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HSBC targets the globally mobile with $1.4 trillion wealth business

HSBC plans to invest heavily in its newly combined retail and private banking business as it targets internationally minded customers in markets such as China, the United States and Singapore, the unit's Chief Executive Charlie Nunn told Reuters......»»

Category: topSource: reutersFeb 20th, 2020

L Brands To Sell Victoria"s Secret For $1.1B

L Brands Inc. (NYSE: LB) is close to selling Victoria’s Secret to a private-equity company. The lingerie maker will operate as a private business post-sale. read more.....»»

Category: blogSource: benzingaFeb 20th, 2020

Palo Alto private equity firm buys RSA security business from Dell for $2.1B

Dell Technologies Inc. will sell its Masachusetts-based cybersecurity unit RSA for $2.08 billion in cash to a consortium of investors led by Palo Alto-based Symphony Technology Group as the computer makers tries to streamline its business. Joining.....»»

Category: topSource: bizjournalsFeb 19th, 2020

Dell close to deal to sell RSA for $2 billion--WSJ

Dell Technologies Inc. is close to a deal to sell its RSA cybersecurity business for more than $2 billion to private equity firm STG Partners LLC, accord.....»»

Category: topSource: marketwatchFeb 18th, 2020

Ordeal of U.S. investor in Moscow may end — but that wouldn’t mean Russia has turned business-friendly

The head of the Barking Vostok private equity fund could be freed in the coming months, according to the Bell. His experience confirms that Russia remains a high-risk country for direct investors......»»

Category: topSource: marketwatchFeb 17th, 2020

Elon Musk"s internet-satellite business is "likely" going to spin off from SpaceX and go public, COO reportedly says

Elon Musk's private space tech company is 'likely' to spin off its Starlink internet business and take it public, said SpaceX COO Gwynne Shotwell, according to a report by Bloomberg. Starlink, which plans to offer .....»»

Category: topSource: businessinsiderFeb 6th, 2020

Despite Fairway’s bankruptcy, grocers are opening new Manhattan locations

For yearlong access to lists assembled by Crain's New York Business, please log in or subscribe for a data membership. Fairway Market’s road to bankruptcy began with a private-equity takeover. Seven... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 30th, 2020

This is what"s driving this Lewisville developer"s $2B expansion effort

A $2 billion expansion effort and plans to raise and invest $250 million in equity funding - here's what's behind the growth push from this North Texas development and hotel management company......»»

Category: topSource: bizjournalsJan 29th, 2020

Torchlight Energy: Watch Out for This Energy Micro-Cap

The company’s recent success in the Orogrande basin and its strong, private-equity-like business model are not factored into its current price levelsRelated Stocks: TRCH,.....»»

Category: blogSource: gurufocusJan 28th, 2020

BlackRock, partners eye initial $500 million for climate fund

A BlackRock-backed group aims to raise an initial $500 million for a private equity fund that will invest in climate change-linked infrastructure upgrades in emerging markets......»»

Category: topSource: reutersJan 22nd, 2020

Kelsey-Seybold Clinic nabs private equity funding, plans Houston-area expansions

Kelsey-Seybold plans to open a new Katy-area clinic this summer and announce a new Conroe location in the coming months......»»

Category: topSource: bizjournalsJan 21st, 2020

Abu Dhabi plans to sell a $2 billion slice of its private equity book

The Abu Dhabi Investment Authority is preparing to sell around $2 billion of its stakes in private-equity funds, amid an increasing push toward direct investments by the sovereign wealth fund, people familiar with the matter said......»»

Category: topSource: moneycentralJan 15th, 2020

Private equity deal makes Springbrook Software independent again

Terms of the deal were not disclosed, but the the company's new private equity owner plans to invest in the Portland software maker......»»

Category: topSource: bizjournalsJan 8th, 2020

Bed Bath & Beyond Sells Half Its Real-Estate In An Effort To Turn Around Business

Bed Bath & Beyond Inc. (NASDAQ: BBBY) has sold approximately half of its real-estate to Chicago-based private equity firm Oak Street Real Estate Capital LLC, the Wall Street Journal rep.....»»

Category: earningsSource: benzingaJan 6th, 2020

Billionaire Blackstone founder Steve Schwarzman says a leader"s most important trait is a clear view of their firm"s purpose

Hollis Johnson/Business Insider Steve Schwarzman, the billionaire founder and CEO of US private equity giant Blackstone, says the most important trait a leader can possess is having a fir.....»»

Category: topSource: businessinsiderDec 24th, 2019

Private equity firms are pushing further into the telecom space

This story was delivered to Business Insider Intelligence Connectivity & Tech subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published.....»»

Category: topSource: businessinsiderDec 23rd, 2019

Contango Oil & Gas announces private equity capital raise

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallDec 20th, 2019

Delta"s private jet business to gain equity stake in merger with Wheels Up

Delta Private Jets, a subsidiary of Delta, will combine with New York City-based Wheels Up......»»

Category: topSource: foxnewsDec 13th, 2019

Nestlé to sell Häagen-Dazs ice cream business for $4bn

Nestlé is to sell its US ice cream business that includes Häagen-Dazs for $4bn in cash into a private equity-backed vehicle, creating a stronger challenger to Unilever in the frozen dessert category......»»

Category: topSource: bizjournalsDec 12th, 2019

Small Business Optimism Surges As Plans To Raise Wages Soar Most In 30 Years

Small Business Optimism Surges As Plans To Raise Wages Soar Most In 30 Years After stagnating for muc.....»»

Category: blogSource: zerohedgeDec 10th, 2019