From Morningstar: 2024-04-02 00:32:34

Nuvei has agreed to a deal to be taken private with support from key shareholders representing roughly 92% of the voting power attached to Nuvei’s shares.

The Baltimore bridge collapse could impact reinsurance pricing as the cost of insuring against extreme risks continues to rise.

With the absence of the “Magnificent Seven” in the stock market, investors see the rally without Apple and Tesla as a bullish signal of wider market participation.

Central banks and markets are facing challenges in achieving victory over inflation as underlying inflation stabilizes or rises in the U.S. and Europe.

Financial Services Roundup includes insights on the SPDR Gold Shares ETF, Bank of Canada, CIBC Capital Markets, and more.

Venture firms are utilizing AI to identify and close deals more efficiently with the help of advanced and generative AI technology.

Wealth management is a lucrative opportunity for banks but carries the risk of catering exclusively to the wealthy.

High-yield CDs can turn into low-rate CDs over time as banks may renew maturing CDs at significantly lower rates.

The Fed’s favored inflation gauge rose to 2.5% in February, meeting economists’ expectations for the month.

After the FTX scandal, Bankman-Fried’s employees struggle to move on and comprehend their ex-boss’s crimes.



Read more at Morningstar: News Highlights: Top Financial Services News of the Day – Tuesday at 12 AM ET