Valmet Q2 2026 slides: strategic review eyes business split

A federal judge has closed Bayview Asset Management’s massive data breach lawsuit, including OKing a big award for the plaintiffs’ attorneys.  Processing Content U.S. District Judge Darrin P. Gayles issued a final judgement in the case last Friday, ending a saga that began with a hack at Bayview’s servicing subsidiaries in late 2021. Bayview agreed…

Key insight: Trump promises to not sign the bill, but has not said whether he plans to veto it or not.  Forward look: The bill becomes law at midnight without Trump’s signature or veto.  What’s at stake: A number of community bank favored riders are in the bill, including two brokered deposit bills.  WASHINGTON —…

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Changes to the ownership structure of Purplebricks parent company Strike have emerged following Companies House filings, alongside overdue annual accounts for both entities. Charles Dunstone, the billionaire founder of Carphone Warehouse, is no longer listed personally as a person of significant control at Strike, according to documents filed yesterday. Instead, his investment vehicle Freston Ventures…

California is suing five cities for repeatedly failing to plan for their share of housing, Gov. Gavin Newsom announced. KTLA reported that Attorney General Rob Bonta and the California Department of Housing and Community Development (HCD) filed lawsuits against Calexico, Costa Mesa, Half Moon Bay, Ridgecrest, and Turlock. The suits accuse each city of violating…

“Prior to 2022, that great repricing, we lived in a world where risk free rates were very low credit spreads were very high. In that world you want to invest in corporate bonds and, and not in government bonds,” Johnson says. “Fast forward to today we have the exact opposite. We have high risk-free rates…