Apollo Backs Firm That Supports Emerging Fund Managers

Apollo Global Management is backing the formation of a new firm that will provide capital to help private markets firms that are starting or expanding, including firms led by professionals from diverse backgrounds. 


 
Swiss National Bank Rules Out Payouts After Losing $3.5 Billion Last Year 
 
 
Startup Founders Fret Over Getting Fired Like Sam Altman

They are building up protections and share classes after watching theOpenAI saga play out. 


 
Financial Services Roundup: Market Talk

LendingTree, TransUnion and more in the latest Market Talks covering Financial Services. 


 
New Fund for Tech Deals in Southeast Asia Hits Final Close at $474 Million

Singapore-based Asia Partners' second fund closes even as the rout in the market for IPOs and venture-capital fundraising continues. 


 
Bank of America Recognizes $1.6 Billion Charge on Discontinuation of Loan Index

The charge was related to the discontinuation of an alternative reference rate, the Bloomberg Short-Term Bank Yield Index. 


 
Investors Hope the Dogs of the Dow Can Find Their Bite

Big tech stocks are off to a sluggish start in January, offering a chance for value-oriented shares to shine. 


 
Brookfield's Jehangir Vevaina Sees Opportunities in Energy Security Drive

The managing partner expects the asset manager to benefit from government efforts to expand local renewable-energy sources. 


 
Buying Home and Auto Insurance Is Becoming Impossible

Huge losses from national disasters have prompted the industry to jack up prices and pull back from some markets. 


 
James Gorman Just Wrapped Up a Successful Tenure at Morgan Stanley. It Almost Didn't Turn Out That Way.

The former CEO describes a narrowly averted downgrade to junk territory in 2012 as his toughest moment.


(END) Dow Jones Newswires

01-09-24 1115ET