Andrew Ross SorkinBlackRock is expanding its direct lending platform with a $3 billion insurance capital arrangement, adding another institutional funding channel to one of the f
Andrew Ross SorkinPrivate equity deal activity is rebounding as large-cap buyouts return to market, signaling that the sponsor-led mergers-and-acquisitions machine is beginning t
Andrew Ross SorkinPrivate equity dealmaking is losing momentum heading into the second quarter of 2026 as higher financing costs and cautious debt markets undercut hopes that the
Andrew Ross SorkinThe European Central Bank has put liquidity tools back at the center of the euro-area finance debate, signaling that funding backstops and market plumbing will
Andrew Ross SorkinSwitzerland has moved from consultation to execution in its campaign to harden the country’s too-big-to-fail framework, unveiling a package that places UBS at t
Andrew Ross SorkinSwitzerland has moved to harden its post-Credit Suisse banking rulebook with a new capital package aimed squarely at UBS, the country’s only remaining global sy
Andrew Ross SorkinU.S. regulators are no longer defending the Basel III endgame capital framework they first advanced in 2023. They are rewriting it. That shift, now unmistakable
Andrew Ross SorkinJPMorgan Chase CEO Jamie Dimon stated that President Trump’s $5 billion lawsuit against the bank lacks legal merit but acknowledged Trump’s frustration over account closures. Dimon explained that banks face regulatory pressures prompting them to sever relationships deemed high-risk, especially after incidents like the January 6 Capitol attack, blending politics, regulation, and corporate risk management.
Andrew Ross SorkinMP Materials will establish a $1.25 billion rare earth magnet manufacturing campus in Northlake, Texas, supporting U.S. supply of critical minerals. This facility, known as “10X,” aims to produce 7,000 metric tons annually, reducing reliance on imports. The project, creating 1,500 jobs, is critical for national security amid Chinese dominance in the sector.
Andrew Ross SorkinBitcoin experienced a significant decline, nearing $72,000, reflecting a 5% drop within two days. Analysts cite geopolitical uncertainties and evolving economic expectations as key factors. Institutional sell-offs have exacerbated the situation, leading to over $12 billion in outflows from exchange-traded funds. This downturn affects the broader cryptocurrency market.
