NCR Corp. purchased a group annuity contract from Principal Life Insurance that will transfer about $190 million in pension obligations.
MSCI announced it will temporarily block new companies with unequal voting structures from two of its indexes.
A proposed tax on some wealthy college endowments "has no clear policy objective other than raising revenue," according to Cornell University.
Ares Management reported $105.6 billion in assets as of Sept. 30, a 1.5% increase from the end of the prior quarter and up 8.5% from a year earlier.
Many private capital firms expanded their headcount and increased employees' salaries in 2017 with plans to continue these actions in 2018.
The House Ways and Means Committee said Friday it plans to act on the Republicans' ambitious tax reform legislative proposal on Monday.
Westpac Banking Corp. agreed to sell infrastructure boutique Hastings to Northill Capital.
Leo Guo joins UBS O'Connor to start new global long/short China-focused fund.
Mark Hyde Harrison was named interim CEO at London Collective Investment Vehicle.