Asset management

Blackstone’s Wesley LePatner killed in Manhattan shooting

Blackstone’s Wesley LePatner killed in Manhattan shooting

Victor J. Blue/Bloomberg Blackstone Inc. executive Wesley LePatner, who ran the firm’s $53 billion real estate fund for wealthy individuals, was killed Monday in the shootings at the firm’s Manhattan headquarters. “Words cannot express the devastation we feel. Wesley was a beloved member of the Blackstone family and will be sorely missed,” the firm said […]

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Northern Trust shares jump on report of BNY merger interest

Northern Trust shares jump on report of BNY merger interest

Adobe Stock Shares of Northern Trust rose by more than 6% as of midday Monday after a news report that Bank of New York Mellon reached out to the asset servicing and investment management firm last week to discuss a potential acquisition. The CEOs of BNY and Northern Trust have had at least one discussion,

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