Friday Headlines: Bessent warns bank CEOs on Anthropic AI risk
Financial Times: Bessent called in US bank CEOs to discuss Anthropic model’s cyber risks Bloomberg: Bank Earnings Offer a Reset After Stocks’ Worst Quarter in Years…
Financial Times: Bessent called in US bank CEOs to discuss Anthropic model’s cyber risks Bloomberg: Bank Earnings Offer a Reset After Stocks’ Worst Quarter in Years…
Financial Times: Investors sought to pull $20bn from private credit funds in first quarter CNBC.com: Fed officials still foresee rate cut this year, despite war impacts,…
Financial Times: Hedge funds suffered worst losses since Covid in Iran war turmoil Wall Street Journal: Insurers’ $1 Trillion Buildup in Private Credit Is Leaving Regulators…
Bloomberg: Blackstone Hits $10 Billion Cap for Opportunistic Credit Fund Wall Street Journal: A Fire Sale Has U.S. Office Buildings Going for 90% Off New York…
CNBC.com: JPMorgan’s Dimon in annual letter cites risks in geopolitics, AI and private markets Bloomberg: Private Assets in 401(k)s Is Win for Wall Street But Not…
New York Times: SpaceX Files to Go Public, Setting Stage for Huge I.P.O. Bloomberg: Berkshire Hires Banks for Yen Bond Offering in Volatile Market Financial Times:…
Financial Times: Record number of megadeals agreed in first quarter of the year Wall Street Journal: What Banks Stand to Lose From the Private-Credit Mess Bloomberg:…
New York Post: Fed’s Powell says no need to hike interest rates now—officials should look past higher energy prices CNBC.com: Fed’s Miran still backs cuts, says…
Financial Times: Distressed-debt funds target private credit downturn as ‘greatest opportunity’ since 2008 Wall Street Journal: Private Credit’s Exposure to Ailing Software Industry Is Bigger Than…
CNBC.com: Private credit’s cracks open door for Wall Street banks’ comeback Bloomberg: Blue Owl Pitches Family Offices While Navigating Market Turmoil Wall Street Journal: The Private-Credit…