Mubadala Capital, which manages $27 billion in assets, will take a 42% stake in Silver Rock Financial, which manages $10 billion in assets.
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The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.
Despite China’s overall economy coming down with a bad cold last year, its EV players are upstaging the world’s most valuable auto company.
With military conflict continuing across the globe, and the world’s superpowers locked in a stare-down, it’s not easy being a global business
Apple — admitting no wrongdoing — has agreed to settle a class-action lawsuit that alleged Siri recorded users’ private conversations.