The Race to Succeed Goldman's CEO Just Got More Complicated

The strengthening of David Solomon's grip may cloud John Waldron's path to the top job. 


 
Can Dividend Investing Rise From the Dead?

The once-blockbuster strategy of picking big payers has been battered by growth-focused tech titans, but the right approach could bring it back. 


 
Biotech Venture Firm Pitches Startups on Billboards

With startup investment sputtering and many entrepreneurs scrounging for cash, it would seem the last thing a venture-capital firm would need to do is advertise. But that is what biotechnology investor Curie.Bio is doing. 


 
UBS Loses to Whistleblower in Wide-Reaching Supreme Court Decision

A win for an analyst allegedly fired for protesting unethical requests will make it easier for whistleblowers to sue. 


 
Barclays Acquires Tesco's Banking Operations

Barclays has agreed to buy Tesco's retail banking branch for a consideration of around $760 million in a deal that allows the U.K. grocer to focus on its core food offering and return cash to shareholders. 


 
SoftBank Returns to Health With an AI Bump

The tech investor's shares rose 11% on the back of higher revenue at Arm, its chip-design subsidiary. 


 
Fidelity's Abigail Johnson Shakes Up Executive Ranks, Again

The CEO named a new finance chief and others. What the changes don't do is offer much clarity on who will emerge as Johnson's top deputy. 


 
Ares Management Saw Robust Fundraising in Profitable Fourth Quarter

The $418 billion private-asset manager said it would actively market 35 different products across 17 strategies in 2024. 


 
Apollo Takes Aim at $250 Billion in Debt Investments Annually

The firm set a new five-year goal, betting that investors will flock to private debt in search of better returns. 


 
Regional-bank bondholders seem unworried by New York Community Bank's problems

While regional-bank stocks continue to be dragged down by the troubles assailing New York Community Bank, their bonds are holding up, suggesting bondholders view NYCB's issues as isolated.


(END) Dow Jones Newswires

02-09-24 0715ET