US heavyweights clash on buyout peak

Two of the most respected figures in the US financial markets have voiced contrasting opinions on the future of the private equity market amid fears that the buyout boom has peaked.

Lloyd Blankfein, chairman and chief executive of Goldman Sachs, said the private equity boom had not peaked but his words were contradicted by billionaire financier Carl Icahn.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions