Citadel Buys Situational Awareness's Stock Portfolio After Big Losses in AI
The highflying hedge fund run by Leopold Aschenbrenner is in crisis mode after AI-related bets sank.
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Mastercard Sales Rise on Payment Network Growth
Mastercard's sales rose in the second quarter, driven by growth in its payment network.
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NYSE Owner to Buy MarketAxess in $6 Billion Deal
Intercontinental Exchange agreed to acquire MarketAxess, an electronic trading platform for fixed-income markets, for $6 billion.
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Banks in Talks to Lend $15 Billion for Anthropic Data Center Backed by Google
Google's guarantees of power and lease obligations would help the developer secure financing for the 1.6-gigawatt Texas project.
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KKR's Asset Sales Defy Private-Equity Exit Slowdown
The New York investment firm recorded its best-ever quarterly sales despite an ongoing slump in the private-equity sector.
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ING's Defense Loan Book Could Double in Next Couple of Years, CEO Says
The comments came after the bank earlier on Thursday raised its top-line and profitability guidance for this year and next.
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BOE on Alert for Signs of Persistent Inflation as It Holds Rates
The U.K. central bank may yet raise interest rates if the Strait of Hormuz remains closed.
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The Problem With Warsh's Deference to Markets
The Fed chairman's analogy of calling balls and strikes doesn't work. The central bank isn't the umpire, it is the most important player in the game.
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BBVA Raises Profitability Outlook, Plans $2.3 Billion Buyback
The Spanish bank said that it now expects a return on tangible equity of around 21% this year, up from more than 20% previously.
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Societe Generale Beats Market Expectations
The bank also raised its outlook for 2026 and plans to launch a share buyback of 1.5 billion euros on Aug 3 at the earliest.
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Mortgage Rates Jump to a One-Year High
Four straight weeks of rising mortgage rates pushed the 30-year borrowing rate this week to 6.66%.
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PE Firms Are Raising Record Sums in Asia. EQT Group's Chair Explains Why.
The U.S. will remain a core market for most investors but the market has become so concentrated and correlated with the technology sector that it is pushing institutional capital toward more balanced portfolios.
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Financial Services Roundup: Market Talk
Find insight on ING Groep, BBVA and more in the latest Market Talks covering financial services.