08:54 AM EDT, 09/02/2025 (MT Newswires) -- White Mountains Insurance Group ( WTM ) said Tuesday that it has appointed Chief Financial Officer Liam Caffrey the company's chief executive officer as of Jan. 1. Caffrey, who will also become a member of its board of directors, will succeed Chief Executive Manning Rountree, who is retiring at the end of the...

08:51 AM EDT, 09/02/2025 (MT Newswires) -- US regulators have postponed, scaled back or cancelled certain bank exams and the use of confidential disciplinary notices, reducing the focus on non-core banking issues like reputational risk, climate change risks, diversity and inclusion, Reuters said Tuesday, citing industry executives. The Office of the Comptroller of the Currency, the Federal Reserve, and the...

08:51 AM EDT, 09/02/2025 (MT Newswires) -- PepsiCo ( PEP ) was urged by activist investor Elliott Investment Management in an open letter Tuesday to revamp both its beverages and foods businesses to bolster its share price. Elliot, which has amassed a $4 billion stake in the company, said in an open letter accompanying a presentation to PepsiCo's ( PEP...

08:51 AM EDT, 09/02/2025 (MT Newswires) -- Blackstone's (BX) funds business Strategic Partners said Tuesday it closed $5.5 billion for its infrastructure secondaries fund. The company said the fund will target opportunities across the growing infrastructure secondaries market. Shares of Blackstone were down more than 2% in recent Tuesday premarket activity. ...