Jan-Henrik Foerster

The rationale for mergers and acquisitions among European banks is rising even in the face of hurdles to cross-border tie ups, according to one of the region’s top financials deal-makers.

Professional services, including law firms, accountancies and consulting firms, are likely to be the next sector to face disruption from artificial intelligence, according to Apollo Global Management Inc.’s co-president, Scott Kleinman.

A “constipated” private equity industry must compromise on price to shift assets built up in the boom era, and some buyout houses could disappear altogether, senior executives say.

Urs Wietlisbach, one of the three billionaire founders at Swiss private equity firm Partners Group Holding AG, is carving out an independent unit within the family office that’s managed their fortunes for over a decade, in an early sign of the executive’s succession planning.

Swiss voters opted to play it safe on Sunday, rejecting an unprecedented proposal to cap the country’s population at 10 million people as economic risks overcame elevated concerns about immigration.

Die Schweizer Stimmbürger haben sich am Sonntag für den sicheren Weg entschieden und einen beispiellosen Vorstoß zur Begrenzung der Bevölkerung auf 10 Millionen Menschen abgelehnt. Wirtschaftliche Risiken überwogen dabei die weiterhin hohen Sorgen über die Zuwanderung.

Partners Group Holdings AG is considering paring back its offering of private equity investments to wealthy clients, while broadly keeping its investment approach unchanged even after a bruising stock selloff this month.

Frankfurter Leben, the life insurance consolidator controlled by China’s Fosun International Ltd., is preparing to bid for Athora Holding Ltd.’s German unit, people with knowledge of the process said.

Partners Group Holding AG raised more than $15 billion of new commitments for its direct infrastructure strategy, a win for the Swiss firm as it’s grappled with heightened redemption requests across some funds in recent months.

Zurich Insurance Group AG let go of more than 12 employees amid enforcement proceedings by the Swiss regulator Finma, Chief Executive Officer Mario Greco said.