KKR, the global private equity firm, has appointed Merrill Lynch as an adviser on raising its latest mega fund.

KKR is thought to aim for a $10bn (€11.8bn) mega fund, which would be the largest private equity fund ever raised.

KKR recruits Merrill to assist in fund raising

Annemarie Quill

‘I’m riddled with anxiety about it’: Working dads face tough choices about paternity leave

Accenture backs AI boom with new management structure

The government fired the CMA’s chair. Then it deleted the messages

Fiera Capital managing partner Catherine O’Reilly exits

https://images.fnlondon.com/im-12269829?size=1.5

The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

Who is JPMorgan’s new UK private banking boss?

https://images.fnlondon.com/im-46763652?size=0.7

Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Ex-Bank of America trader joins Sumo as head of systematic fixed income trading

https://images.fnlondon.com/im-29422209?size=1

Jugakalpa Das’ six-member pod will start trading for Sumo in July

Israel’s attack on Iran gave the greenback a boost after a long stretch of trouble. But the long-run prospects for the dollar don’t look good.

The shipments have propelled Ireland, a country of only 5.4 million people, to the second-largest goods-trade imbalance with the U.S., trailing only China.

How Weight-Loss Drugs Blew Out the U.S. Trade Deficit

The satellite operator said the capital increase would support its strategy, driven by strong market momentum in the Low Earth Orbit-enabled connectivity market.

Eutelsat Shares Jump on Potential $1.55 Billion Capital Increase

The uptick was likely fuelled by easing price inflation and a cut to interest rates in May.

U.K. Consumer Sentiment Edges Up Again Despite Global Turbulence

The unprecedented pace of change brought by AI is forcing the software maker to reinvent itself, said Salesforce’s chief futures officer.

Salesforce Not Taking Survival for Granted in AI Era, Top Strategist Says

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Financial News

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