Cinven, the European buy-out firm, has beefed up its presence in Continental Europe with the hire of two investment executives for its Frankfurt and Paris office.

The large buy-out specialist has appointed Thierry Célestin as an investment executive in Paris. Célestin was previously in the UK corporate finance division at Lazard, where he focused on the media sector.

William Hutchings

Candover

Goldman Sachs

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Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

PNC Names Former BlackRock Star Mark Wiedman as President

The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

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The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

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The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

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The prospect of a radical escalation in the global trade war in the coming days has nearly doubled the probability of a recession in the U.S. economy in the next 12 months to around 35%, according to Goldman Sachs.

Goldman Sachs Lifts U.S. Recession Probability to 35%

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Cinven hires two for Frankfurt and Paris

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