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- JPMorgan's US offices are officially reopening to all next month.
- Why dealmakers from Carlyle to KKR are leaning into the $7.4 trillion private-credit market.
- UBS is reviewing its family office relationships after taking a $861 million hit from Archegos.
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JPMorgan just told US workers it wants them coming into the office on a 'consistent rotational schedule' by early July
JPMorgan is reopening US offices for all employees on May 16, a memo said Tuesday. The bank plans to have staff return to the office on a rotational basis by July. Click here to get the full rundown on the bank's plan.
Dealmakers from Carlyle to KKR are leaning into the $7.4 trillion private-credit market - but higher demand for the opaque space has only made it riskier
Private-credit funds raised $143 billion last year and are keen to put that money to work. Here's why dealmakers like Carlyle and KKR are leaning more heavily into the space, and the risks the market poses.
UBS is reviewing its family office business in the wake of Archegos as analysts grill execs on surprise $861 million hit
UBS is reviewing its family office relationships in the wake of Archegos, the firm said Tuesday. Learn more about the steps it's taking.
Bank of America's head of rates sales in the US is leaving the firm
Andrew Isaacs, Bank of America's head of rates sales in the Americas, is leaving the firm. Here's what we know.
This Israeli ex-journalist runs exclusive events for the world's richest families. Here's how he built a network of 2,000 families with $500 billion-plus in assets.
Danny Chared, an ex-journalist, runs global conferences attended by 2,000 of the world's richest families. Get the full rundown on how he broke into the exclusive business.
PeachPay, a one-click-checkout startup created by recent college grads, is looking to compete with red-hot startups Bolt and Fast as e-commerce booms
PeachPay, a new entrant to the one-click-checkout space, just announced a deal with WooCommerce, the e-commerce provider for WordPress sites . Find out more here.
Finance apps for Gen Z are red hot as startups Step and Greenlight nab big investments from high-profile investors and celebrities like Andreessen Horowitz and Steph Curry
Startups Step and Greenlight just nabbed big funding rounds from high-profile investors. Here's why everyone wants in on fintechs focused on Gen Z.
Inside Nasdaq CEO Adena Friedman's mission to stay ahead of Wall Street's growing adoption of the public cloud
Nasdaq launched a range of cloud initiatives in recent years and partnered with tech giants like Microsoft under the watch of CEO Adena Friedman. See more here.
Odd lots:
Total bank losses from Archegos implosion exceed $10bn (FT)
HSBC beats expectations as cautious outlook prompts credit loss reversal (Insider)
Big Law partners made millions in a struggling economy, even while firms cut staff (Insider)