NEW YORK / WAM Fortress Investment Group (Fortress) and Mubadala Investment Company, through its wholly owned asset management subsidiary Mubadala Capital (Mubadala Capital), on Monday announced that they have entered into definitive agreements to acquire 90.01 percent of the equity of Fortress that is currently held by SoftBank Group Corp, who have been the owners of Fortress since 2017. Terms …

KUALA LUMPUR / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met Anwar Ibrahim, Prime Minister of Malaysia, in Kuala Lumpur, to discuss opportunities to further strengthen the close friendship and cooperation between the UAE and the Malaysia to benefit both countries and their people. The meeting took place during a welcome …

BLOOMBERG  JPMorgan Chase & Co boosted its outlook for the boon from higher interest rates after its purchase of First Republic Bank. The biggest US bank raised its guidance for net interest income this year to $84 billion, excluding its trading business, up from a previous forecast of $81 billion, according to an Investor Day presentation on its website. The …