News Highlights: Top Financial Services News of the Day - Monday at 7 AM ET

Dow Jones
02-17
 
EQT Names Company Veteran Per Franzen New CEO 
 

Swedish buyout group EQT named company veteran Per Franzen as its new chief executive and managing partner, replacing Christian Sinding, who will step down in May.

 
The New Survival Guide for Private Equity: Go Big or Get Back to Basics 
 

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

 
Berkshire Hathaway Cuts Bank of America, Buys Constellation Brands. What It Did With Apple Stock. 
 

Warren Buffett's company kept its stake in Apple unchanged,

 
Veteran of U.S. Credit Downgrade Hears Alarm Bells Today 
 

A former S&P executive shares his views of U.S. creditworthiness under President Trump.

 
Canada to Compel Banks, Insurers to Disclose Diversity Membership for Boards 
 

The decision is in contrast to what has been unfolding in the U.S., as some of America's biggest companies are retreating from diversity, equity and inclusion programs, or DEI, amid a push by President Trump to terminate such initiatives within the U.S. public sector.

 
Buffett's Berkshire Holds On to Apple Shares, but Trims Stakes in BofA, Citi and Capital One 
 

Berkshire unveils new position in Constellation Brands, which sells Modelo and Corona.

 
CVC Capital Partners Reports a Rise in Fee-Paying Assets Under Management 
 

The private equity company's fee-paying assets under management increased in 2024 as investment activity recovered, but it remains cautious on its near-term outlook.

 
NatWest Guides for Higher Income, Profitability After Quarterly Beat 
 

Loan growth and structural hedges continue to mitigate the impact of interest-rate cuts as the bank posted a 19% on-year increase in fourth-quarter pretax profit.

 
Barclays Faces Probe From U.K. Regulator Over Money-Laundering Controls 
 

The London-based bank said it is cooperating with the investigation.

 
Municipal Bonds Markets Fear Trump Tax Cuts Could Clip Momentum 
 

The Trump administration's efforts to cut taxes are threatening to upend the U.S. $4 trillion municipal bond market.

 
 

(END) Dow Jones Newswires

February 17, 2025 07:00 ET (12:00 GMT)

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