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Lauren Hirsch
Posts
Deal for Formula 1 Team Reflects Growing U.S. Interest in the Sport
The actor Ryan Reynolds and the private equity firm RedBird Capital are among the investors taking a stake in Renault’s Alpine team.
Hotelier Stops Making Loan Payments on Two San Francisco Properties
Park Hotels & Resorts said it stopped making payments on a $725 million loan tied to two prominent hotels in a city hit hard by…
Venture Capital Giant Sequoia Spins Off China and India Units
The Silicon Valley firm said that the split would simplify its business. The move comes amid rising tensions between the United States and China over…
Lazard Names Peter Orszag to Succeed Ken Jacobs as C.E.O.
Mr. Orszag will oversee a financial institution with a long history of advising on corporate deals at a time when its mainstay business faces huge…
Bank Turmoil Is Paving the Way for Even Bigger ‘Shadow Banks’
The market for loans from non-bank firms like Apollo and Blackstone is booming. A crisis in regional lenders could accelerate it.
PacWest Says It’s Exploring Options After Shares Plunge
An intensifying challenge for bankers and regulators is how to keep the turmoil in the stock market from spilling into the lenders’ day-to-day businesses.
Jamie Dimon’s Letter to JPMorgan Investors Warns of Banking Crisis ‘Repercussions’
In his annual letter to shareholders, the chief executive of JPMorgan Chase said regulations were partly to blame for the turmoil, although the economy remained…
Bay Area Expansion Team Draws Record Price for U.S. Women’s Soccer League
The investment firm Sixth Street led an ownership group that plans to spend $125 million on the franchise.
Banker Bonuses Drop 26% on Wall Street As Deal-Making Cools
The bumper payouts earlier in the pandemic have waned, as banks cut costs and worries about financial stability loom over markets.
First Citizens to Acquire Silicon Valley Bank
The Federal Deposit Insurance Corporation, which announced the deal late Sunday, had been looking for a buyer since seizing control of the bank.