KKR recut terms with big backers to hand rich investors larger share of deals
Flood of money into evergreen vehicles has meant 7.5% share carved out in fund terms no longer sufficient
Economic_News
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Big companies tell investment banks to stop leaking their UK takeover deals
Clients asking banks to review number of staff that have to be informed about live transactions
Binance teams up with BBVA to let customers keep assets off exchange
Spanish bank acting as independent custodian for clients of world’s biggest crypto exchange
Why struggling companies are loading up on bitcoin
Biotechs, miners and hoteliers are snapping up crypto to boost their share prices, but experts warn of a crisis if markets crash
China’s star tech companies rush to list in Hong Kong
The territory has made a series of reforms that have helped fuel an IPO boom
Trump’s tariff threats hit Indian rupee
Also in this newsletter: AI changes the plot in Indian cinema, and devastating flash floods in Uttarakhand