
Dow Jones Top Financial Services Headlines at 7 AM ET: U.S. Venture-Capital Fundraising Falls 35% as Firms Stay Private Longer | This ...

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U.S. venture-capital fundraising has dropped by 35% as firms opt to remain private longer. Notable developments include Luminate Medical raising $21 million for in-home cancer care, a positive outlook for bank stocks ahead of JPMorgan's earnings, and AIG's stock decline following the CEO's unexpected resignation. Berkshire Hathaway's new CEO Abel's salary is set at $25 million, and OneStream is going private through a $6.4 billion acquisition. Additionally, TPG has made a $12 billion deal with Jackson Financial, while Monroe Capital and Lindsay Goldberg have raised significant funds for private credit and buyouts, respectively.

