Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer
A pedestrian pushes a baby stroller past a red Vespa scooter outside a Banca Monte Dei Paschi Di Siena SpA...
Banks
Morgan Stanley will soon open its trillion-dollar wealth management funnel to AI agents
Morgan Stanley's office in Canary Wharf financial district on Jan. 30, 2025 in London, UK.Mike Kemp | In Pictures |...
Goldman Sachs CEO David Solomon says markets are in 'greed' mode as AI companies seek billions
Goldman Sachs CEO David Solomon said Tuesday that investors have shifted decisively into "greed" mode as markets are poised to...
'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT
Matthias Balk | Picture Alliance | Getty ImagesFive years ago, venture capitalists were pouring money into American startups selling everything...
Former Barclays CEO Jes Staley agrees to July 23 interview about Jeffrey Epstein by Oversight panel
Former CEO of Barclays, Jes Staley, arrives at the High Court in London, United Kingdom, on March 14, 2025. Staley...
Jamie Dimon says JPMorgan Chase could spend $20 billion on acquisition: 'We are on the lookout'
JPMorgan Chase CEO Jamie Dimon said Wednesday that his bank could spend up to $20 billion on an acquisition in...
Trump says Iran deal reopening Strait of Hormuz 'largely negotiated,' will be announced soon
A ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Negotiations between the...
Japan’s megabanks post record profits, but analysts warn growth may slow as risks mount
The yen gained on Wednesday following a rally in Japan's equities and bets on more fiscally responsible policies after Prime...
Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months
Immad Akhund, CEO and co-founder of the startup Mercury.Courtesy: Mercury TechnologiesMercury, a fintech firm that provides banking services to startups,...
Trump invites Elon Musk, Tim Cook, Larry Fink and other CEOs to join China trip for Xi summit
U.S. President-elect Donald Trump greets Elon Musk as he arrives to attend a viewing of the launch of the sixth...
JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount
The JPMorgan Chase & Co. building before the ribbon cutting ceremony, at the firm's new headquarters at 270 Park Avenue,...
Anthropic's Mythos set off a cybersecurity 'hysteria.' Experts say the threat was already here
Global banks, tech giants and governments were sent scrambling last month to contain the risks posed by Mythos, the Anthropic...
Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths
BEIJING — The Iran war is likely to take center stage in the summit between President Donald Trump and China's...
Asian Development Bank's $70 billion energy and digital infra push puts Southeast Asia center stage
A solar power plant in Vietnam's Tay Ninh Province. Singapore's central bank is backing bio-energy and solar projects in Southeast...
Apollo CEO Rowan warns of market correction, slams 'egregious' practices at rival insurers
Marc Rowan, chief executive officer of Apollo Global Management LLC, speaks during an interview on an episode of Bloomberg Wealth...
Anthropic CEO warns of cyber ‘moment of danger’ as AI exposes thousands of vulnerabilities
Dario Amodei, CEO and co-founder of Anthropic, left, and Jamie Dimon, CEO of JPMorgan Chase.Denis Balibouse | Reuters | Samuel...
UniCredit CEO says taking control of Commerzbank ‘not the expected scenario’
Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty ImagesUniCredit...
HSBC first-quarter pre-tax profit misses estimates on wider-than-expected credit losses
Europe's largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts' estimates on the back...
Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms
Anthropic CEO Dario Amodei looks on after a meeting with French President Emmanuel Macron during the AI Impact Summit in...
Blue Owl shares surge after private credit firm cites 10X gains from SpaceX
Shares of Blue Owl, the private credit firm at the center of recent jitters over exposure to software companies, jumped...
