The Blowup That Exposed How America's Banks Are Entangled in Private Credit
The Western Alliance vs. Jefferies fight exposes risks to bank backing for private credit.
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BNP Paribas Targets Asset-Management Growth Under 2030 Plan
The bank aims for a near doubling in pretax income from its asset management unit by 2030 under a new plan that builds on its acquisition of AXA Investment Managers.
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Finance Bros to Tech Bros: Don't Mess With My Bloomberg Terminal
Some spend more time with the Bloomberg terminal than they do with their spouse. So when techies declared it 'cooked,' it was war.
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Nordea to Book $219 Million Restructuring Costs, Plans Job Cuts
First-quarter costs come as the Helsinki-based bank launched a new strategy late last year aiming to use technology, data and artificial intelligence to become more profitable.
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JPMorgan Is Considering New Prediction Market Guidance for Employees
The world's largest bank is trying to get a handle on the fast-growing world of prediction markets, where regulation is still taking shape.
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UniCredit Launches Fresh $28 Billion Bid for Rest of Commerzbank
The offer is the latest twist in a long-running campaign by the Italian bank to take over the German lender.
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Iran War Puts Venture Fund's Public Listing on Hold
Fundrise Innovation Fund is waiting for market volatility to die down before going public.
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Bank of America Agrees to Settle Lawsuit Over Jeffrey Epstein Ties, U.S. Court Says
The lawsuit alleged the bank maintained a relationship with Jeffrey Epstein and failed to report suspicious activities until after the convicted sex offender's death.
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Inside a $42 Billion Private-Credit Black Box: More Black Boxes
The Cliffwater Corporate Lending Fund's opacity helps explain why it is facing redemptions.
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Midmarket Private-Equity Dealmakers See Opportunity in Volatile Times
And they had nearly $600 billion in dry powder to invest as of last June, according to PitchBook.
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Orion Raises $2.2 Billion for Bets on Mining Critical Minerals
The private-equity firm's new pool is among the largest funds ever collected to invest in the extraction industry.
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Trading in Metals Contracts on London Metal Exchange Restarted
Trading in all contracts on the London Metal Exchange has resumed after being halted earlier in the day Monday, with the stoppage preventing traders from placing or matching electronic orders in metals ranging from copper to aluminum.
(END) Dow Jones Newswires
March 17, 2026 07:00 ET (11:00 GMT)
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