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AFX webinar panelists including Barbara Novick and Richard Sandor discussed the transition away from the long-used benchmark.

The addressable market for private company secondary transactions is up to $1.5bn.

From The Markets

Banks Invest in Vestwell

The fintech aims to reshape workplace savings and investing.

The bank agreed to a civil penalty of $8m.

Software and AI can automate some of the most mundane work for a financial analyst.

Abel Noser will provide global multi-asset TCA to the bank’s Securities Services clients.

The two banks will coordinate across corporate and investment banking.

Investigation phase will last 24 months.

New service model is for institutional investors in the Middle East and North Africa.

Citi Self Invest is a digital offering for clients to make investments in equities and ETFs.