Securities

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Chicago to Pitch $800 Million Bond Sale Amid March Muni Slump

Chicago is set to test the municipal bond market as war in the Middle East upends global markets.

By Shruti Date Singh

Argentine Bondholders Get Fraction of $35 Million Suit Revived

Several Argentine investors can resume claims against their government to recover $5.5 million out of nearly $36 million in principal they allegedly lost on defaulted bonds, the Second Circuit ruled Monday.

Edison Beats Investor Suit Over LA Wildfire Mitigation Steps

Edison International defeated investor allegations over statements about an electricity-shutoff program for wildfire mitigation before the Eaton Fire that devastated the area north of Los Angeles last year.

Silver Lake Buyout Judge Rejects Request for Document Mediator

Carl Icahn, a Swedish bank, and hedge funds targeting Endeavor Group Holdings Inc.'s $25 billion buyout lost their collective bid for a mediator to resolve document disputes with Silver Lake LLC that they had called unnecessarily heated.

Deutsche Bank Is Said to Raise Its Bonus Pool by More Than 5%

Deutsche Bank AG is planning to raise its bonus pool for last year by more than 5%, less than some of its Wall Street peers, according to people familiar with the matter.

Klarna’s Post-IPO Lockup Period Expires for Early Investors

Some 335 million Klarna Group Plc shares became eligible for trading Monday after the company’s post-IPO lockup period expired, even as the fintech’s lack of near-term profitability continued to put the spotlight on the plunge in its valuation.

Dechert Rehires Sacks as Dubai Managing Partner for Finance

Phillip Sacks rejoined Dechert as managing partner of its Dubai office, the firm announced March 6.

Kalshi, Polymarket Take On Stock Options With S&P 500 Bets

The classic way to bet on the direction of the S&P 500 Index is in the options market, buying puts or calls tied to a preset price.

Netflix Goes From M&A Loser to Market Winner Without Warner Deal

Netflix Inc.’s stock price is staging a dramatic reversal triggered by management’s decision to walk away from its proposed acquisition of Warner Bros. Discovery Inc. late last month.