JPMorgan and Bank of America Corp. were subpoenaed by US lawmakers over their role in the initial public offering of Chinese battery maker.
Blackstone beat second-quarter profit expectations on strong gains in its credit and private equity businesses.
Nouriel Roubini, long known for his bearish economic outlooks, is sounding an unexpected note of optimism: despite Trump-era protectionism.
A key investor in BlackRock Inc.’s private funds is looking to cut its stakes following disappointing performance and senior executive departures.