Mergers and acquisitions

VC firms create $60 billion-plus climate tech alliance with backing from the UN

A group of venture capital firms including Tiger Global and Union Square Ventures on Tuesday set up an alliance aimed…

Investing app Acorns acquires kid-focused fintech GoHenry to expand in Europe

LONDON — American micro-investing platform Acorns acquired GoHenry, a digital banking startup focused on educating kids about money, for an…

‘Call of duty’: With Sergio Ermotti, Switzerland gets a cost-cutting local to restore its reputation

Incoming UBS CEO Sergio Ermotti on Wednesday said his return to the helm was “a call of duty,” as the…

Tom Brady buys partial stake in WNBA’s Las Vegas Aces

CNN  —  Seven-time Super Bowl champion Tom Brady has acquired an ownership stake in the WNBA’s Las Vegas Aces, team…

UBS shares reverse losses, Credit Suisse craters 55% after takeover deal

UBS shares staged a remarkable rally Monday afternoon, reversing steep losses after the bank’s 3 billion Swiss franc ($3.2 billion)…