Breaking News: Investing
JPMorgan Chase taps Dwyane Wade, Tom Brady for new athlete wealth management push
Key Points JPMorgan Chase announced the Athlete Council, an initiative led by Dwyane Wade and featuring Tom Brady, Sue Bird, Alex Morgan and others, aimed at helping athletes manage money from college through retirement. About one in six NFL players declares bankruptcy within 12 years of retiring, JPMorgan said, underscoring the financial perils facing athletes. […]
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Bain Capital taps buyer interest for Bridge Data Centres, offering up to 70% stake, sources say
Bain Capital has started reaching out to potential buyers for its stake in Bridge Data Centers, according to two people familiar with the matter, as the private equity firm eyes exits amid rising demand for AI infrastructure. Citigroup and JPMorgan are running the sale process and have sent out preliminary marketing materials to investors to […]
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Orlando Bravo pushes back on private markets criticism: ‘Everybody’s extremely comfortable’
Key Points “We have been living in the details of the space for a very, very long time, not on a high level, not investing in stocks, [but] investing in companies, customer contracts, knowing the details. So, yes, as a sector specialist in private equity, our companies are very, very different,” Bravo said. His comments […]
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Mastercard says it’s acquiring stablecoin startup BVNK in $1.8 billion bet on future of payments
Key Points Mastercard said it agreed to acquire stablecoin infrastructure startup BVNK for up to $1.8 billion — including $300 million in performance-contingent payments — in its biggest crypto deal ever. The deal gives the payments giant the ability to connect traditional rails with blockchain-based systems supporting stablecoins and tokenized deposits. BVNK, founded in 2021 […]
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Dow bounces 400 points to start the week as oil prices fall back to below $95 a barrel: Live updates
Traders works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Angela Weiss | Afp | Getty Images Stocks rose on Monday, while oil prices pulled back as Wall Street tried to recover from another losing week, with investors monitoring the latest […]
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Apollo’s John Zito questions private equity’s software valuations: ‘All the marks are wrong’
Key Points Apollo executive John Zito said private equity firms are broadly misstating the value of their software holdings, telling UBS clients last month that “all the marks are wrong.” Zito warned that lenders to smaller software companies could recover as little as 20 to 40 cents on the dollar, implying deep losses. Apollo sought […]
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Bitcoin beat the S&P 500, Nasdaq Composite and gold since the start of the Iran war
ETF Edge Bitcoin beat the S&P 500, Nasdaq Composite and gold since the start of the Iran war Published Sat, Mar 14 202611:00 AM EDT Blair Bao Stephanie Landsman@stephlandsman WATCH LIVE Source
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Iran war oil shock stokes fears of 1970s-style stagflation — why this time could be different
Key Points Fears of higher prices and slower economic growth have unsettled markets over the past week following a spike in the oil price. Investors fear the specter of stagflation and what it could mean for their portfolios, but 2026 looks different to the 1970s for several reasons. Back then, a spike in oil prices […]
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Inside JPMorgan Chase’s push to become the startup world’s new Silicon Valley Bank
Key Points JPMorgan gained three years’ worth of new clients in a single weekend when Silicon Valley Bank collapsed. The Jamie Dimon-led bank has since quadrupled its startup client base to nearly 12,000, served by 550 bankers. JPMorgan’s goal is to be the one-stop shop for founders from seed round to IPO and beyond. Source
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JPMorgan Chase reins in lending to private credit firms after marking down software loans
Key Points JPMorgan is marking down collateral held by private credit firms and reducing their borrowing capacity — a preemptive move driven by market valuations, not actual loan losses. The markdowns target software company loans, where AI advances have sparked fears of disintermediation, triggering a private credit downcycle and abnormally high redemptions at firms like […]
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