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PE HUB First Read

Ford is replacing its chief executive, Mark Fields.

Saudi Arabia has pledged $20 billion to Blackstone’s new infrastructure fund.

Barclays will hire 100 new staff in its private bank.

Melania Trump praised women’s empowerment in Saudi Arabia.

SoftBank Group Corp. has closed the first round of a planned $100 billion investment fund.

Goldman Sachs’ Jim Donovan pulls out as nominee for U.S. Treasury Deputy Secretary.

JBS executive says he illegally paid millions to Brazilian leaders.

Salesforce marches steadily toward a $10 billion revenue run rate.

On Hillary Clinton, Joe Biden says, “I never thought she was a great candidate.”

Zomato agrees to hacker’s demand: It will launch bug bounty program in exchange for stolen data deletion.



Photo: Salesforce CEO Marc Benioff speaks during the Dreamforce event in San Francisco, California September 19, 2012. Reuters/Robert Galbraith