- WSJ
Why Dollar Tree Is Looking to Cut Its Losses With Family Dollar
Dollar Tree announced in June that it’s looking to sell or spin off Family Dollar, a brand it acquired in 2015 for roughly $9 billion. We break down why Family Dollar has struggled to increase sales for years. Photo: Associated Press
- Yahoo Finance
Wall Street is divided over the rise of private credit
The Wall Street debate about the rise of private credit is getting louder, with major figures from the biggest financial institutions disagreeing about risks and opportunities.
- Reuters
JPMorgan, Greek fintech, claim success in London court
Wall Street bank JP Morgan and Greek fintech boss Haris Karonis both claimed success on Thursday in a London court battle over how to value a joint business, paving the way for its potential sale. Karonis's WEREALIZE.COM (WRL), the majority owner of Athens-based Viva Wallet, has accused JP Morgan of trying to hamper the growth of the payments platform and both sides sued each other in London. But a London judge dismissed suggestions that JP Morgan had any incentive to depress Viva's value and set out how the business should be valued, a judgment published on Thursday showed.
