Private Credit is Poised for a Multi-Trillion-Dollar Boom, But It Could Get Ugly Soon
First came the debt specialists and the private equity firms. Then, hedge funds and wealth managers saw an
2023-06-05 13:58
US May Impose Higher Capital Requirements on Big Banks, WSJ Says
Large lenders in the US may face a 20% increase in capital requirements in the aftermath of a
2023-06-05 13:24
Prelude to Fed Features Two Global Rate Cliffhangers: Eco Week
With the Federal Reserve approaching a possible pause in interest rate-hiking, two close-call decisions elsewhere in the world
2023-06-04 04:52
Biden Plans to Tap Mandy Cohen for CDC Director, Replacing Walensky
President Joe Biden intends to nominate Mandy Cohen, North Carolina’s former health secretary who led the state’s response
2023-06-02 06:25
RenTech’s Jim Simons Donates a Record $500 Million to Stony Brook
Renaissance Technologies founder Jim Simons and his wife Marilyn are giving $500 million to Stony Brook University, the
2023-06-02 00:21
Bain’s Steve Pagliuca Tries Mixed Martial Arts as Investor Interest Grows
As mixed martial arts continue to attract interest from investors, some of them are even trying it out.
2023-06-01 21:58
Biggest Crypto Stablecoin Recovers All Value Lost in 2022 Crash
Tether Holdings Ltd.’s stablecoin has recovered all of the roughly $20 billion in market value it lost following
2023-06-01 15:47
Sri Lanka Cuts Rate First Time in 3 Years as Inflation Cools
Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central
2023-06-01 11:27
Chinese EV Maker Hozon Weighs June Filing for $1 Billion Hong Kong IPO, Sources Say
Hozon New Energy Automobile Co., a company making affordable electric vehicles in China, is considering filing for its
2023-06-01 11:20
Hong Kong’s Crypto Ambitions Get a Guarded Reception From Digital-Asset Companies
Hong Kong kicked off a new crypto regulatory regime in a bid to nurture a digital-asset hub, a
2023-06-01 09:19
Fintech Brex’s Revenue Surges After Regional Bank Turmoil
Brex, a credit-card startup, has seen a surge in usage of its products following this year’s regional banking
2023-06-01 08:52
HKEX Looks to Move Away From Fax Machines By Automating ETF Platform
Hong Kong’s stock exchange is looking to automate its handling of exchange-traded products in a bid to streamline
2023-05-31 13:15