Veronis Suhler Stevenson, one of the unsuccessful private equity bidders in the 2004 battle for the UK's Daily Telegraph, is reported to be winding down its advisory business to focus exclusively on leveraged buyouts.

Veronis Sulher, a US buy-out firm which offers investment banking advice and runs a $1bn (€825m) media-focused private equity fund, plans to quit the advisory business in the next six months according to a report in today's New York Post, which did not cite sources.

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Billionaire John Caudwell: ‘I’ll still build London’s most expensive homes despite UK wealth exodus’

Citi shuts Málaga office it opened to battle banker burnout

A&O Shearman boss Hervé Ekué: ‘My godfather was accused in a failed coup… he inspired me to be a lawyer’

Citi veteran Selim Elgen joins JPMorgan’s private bank in Dubai

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Carl Radford’s White Elk Partners will have six people in the Australian city by the end of 2025

Banks including JPMorgan, Citi and UBS left the NZBA in the past year as they faced pressure from the Trump administration to ditch green pledges.

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The asset class has shifted to late-stage lending as companies remain private for longer.

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The insurance-and-investment company logged a higher profit in the first half of the year, beating consensus projections across its financial results.

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The first Black woman to serve as a Federal Reserve Board governor is at the center of an unprecedented power struggle pitting the independence of the bank against the authority of the president.

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The agreement settles claims that the lender facilitated $800 million of payments related to the looting of the Malaysian sovereign-wealth fund.

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The Dutch insurer and asset manager has focused on making the U.S. its primary market and a key pillar of its growth strategy in recent years.

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The president and his allies accuse Powell of dragging his feet on interest-rate cuts, in a caustic and unprecedented pressure campaign.

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Veronis Suhler to wind down advisory

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