ICICI Prudential Asset Management Co., a joint venture between Prudential Plc and ICICI Bank, is preparing to file preliminary documents for an IPO with the Indian regulator. The offering, potentially valued at $1.2 billion and valuing the firm at $12 billion, could be one of India’s largest this year.
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh,