Robinhood Gets SEC Notice Recommending Enforcement Action Against Crypto Unit

The brokerage said the potential action could involve a civil injunction, a public administrative proceeding or a cease-and-desist order. 


 
'Green Shoots' Grow Out of Control on Wall Street

Bankers are dropping the phrase like seeds at spring planting, optimistic about signs of an end to dealmaking's long freeze. 


 
EQT to Buy U.S. Digital Consultancy Perficient for $3 Billion

Swedish private-equity firm EQT said it will pay $76 a share, a 58% premium to Perficient's closing price on Friday. 


 
Castlelake CEO Says Brookfield Deal Lets Firm Balance Capital and Control

The Minneapolis-based private credit specialist is selling a majority stake in itself to the publicly traded asset manager. 


 
Westpac's First-Half Profit Falls, Lifts Buyback

The Australian bank said its first-half net profit fell by 16%, but it would return more capital to shareholders through an increased dividend and bigger share buyback. 


 
Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services. 


 
Largest U.S. Pension Sold Verizon, Disney, and Peloton Stock. It Bought Moderna.

Calpers slashed investments in Verizon, Disney, and Peloton stock, and doubled down on Moderna shares in the first quarter. 


 
Bondholders to Push Ukraine to Resume Debt Payments After Hiatus

After Russian troops stormed into the country two years ago, Ukraine's lenders said Kyiv could wait to pay them back. Now, their patience is starting to run out. 


 
Warren Buffett Praises Apple After Berkshire Hathaway Cuts Stake

The legendary investor praised the iPhone maker at his annual meeting in Omaha, Neb., even after revealing that Berkshire had slashed its stake in the first quarter. 


 
Investors Were Burned by European Banks for Years-Until Now

After years in the doldrums, European banks have cleaned up their balance sheets. The result: Stock prices have surged.


(END) Dow Jones Newswires

05-06-24 1115ET