Private equity plunges into US college sports with Learfield deal
Fortress, Charlesbank and Clearlake take control of marketing group representing campus teams and athletesMergers & Acquisitions
EU moves against China’s electric carmakers in bid to shield own industry
Beijing’s subsidising of EV manufacturers stokes fears of European rivals being priced outElectric vehicles
Blackstone combines internal units as it sets sights on ‘next $1tn’
Merging insurance and credit arms signals growth prospects lie away from private equity and property pursuitsMergers & Acquisitions
US bank reform is going backwards
A Fed proposal to change capital requirement modelling risks blindfolding banks and creating perverse incentives to lendFintech, Financial & markets regulation
Software groups dismiss price premium for generative AI
Adobe, Salesforce and Zoom have for now ruled out following Microsoft’s lead despite extra costs Artificial intelligence
VinFast says most of its electric vehicles have been sold to a related party
Filings underscore limited demand for EVs from Vietnamese start-up that briefly had higher market cap than Ford Electric vehicles
Claudia Buch nominated for role of eurozone’s chief banking supervisor
Bundesbank deputy head’s nomination paves way for Nadia Calviño to land top job at European Investment BankFinancial & markets regulation
ECB criticises Italy’s windfall tax on banks
Levy poses risk to eurozone financial stability by reducing lenders’ retained earnings, according to central bank Central banks, Financial & markets regulation
The Lex Newsletter: bankers get creative to overcome M&A fee drought
With fewer companies being bought and sold, banks are seeking income by offering more specialist adviceMergers & Acquisitions, Investment Banking