Three trends in the stock market are bound to vault equities higher in 2024, Wall Street strategists say.Getty Images The rapid growth of private could end up being a risk to broader market stability, the IMF says. The “opaque” corner of financial markets grew to $2.1 trillion last year. Infrequent valuations and unclear credit quality
(Bloomberg) — A group of debt arrangers led by Morgan Stanley and JPMorgan Chase & Co. priced $6.1 billion in high-yield bonds and leveraged loans to support Stone Point Capital and Clayton Dubilier & Rice’s acquisition of Truist Financial Corp.’s insurance business. Most Read from Bloomberg The group sold $3 billion in bonds Friday concurrently
Key Insights To get a sense of who is truly in control of Restaurant Brands New Zealand Limited (NZSE:RBD), it is important to understand the ownership structure of the business. With 75% stake, private equity firms possess the maximum shares in the company. That is, the group stands to benefit the most if the stock