The fund's exposure to First Brands is about 1.4% of its $1.9 billion total assets, according to company filings.

With M&A deals poised to exceed 300 this year, sub-acquisitions now account for nearly one-third of all RIA transactions thanks to a "maturing" ecosystem.

Shares of several U.S. regional lenders fell sharply on Thursday after Zions Bancorporation and Western Alliance Bancorp ...

Many participants appear to treat DC loans as a fallback to cover core expenses rather than a convenient liquidity option for ...

The recent collapses have rattled credit markets and exposed losses for banks and investment firms. JPMorgan Chase & Co. took ...

Drawing on more than three decades of experience building investment platforms, Rogerson sees a pivotal moment for ...

The International Monetary Fund sees “significant downside risks” to global growth due to renewed frictions between the US ...

Bonds have also been supported by recent rhetoric from Federal Reserve officials which reinforced bets for more policy easing ...

Stocks extended declines as doubts over the credit health of regional US banks drove traders to cut down on risk, capping a ...

Academic researchers call out "illusory" alpha and return of capital as recent blowups have rattled major managers leading ...

When First Brands imploded, revealing more than $2 billion of missing investor funds, the shockwaves were immediate. A ...