Dow Jones Top Financial Services Headlines at 12 AM ET: Bain Capital to Acquire Australian Wealth Manager | Top ...
MorningStar·- Bain Capital is set to acquire an Australian wealth-management business from Perpetual for over US$349 million. - Concerns are rising regarding the stability of private-credit lenders amidst climbing bond yields, impacting the financial services sector. - Deutsche Bank indicates its private-credit exposure has increased to $30 billion, while an exodus of investors from private-credit funds raises alarms on Wall Street.