Financials

PEIA is expected to close out current fiscal year with a surplus.

Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the matter told Reuters.

BitGo is launching a new clearing and settlement service, allowing off-chain transactions between clients so assets never leave custody.

Bank of America continues to make significant investments to modernize more than half of its financial centers nationwide, along with its entire ATM n

Warren Buffett's Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp's $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp.

Together, Brookfield and Oaktree will provide global investors with one of the most comprehensive offerings of alternative investment products available in the marketplace todayHoward Marks, Bruce Karsh, and other members of Oaktree Capital Group Holdings, L.P. will own 38% and retain operating control of Oaktree

Ford is investing $500 million in electric pickup truck maker Rivian, saying the two companies will work together to develop a new battery plug-in vehicle for Ford.

Blackstone (NYSE:BX) today announced that funds affiliated with Blackstone Infrastructure Partners (BIP), have made a growth-oriented investment in Ca

FIS™ (NYSE:FIS), a global leader in financial services technology, and Worldpay, Inc. (NYSE:WP; LSE:WPY), a global leader in eCommerce and payments, a

Jupiter Fund Management Plc. (JUP.L) announced Tuesday the appointment of Wayne Mepham as Chief Financial Officer with effect from September 2, subject to customary regulatory approvals.