Jackson Financial Names Don Cummings to Succeed CFO Marcia Wadsten 

Jackson Financial appointed Don Cummings as its next chief financial officer, succeeding Marcia Wadsten.

Goldman Sachs executive Beth Hammack named next president of Cleveland Fed 

Will be a voting FOMC member this year

Goldman Sachs Raises $20 Billion for Private Lending 

The fund is targeting private-equity-backed global businesses.

Robinhood's stock jumps 4% after $1 billion buyback unveiled 

Shares of Robinhood Markets Inc. rose more than 5% in the extended session Tuesday after the online broker said its board approved a $1 billion share buyback program.

Financial Services Roundup: Market Talk 

Persimmon, ABN Amro and more in the latest Market Talks covering Financial Services.

Bullish Investors Are Piling Into Stock and Bond Funds 

The flows mark a break from risk aversion and an embrace of the narrative that a strong U.S. economy will support financial markets.

PayPal Is Planning an Ad Business Using Data on Its Millions of Shoppers 

Payments company hires Uber's former head of advertising to run a new ad division.

New Mexico State Investment Council Earmarks Over $500 Million for Private-Markets Funds 

The state is making a major commitment to new infrastructure funds managed by Ardian and Antin Infrastructure Partners.

Private-Equity Giants Near Settlements With SEC Over Texting Violations 

Blackstone, TPG and Carlyle Group disclosed that they have been cooperating with the Securities and Exchange Commission.

Private-Equity Leaders Tout Industry Comeback, but Hiring Lags 

Buyout firms remain reluctant to add staff, raise pay following the industry's postpandemic hiring binge.

(END) Dow Jones Newswires

05-29-24 1115ET