KKR seeks $1.5 billion for third special situations fund: sources

U.S. private equity firm KKR & Co Inc is seeking to raise $1.5 billion for its third special situations fund, people familiar with the matter said on Friday.

Your Money: U.S. tax reform further complicates federal student aid form

U.S. tax reform is finally catching up with the college financial aid process, and the synchronization is off to a rocky start.

U.S. stock funds post second straight weekly outflow

U.S. equity funds saw $7.9 billion in outflows in the last week, the second consecutive weekly drawdown, as bond and money market funds drew money, according to data released by Lipper on Thursday.

Banker defections pose challenge for Credit Suisse's Thiam

The announcement by Julius Baer this week that it had hired five senior bankers from Credit Suisse underscores the challenge facing Chief Executive Tidjane Thiam as he seeks to reassure staff and investors in the wake of a spying scandal.

At Harvard B-School, lessons for impact investors

Harvard Business School is known for guiding the next generation of financial leaders through compelling case studies in management, innovation and global intelligence. Now the curriculum includes impact investing, which incorporates positive environmental, social and governance values into investment decisions.

Exclusive: Morgan Stanley, Goldman Sachs poised to lead Airbnb's listing - sources

Short-term home rental company Airbnb Inc is set to hire Morgan Stanley and Goldman Sachs Group Inc as joint lead advisers on its planned stock market flotation next year, people familiar with the matter said on Wednesday.

Investors retreat from U.S. stock funds amid impeachment inquiry

Investors pulled nearly $14 billion out of mutual fund and exchange-traded funds that hold U.S. stocks last week, ending what had been the largest surge into domestic stock funds since December 2016, according to data released Wednesday by the Investment Company Institute.

Brexit: Deutsche Bank still sees 50% chance of no-deal by year-end

Deutsche Bank said on Wednesday it still sees a 50% chance that Britain will leave the European Union without a deal by the end of the year following a general election, but said there's a 20% chance of a "surprise" agreement later this month.

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