Tag:

Capital Management

Snap cuts 16% of workforce as AI adoption drives cost reductions

The tech firm behind social network Snapchat cut 1,000 jobs on Wednesday, saying AI is boosting efficiency as it strives to be profitable.

16 Apr 2026-09:47
Goldman Sachs boosts ETF assets to $90B

Goldman Sachs has completed its $2 billion acquisition of Innovator Capital Management, significantly expanding its footprint in one of the fastest-growing areas of asset management — active exchange-traded funds (ETFs).

02 Apr 2026-15:10
CVC strikes $1.2B deal for US credit manager Marathon

CVC Capital Partners has agreed to acquire U.S.-based credit manager Marathon Asset Management, marking the latest move in ongoing consolidation across the alternative investment sector.

26 Jan 2026-14:04