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Private equity firms leaned more heavily on continuation funds in 2025, selling portfolio companies from older vehicles into newer funds managed by the same sponsor at a record pace. Reported figures suggest roughly one-fifth of PE exits in 2025 used this structure, up from about 12%–13% in 2024. These deals typically bring in new investors (and sometimes allow existing LPs to roll their stakes) to purchase an asset from an older fund, creating liquidity without relying on a third-party buyer or an IPO...

Global M&A staged a strong rebound in 2025, with total deal value reaching about $4.8 trillion, marking the second-highest level on record. This represents a 36% rise from 2024, even though the number of deals grew by only 5%, showing that growth came mainly from larger transactions. Megadeals valued at more than $5 billion accounted for most of the increase in strategic deal value, with many led by companies that had not been frequent acquirers in the past...

Citigroup disclosed that it expects to record an approximately $1.1 billion after-tax loss tied to the planned sale of its remaining Russia business to Renaissance Capital, according to a regulatory filing. The bank plans to classify the remaining operations as held for sale in its fourth-quarter results and anticipates completing the sale of AO Citibank in the first half of 2026. Citi said the estimated loss is driven largely by currency-translation adjustments, and noted the figure could change with FX movements...

ReNew Energy Global has partnered with Google to develop a 150 megawatt (MW) solar project in Rajasthan, India, scheduled for 2026. The project is expected to generate 425,000 megawatt-hours of clean electricity each year, enough to supply over 360,000 households. Google said clean, affordable electricity is central to its growth ambitions, and the agreement is designed to bring new solar capacity onto the grid while supporting progress on value chain emissions...

S&P Global has announced that Matt Calderone will join the company as Chief Financial Officer of its Mobility business, effective March 1, 2026. Calderone will serve as CFO of the standalone public company through its planned separation from S&P Global, overseeing all aspects of the Finance function and reporting to Bill Eager, President of S&P Global Mobility and CEO-designate of the future independent company...

Marathon Petroleum Corporation, which operates the nation’s refining system and Marathon-branded retail network, has announced that Maria A. Khoury will join the company as Executive Vice President and Chief Financial Officer, succeeding John J. Quaid, who will remain during a transition period. Chairman-elect, President, and CEO Maryann Mannen stated that Maria brings 25 years of extensive financial operations experience and industry knowledge, including roles in oil and gas, and will be a valuable addition to the executive team as the company advances MPC's strategic goals...

Permira and Warburg Pincus have agreed to acquire Clearwater Analytics Holdings in a take-private transaction valued at approximately $8.4 billion, including debt. The deal will give Clearwater shareholders $24.55 per share in cash, a roughly 47% premium over its pre-speculation stock price. The transaction, approved by Clearwater’s Board, is expected to close in the first half of 2026, subject to shareholder and regulatory approvals...

Motive, a fleet management software company backed by Alphabet’s GV, has filed for an initial public offering on the New York Stock Exchange. The filing places Motive among a growing list of technology companies preparing for potential public listings in 2026. Founded in 2013 as Keep Truckin and rebranded in 2022, the San Francisco–based company provides software and hardware tools that help businesses manage commercial vehicles and drivers...

Artificial intelligence is reshaping how banks operate, but it is not triggering a widespread reduction in finance jobs. Despite highly visible layoffs over the past year, overall employment across major banking institutions has remained largely steady. Several large banks have even increased headcount, particularly in corporate and operational roles, signaling that AI is being used to improve efficiency and absorb workload growth rather than replace employees outright...

Bank of America has committed $250 million over five years to support families and individuals facing food insecurity and other basic needs across the United States. The funding is directed toward community-based organizations working on hunger relief and essential services, reinforcing efforts that focus on access to food, stability, and local support systems. As part of the commitment, $5 million was allocated for immediate assistance to nearly 100 nonprofit organizations responding to urgent food needs in communities nationwide...