Finance Updates – Page 18 – Finance Updates

JPMorgan to Acquire Apple Card Loan Portfolio from Goldman Sachs, $20B Deal

Americas M&A Depository Credit Intermediation

JPMorgan Chase has a deal to replace Goldman ...

The portfolio will be bought at a more than $...

JPMorgan expects a ~$2.2B Q4 2025 credit-loss...

The handover is expected to take about two ye...

Compass’s $10B Deal to Acquire Anywhere Approved Amid Antitrust, Integration Risks

Americas M&A Offices of Real Estate Agents and Brokers

Compass and Anywhere shareholders approved th...

The roughly $10B (incl. debt) deal exchanges ...

Antitrust review under Hart-Scott-Rodino expi...

Stockholder lawsuits over proxy disclosure ad...

JPMorgan Names Sri Kosaraju Global Chair of Healthcare Investment Banking amid Growth Push

Americas Firms Securities and Commodity Contracts Intermediation and Brokerage

JPMorgan named Sri Kosaraju Global Chair of I...

Kosaraju, a former JPMorgan healthcare banker...

He will report to Filippo Gori and John Simmo...

The hire extends JPMorgan’s recent investment...

IBH Bank’s 2025 Transformation: Upgrading Governance, Compliance & Core Tech

Americas Risk Securities and Commodity Contracts Intermediation and Brokerage

IBH Investment Bank is undertaking a 2025–202...

The program prioritizes tighter AML/KYC, stro...

Tech modernization includes core banking, cyb...

Management is being expanded and restructured...

Ferrero Acquires Nonni’s Bakery: A Private Equity Exit Strengthens U.S. Snack Game

Americas M&A Food Manufacturing

CTH Invest SA, a Ferrero-affiliated holding c...

Nonni’s employs about 350 people and runs fou...

Announced July 24, 2024, the deal strengthens...

Financial terms were not disclosed; the trans...

CCMP Growth Strengthens Investment Committee as New Leadership Powers Fund Deployment

Americas Firms Other Investment Pools and Funds

CCMP Growth named Managing Director Patrick M...

McGrath will join Co-Managing Partners Mark M...

The firm also promoted Chris Stevenson to Sen...

The moves strengthen leadership capacity as C...

KeyBanc Downgrades Cleveland-Cliffs: Valuation, Cost Pressures & Free Cash Flow Signals

Americas Markets Primary Metal Manufacturing

KeyBanc downgraded Cleveland-Cliffs to Sector...

The firm expects near-term free cash flow and...

KeyBanc forecasts hot-rolled coil at about $8...

Potential upside levers include non-core asse...

How U-Haul Will Balance Growth, Debt & Profitability at KeyBanc Self-Storage Forum

Americas Firms Lessors of Real Estate

U-Haul Holding Company will present at KeyBan...

Recent results show modest revenue growth led...

U-Haul is adding significant storage capacity...

Leverage and capital spending are increasing ...

KeyBanc Downgrades Cleveland-Cliffs on Valuation Concerns After 50% Rally

Americas Markets Primary Metal Manufacturing

KeyBanc downgraded Cleveland-Cliffs from Over...

The firm flagged rising unit costs, the end-2...

CLF traded around ~11× 2026 EV/EBITDA, sugges...

Shares fell about 5% to roughly $12.62, even ...

Financial Services in 2026: AI, Stablecoins & Credit Risk Shake Up Banking

Americas Forecast Depository Credit Intermediation

U.S. banks enter 2026 with solid capital and ...

Agentic and generative AI are a key lever for...

Payments are being disrupted by stablecoins a...

Credit risk is rising—especially in auto and ...