Sternlicht defends gating Starwood REIT withdrawals, hopes it will be a ‘6-month thing’ as rates fall
Barry Sternlicht, Starwood Capital Group chairman and CEO, defended his decision to cap how much money investors could pull from…
Alphabet taps Eli Lilly’s Anat Ashkenazi as new CFO
Eli Lilly Chief Financial Officer Anat Ashkenazi will become Alphabet’s new CFO effective July 31, Google’s parent company saidTuesday, almost…
Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal
Hanesbrands agreed to sell its global Champion business to Authentic Brands Group in a transaction valued at $1.2 billion, including…
Ron Baron, big Tesla shareholder, supports Elon Musk’s $56 billion pay package
Billionaire investor Ron Baron, longtime Tesla bull and shareholder, wrote an open letter in support of CEO Elon Musk’s controversial…
Goldman-backed Starling says no plans to pursue EU bank license, expansion to come from software
AMSTERDAM — Digital bank Starling will not re-apply for a European Union banking license and instead pursue international expansion through…
Citadel Securities and BlackRock back project to start a national stock exchange in Texas
BlackRock and Citadel Securities are among investors backing a group seeking to start a new national stock exchange in Texas.…
Fintech firm Nium cuts valuation by 30% in new funding round, eyes 2025 IPO
AMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in new funds from investors, and…
The best banks in the Asia-Pacific region, according to customers
SINGAPORE — Customers in Asia-Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing…
