Public Markets 3h Briefing
×Public Markets
Crypto markets investing.com remained stable as investors weighed inflation outlook and geopolitical risks, according to Nexo. Honeywell bloomberg.com is considering walking away from its acquisition of Johnson Matthey's Catalyst Technologies business, people familiar with the matter said.
Credit Markets
Riskiest CLO funds bloomberg.com are flashing warning signs as fear of rising defaults spreads from leveraged loans to retail funds, Credit Weekly reports. Investors are becoming choosier about taking on credit risk in the current environment.
Legal Industry Moves
Latham & Watkins ft.com poached two partners from rival Wachtell Lipton, marking rare defections for the New York-based firm in a hot market for top deals lawyers. Latham wsj.com has been advising Paramount Skydance on its hostile bid for Warner.
Unrelated News
An 11-year-old boy yahoo.com made his first court appearance after allegedly murdering his father over a Nintendo Switch dispute.