SEC cracks down on misleading fund names over industry objections
Changes require ETFs and mutual funds to hold 80% of their assets in line with their labelsFinancial & markets regulation
How teams can work magic 🧖♀️
It may be better to make coaching a group effort, plus the Office Therapy advice columnWork-life balance
Goldman Sachs in talks to sell GreenSky to group of investment firms
Sixth Street and Pimco in consortium seeking to capitalise on Wall Street bank’s retreat from consumer lendingMergers & Acquisitions
Car industry reels from uncertainty over Rishi Sunak’s net zero plans
UK prime minister expected to delay ban on sales of new petrol and diesel engine car sales by five yearsElectric vehicles
Chelsea FC raises $500mn from Ares
Premier League club joins forces with US alternative asset manager as it looks for ways to boost revenue Travel & leisure industry, Mergers & Acquisitions
Rome to probe Ryanair’s selling practices in escalating row
Antitrust investigation to focus on airline’s efforts to sell travel related services on its websiteTravel & leisure industry
Cathie Wood’s Ark Investment Management buys Rize ETF as it pushes into Europe
Wall Street investor partners with Martin Gilbert on developing new fundsMergers & Acquisitions
The Lex Newsletter: TikTok wants to be Amazon for Gen Z
Social media group is branching out into ecommerce but the US is not the only country with concerns about the appEcommerce, Social Media
BYD: China’s cheap EVs charge up Japanese market
Release of Dolphin model will test loyalty to domestic carmakersElectric vehicles