WASHINGTON, DC — Capital One should not be allowed to buy Discover, 22 advocacy groups said Tuesday in a letter to banking regulators and antitrust officials.
WASHINGTON, D.C. – The Consumer Financial Protection Bureau will prohibit excessive credit card late charges in a move that underscores its commitment to defend consumers from junk fees – and save them $10 billion in the process.
Washington, D.C. – The lawsuit to block the merger of Kroger and Albertson, marks a critical step in safeguarding workers, consumers, and competition in the grocery business. This merger between two of the country’s largest grocery chains is bad news for all stakeholders, particularly in light of Albertsons’ $3.7 billion payout to private equity firm Cerberus Capital Management shortly after the merger was announced in 2022.
WASHINGTON, D.C. – The proposed Capital One purchase of Discover Financial Services threatens to raise credit card prices for consumers and further constrain credit access for communities around the country. Banking regulators and antitrust authorities must closely scrutinize this megamerger for the anticompetitive and anticonsumer impacts that would certainly justify blocking this takeover.
Washington, D.C. – The Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission’s (CFTC) expansions to the information collected by private funds over Form PF and Form CPO will provide both the agencies and the Financial Stability Oversight Council (FSOC) with greater visibility and early warning signs into portions of the $21 trillion private fund industry.
Washington, D.C. – Private Equity Climate Risks is launching the Private Equity Energy Tracker, the first-of-its-kind, searchable portal that provides a catalog of the energy holdings of eight of the top North American private equity firms: KKR, The Carlyle Group (NGP), Brookfield (Oaktree Capital), The Blackstone Group, TPG Capital, Warburg Pincus, Apollo Global Management, and Ares Management. Collectively, they hold around $4.3 trillion in assets under management (AUM).