Ares Management has held talks to buy Leonard Green & Partners
A deal between the LA groups would dramatically expand the size of Ares’ private equity business
Taylor Swift’s wedding was a clear display of the musicians’ huge power and influence
A.PAES/ShutterstockTaylor Swift getting married to Travis Kelce in New York this summer could easily be described as the ultimate celebrity event. There was hype, intrigue, tight media control and plenty of global attention.
Some described it as being the US’s version of a royal wedding. But there is a key difference.
US courts diverge on latest front in debt brawls
Legal warfare has broken out over whether payment of a debt obligation requires actual cash changing hands
Business loans drive 7.7% YoY credit growth in June
Credit expansion in the Greek private sector remained strong in June, rising by 7.7 percent year-on-year (YoY), from 7.4 percent the previous month, Bank of Greece (BoG) figures released on Monday showed.
Corporate inflows in June push deposits to highest point since April 2010
Private sector deposits rose strongly in June, with a net inflow of 8.76 billion euros, after a solid rise of 5.31 billion euros in May, according to the latest Bank of Greece (BoG) figures released on Monday.
VAT and underspend drive budget outperformance in first six months
The budget primary balance was confirmed at a surplus of 4.49 billion euros for June, compared to a surplus of 4.52 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
PM offers more fuel relief as path to TIF pledges becomes more treacherous
As Greece moves towards the Thessaloniki International Fair (TIF) in early September, the government is being forced to deal with a cost‑of‑living crisis intensified by geopolitical instability, a shifting electoral landscape marked by new party dynamics and voter volatility, and the start of a major constitutional revision process that requires broad parliamentary support.
Hedge funds grow at the fastest rate ever
Plus, Wall Street balks at Trump Media charges, Asian private credit’s slump and Whistler at Tate Britain
Beware the shimmer of holographic markets
Tokenised securities are mirror images of the real thing but pose new risks
UK lenders accuse Bank of England of ignoring Wall Street’s capital edge
Study estimates differences mean British banks carry £22.5bn extra capital burden relative to US rivals
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