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Goldman Sachs Forms Capital Solutions Group to Grow Private Credit Business
Goldman Sachs Forms Capital Solutions Group to Grow Private Credit Business
January 15, 2025  |  Business

Goldman Sachs Group has created a Capital Solutions Group that will bring together its financing, origination, structuring and risk management solutions in its Global Banking...

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Fed Survey: Businesses Now Face More Uncertainty Than Before Pandemic
Fed Survey: Businesses Now Face More Uncertainty Than Before Pandemic
December 26, 2024  |  Business

According to the latest Survey of Business Uncertainty, firms are now more uncertain about their prospects than they were before the pandemic. The December survey,...

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Report: Kimura Capital Closes Trade Finance Business
Report: Kimura Capital Closes Trade Finance Business
December 17, 2024  |  Business

Kimura Capital is reportedly closing its London-based trade finance business and returning money to investors. The company will continue its ventures in commodity logistics and sports management,...

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7-Eleven Owner Seven & i Considers Management Buyout
7-Eleven Owner Seven & i Considers Management Buyout
November 14, 2024  |  Partnerships

Seven & i Holdings, owner of the 7-Eleven convenience store chain, said Wednesday (Nov. 13) that it received a proposal for a potential management buyout....

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Report: Franchise Group Paid $5.7 Million in Bonuses Before Bankruptcy
Report: Franchise Group Paid $5.7 Million in Bonuses Before Bankruptcy
November 07, 2024  |  Business

Franchise Group, owner of retailers like Vitamin Shoppe, started off this week by declaring bankruptcy. But as the company was collapsing, it paid insiders $5.75...

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Fidelity Payment Services Rebrands as Sola, Names Michael Reed CEO
Fidelity Payment Services Rebrands as Sola, Names Michael Reed CEO
October 23, 2024  |  Personnel

Fidelity Payment Services rebranded as Sola, and its board appointed payments industry veteran Michael Reed as its CEO. Sola is the new, consolidated brand identity...

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The Fed’s Rate Cut Could Rewrite Financial Playbooks for CFOs
The Fed’s Rate Cut Could Rewrite Financial Playbooks for CFOs
September 24, 2024  |  CFO

The Federal Reserve’s long-awaited interest-rate cut arrived Wednesday (Sept. 18). The move to lower interest rates by 50 basis points marks a pivotal moment in...

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AI Explained: Edge AI Computing Brings Tech to Devices
AI Explained: Edge AI Computing Brings Tech to Devices
September 23, 2024  |  Artificial Intelligence

Edge AI computing brings the brain of artificial intelligence (AI) directly to your devices, making them smarter, faster and more private. From self-driving cars navigating...

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