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Reuters | Equities.com |

Bain Capital is looking at formulating a bid to acquire Toshiba Corp, two people familiar with the matter said, making it one of several firms said to be interested in taking the Japanese conglomerate private.

The U.S. firm has entered into discussions with Japanese banks including the core units of Mizuho Financial Group Inc and Sumitomo Mitsui Financial Group Inc to secure funding, one of the people said.


Reuters | Equities.com |

(Reuters) - Apollo Global Management Inc co-founder Leon Black has left his executive positions at the private equity firm, a surprise move that caps a series of corporate governance changes triggered by a review of his ties to late financier and convicted sex offender Jeffrey Epstein.

Black, who co-founded Apollo 31 years ago, stepped down as the company’s chairman, with Jay Clayton, former U.S. Securities and Exchange Commission chief, taking over as non-executive chairman, according to a statement on Monday.


Reuters | Equities.com |

Inflows into cryptocurrency funds and products have already hit a record $4.2 billion for the first quarter, reflecting growing institutional investor interest, CoinShares data showed.

The previous high for crypto inflows was $3.9 billion in the fourth quarter of last year, driving total inflows for 2020 to $6.7 billion, the asset manager’s data shows.

Bitcoin, the world’s largest cryptocurrency...