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Thursday Headlines: Big law firms mull stake sales to private equity
By Matt Stichnoth,
Financial Times: Biggest US law firms explore selling stakes to private equity
Bloomberg: JPMorgan CEO Dimon Says Leverage in Market Is ‘Pretty High’
CNBC.com: As Warsh and the Fed contemplate fewer meetings, markets brace for potential volatility ahead
Financial Times: Ares scales back blockbuster private credit vehicle after valuation pushback
Wall Street Journal: Trump Has Called Warsh Repeatedly Since He Became Fed Chair
New York Times: Bessent Declares Widening Gap Between Rich and Poor ‘Dead’
Bloomberg: McKinsey and Consulting Rivals Bet on Experts to Ride AI Wave
New York Post: Bloodbath at Visa as top execs making mega bucks get canned from California offices
Bloomberg: Mark Walter Loans That Involved Chicago Firm Are Probed by US
Wall Street Journal: ‘Perps’ Are the Risky New Derivatives That Could Amplify Stock Blowups
New York Times: Why So Many C.E.O.s Are Getting a Chief of Staff
New York Post: Ken Griffin to stick with Park Ave. skyscraper plans despite Mamdani’s personal attack, anti-business policies
Bloomberg: Wall Street’s Tokenization Boom Sparks Debate Over Risks
Wall Street Journal: Prosecutors Probed Whistleblower Claims That JPMorgan Mishandled Fraud Cases
Financial Times: US public pension funds and business groups clash on SEC climate risk disclosure shift
Yahoo Finance: Fed governor Lisa Cook: ‘I am prepared to act’ on interest rates if inflation remains elevated