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17.07.2024 17:11
Private Credit Funds Are the New Banks, Says Ares’ Jacobson Ares Management Corp.’s co-head of European Credit Blair Jacobson says he welcomes regulation as private credit funds take on a role as the “new banks.”  He pointed out that the regulation drum “is starting to beat a little bit louder,” as shown by a Bank of England review last year. He spoke with Dani Burger on Bloomberg Brief. (Source: Bloomberg)

18.07.2024 0:14
The Fed Under Trump 2.0 Donald Trump says he will not fire Jay Powell as chair of the central bank if he is re-elected president, after threatening to do so. But whether the president even has the authority is open to question.

18.07.2024 1:51
SEC Sues Ex-CEO of Digital World Alleging Securities Fraud The US Securities and Exchange Commission sued Patrick Orlando, the former chief executive of the blank-check firm that helped bring Donald Trump’s social media company public, for allegedly misleading investors about his firm’s plans for a merger.