Morgan Stanley (MS.N) announced plans to acquire EquityZen, a leading platform for trading private company shares, as Wall Street accelerates efforts to meet rising investor demand for access to pre-IPO and high-growth startups. The deal enables Morgan Stanley to strengthen its position in private markets by connecting its 20 million clients to exclusive opportunities and...
India’s Solex Energy to Invest $1.5 Billion in Solar Manufacturing, Targeting U.S. Exports
Solex Energy (SOEX.NS), one of India’s leading solar module manufacturers, will invest $1.5 billion over the next five years to expand its production capacity and strengthen exports to the United States, Managing Director Chetan Shah told Reuters. Currently operating a 4 GW module facility in Gujarat, Solex plans to scale up to 10 GW of...
KKR-Backed Vertis Infrastructure Trust Prepares $568 Million India IPO
Vertis Infrastructure Trust, backed by global investment firm KKR, has appointed Axis Capital and two additional investment banks to manage its planned IPO of up to $568 million, according to investment banking sources. The company aims to seek regulatory approval before December, positioning itself amid India’s record-breaking equity market momentum.So far in 2025, Indian companies...
Amundi Reports €17.6 Billion in Q3 Net Inflows, Driven by Strong ETF Demand
Amundi (AMUN.PA), Europe’s largest asset manager, recorded stronger-than-expected inflows in Q3 2025, fueled by growing investor appetite for exchange-traded funds (ETFs) and robust performance from its Asian joint ventures. The firm reported €15.1 billion ($17.6 billion) in net new money, surpassing analyst forecasts of €14.4 billion. Combined with rising market valuations, assets under management hit...
BNP Paribas Faces Profit Pressure Amid Rising Bad Loans and Client Caution
BNP Paribas (BNPP.PA) missed third-quarter profit expectations as rising provisions for bad loans and a cautious stance among major corporate clients weighed on its results — despite a modest gain in investment banking revenues. The eurozone’s largest lender by assets reported a net profit of €3.04 billion, up 6.1% year-on-year but slightly below the €3.09...
Executives Caution on “Froth” in Private Lending to Large Companies
At the Future Investment Initiative (FII) conference in Riyadh, top executives from the private credit industry downplayed fears of a full-blown bubble — but warned of loosening lending standards in the market for loans to large corporations. “The risk is when you have too much leverage and not enough liquidity. I don’t see that right...
