher interest rates mean firms must contribute more equity to the companies they back to get lenders to refinance debt. 


 
Why Hamas Uses Crypto to Raise Money

The militant group raised millions of dollars before its attacks in Israel, prompting lawmakers to call for tougher rules to curb crypto's utility for criminals and groups under U.S. sanctions. 


 
There's a Reason This Bull Market Feels So Weird

The past year's stock-market rally looks more like the tail end of a bull run, rather than the beginning.


(END) Dow Jones Newswires

10-23-23 0015ET