KKR's third-quarter earnings dropped more than 60% as its private-equity portfolio didn't appreciate as much as in the year-earlier period, thus hurting its revenue.

Its economic net income--a figure that represents income from fees, gains on investments and investment income minus expenses--was at $317.3m for the third quarter, down from a pro forma $822.7m in the year-earlier period.

Earnings at the buyout giant drop as fee and investment incomes decreased and its compensation increased

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Evelyn Partners’ private equity backers target NatWest and RBC for potential sale

Deutsche Bank wants more UK private bankers

Deutsche Bank UK wealth boss on hiring spree: ‘We’re not looking to be a bums-on-seats-type buildout’

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https://images.fnlondon.com/im-43406752?size=1.5

Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

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KKR Q3 earnings down 60%

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