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The UK’s Financial Reporting Council (FRC) has announced the successful signatories to the UK Stewardship Code following the latest round of applications.
(Bloomberg) Further mergers are likely in the booming private credit business because the low fees earned by lenders will push smaller firms to get bigger and reap economies of scale, according to Jonathan Lavine, co-managing partner of Bain Capital.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillStanChart Weighs Break Up of Corporate, Investment BankThe Brutal Reality of Plunging Office Values Is HereStocks, Bonds Reclaim Solid Ground After CPI Miss: Markets