SEC Eyes Guidance on SPAC Projections, Clarity on Liability Shield April 28, 2021 By Anirban Sen, Chris Prentice and Joshua Franklin U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify when...
WeWork Directors Move to Protect Right to Sue Owner SoftBank Over Nixed Tender Offer May 13, 2020 By Joshua Franklin A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded,...
Uber, Before IPO, Joins Others in Adjusting Timeline for Driverless Cars April 9, 2019 By Joshua Franklin and Alessandra Galloni Uber Technologies Inc. expects it will be a long time before one of its biggest investments, self-driving cars, is ready...
Blackstone Wants to Manage More Insurance Money April 23, 2018 By Joshua Franklin Bets on Spanish housing and oil assets helped Blackstone Group LP mitigate stock market jitters that weighed on it in...
Blackstone Aims to Grow Insurance Asset Management to $100 Billion January 9, 2018 By Joshua Franklin Blackstone Group wants to quadruple to $100 billion the assets it manages at its new unit for insurers as it...
Swiss Re Estimates $3.6B in Claims from U.S. Hurricanes & Mexican Quakes October 20, 2017 By Joshua Franklin Swiss Re, the world’s second-largest reinsurer, estimated its claims burden from hurricanes Harvey, Irma and Maria in the United States...
Insurance Sector Set to Overtake Banking in Switzerland May 11, 2017 By Joshua Franklin Switzerland’s financial center is in the midst of a power shift. The Alpine country’s less fashionable insurers, long overshadowed by...
Credit Suisse Facing $5-$7 Billion Penalty by U.S. for Toxic Mortgage Securities December 20, 2016 By Oliver Hirt, Karen Freifeld and Joshua Franklin The U.S. Department of Justice has asked Credit Suisse to pay between $5 billion and $7 billion to settle a...