A slated $200 million debt issuance has Fitch analysts concerned for the parent company's strategy

The ratings agency Fitch now has a negative outlook on Russell Investments following a reversal of its private equity owner’s plan to deleverage the business.

In a February 9 statement, Fitch said a planned issuance of $200 million secured debt by Russell Investments was contrary to what had been said by TA Associates when it bought the fund manager in October 2015.

Fitch turns negative on Russell Investments

Elizabeth Pfeuti

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Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

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Work-to-party founder Adam Neumann liked to say he ran a tech company. WeWork’s new, postbankruptcy marketing chief is tasked with positioning the brand as an old-fashioned office space provider.

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The shooter who killed four including Blackstone executive and NYPD officer left suicide note indicating he believed he had CTE from brain trauma, Adams says

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CEOs Trumpet Smaller Workforces as a Sign of Corporate Health 

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Many in the Gen Z generation missed out on critical experiences during the pandemic. Bosses should be filling in those gaps.

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NatWest Raises Outlook, Launches Buyback After Strong Quarter

The president turned a rare visit to the U.S. central bank into political theater that included hard hats and a back slap.

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The leaders of America’s chip giants cheered the president’s artificial intelligence orders, which could help boost the domestic semiconductor industry.

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The Davos founder rejected preliminary findings of misconduct, including improper travel expenses and gifts.

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CME Group’s second-quarter earnings and revenue rose sharply as the derivatives-exchange operator benefited from a surge in trading activity due to market volatility.

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The Italian bank lifted earnings and shareholder-distributions guidance after reporting better-than-expected profit, looking to turn the page on its aborted takeover bid for its smaller peer.

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The Wall Street firm is being investigated over whether it properly vetted its clients for money-laundering risks.

Morgan Stanley’s Screening of Wealth-Management Clients Draws More Scrutiny

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U.S. stock futures pointed to a flat open after a mixed session on Wall Street Monday, while international equity markets were also mixed so far Tuesday as earnings season sweeps into full gear.

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Julius Baer Profit Falls on Higher Loan Provisions, Brazil Unit Sale

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The biopharmaceutical company said the investment includes plans for a new manufacturing center focused on chronic diseases.

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