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Big banks are allocating more to private credit
NEWS INDUSTRY NEWS MAY 31, 2024
Big banks are allocating more to private credit

Goldman, Citi, Wells Fargo among those increasing allocations.

Trump guilty on all counts, finds jury at hush-money trial
NEWS INDUSTRY NEWS MAY 30, 2024
Trump guilty on all counts, finds jury at hush-money trial

The former US president faces up to four years in prison, creating a challenging path for his reelection campaign.

Apollo plots private credit push with expansion to ETFs
INVESTING ALTERNATIVES MAY 30, 2024
Apollo plots private credit push with expansion to ETFs

The private asset giant is eyeing retail channels to expand its asset origination business, according to the CEO.

Morgan Stanley helped Musk conceal Twitter stock buying, suit says
NEWS INDUSTRY NEWS MAY 30, 2024
Morgan Stanley helped Musk conceal Twitter stock buying, suit says

Oklahoma pension fund alleges the "secret" scheme to consolidate ownership stakes led to almost $1.5M in commissions.

Record-breaking summer heat set to spark commodities volatility
NEWS INDUSTRY NEWS MAY 30, 2024
Record-breaking summer heat set to spark commodities volatility

From natural gas to soy, prices are already rising globally.

UBS appoints new US business leader, joint head of wealth
NEWS INDUSTRY NEWS MAY 30, 2024
UBS appoints new US business leader, joint head of wealth

Management shakeup sets up CEO succession plan.

Are US banks too exposed to CRE when REITs are considered?
NEWS INDUSTRY NEWS MAY 30, 2024
Are US banks too exposed to CRE when REITs are considered?

Study suggests regulators may not appreciate the risk.

Nvidia bulls run wild as leveraged ETFs amp up trading frenzy
INVESTING ETFS MAY 29, 2024
Nvidia bulls run wild as leveraged ETFs amp up trading frenzy

Bears get crushed as GraniteShares fund lodges record trading volume.

Goldman builds $21B war chest for biggest-ever private credit pool
INVESTING ALTERNATIVES MAY 29, 2024
Goldman builds $21B war chest for biggest-ever private credit pool

The banking giant is flaunting its muscle in the buzzy alts sector with the fifth iteration of a fund series launched in 2008.

Stocks, bonds decline as US Treasuries fall overnight
NEWS INDUSTRY NEWS MAY 29, 2024
Stocks, bonds decline as US Treasuries fall overnight

Fed comments and inflation data weigh on markets.