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"Everything's on the table," an executive at JPMorgan Chase said, as the industry seeks to head off President Trump's effort to cap interest rates.
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Secondaries-focused private equity heavyweight Coller Capital has raised $17bn across its latest fundraising cycle through the final close of Fund IX, it's biggest fund to date.
The post Coller Capital scores $17bn across latest fundraising cycle with hard cap close of biggest flagship fund yet appeared first on AltAssets Private Equity News.
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Bain Capital today has brought its recent real estate fundraising activity to more than $5bn through the final close of its third main fund specialising in the sector.
The post Bain Capital collects $3.4bn for third dedicated real estate vehicle appeared first on AltAssets Private Equity News.
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Venture capital investment giant Andreesen Horowitz has raised more than $15bn of new capital across a string of investment funds - representing over 18% of all VC dollars allocated in the US last year, according to firm co-founder Ben Horowitz.
The post Andreessen Horowitz hauls in more than $15bn of new fund capital appeared first on AltAssets Private Equity News.
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Rosberg Ventures, the VC firm launched by former F1 racing driver Nico Rosberg, has sealed $100m for the final close of its third fund.
The post Formula One World Championship winner Nico Rosberg's venture capital firm closes $100m Fund III appeared first on AltAssets Private Equity News.
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Wall Street executives warn Trump: Stop attacking the Fed and credit card industry AP NewsThe biggest hurdle to Trump's credit card proposals? His own party. PoliticoBanks warn consumers will be hurt by Trump's 10% cap on credit card interest rates ReutersJPMorgan Chase says banks could fight Trump credit card rate cap: 'Everything's on the table' CNBC
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Google Momentum Continues Amid Apple Deal As Software Stocks Hammered Investor's Business DailySergey Brin Becomes World's No. 3 Richest—Overtakes Jeff Bezos, Larry Ellison After Alphabet Hits $4 Trillion ForbesGoogle passes historic $4 trillion threshold MashableAlphabet hits $4 trillion market capitalization CNBC
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Banks say a proposed 10% cap on credit card interest rates would result in fewer credit card accounts for Americans and a hit to the U.S. economy.
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