Securitize will be the exchange’s first digital transfer agent, creating blockchain-based versions of stocks and exchange-traded funds.
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In Tokio Marine, one of Japan’s “Big Three” non-life insurance groups, Berkshire is making a big bet on the country’s huge insurance sector.
If, at first, Discovery, AT&T, AOL, Time and others fail? Well, David Ellison is going to go ahead and give Warner Brothers a try anyway.
It’s a move that could help secure Mastercard’s place in not just the crypto world of tomorrow, but the AI-driven one too.
Most of JPMorgan’s big banking peers don’t have NAV loan agreements that let them proactively revalue assets.
Shares of major private-credit lenders are down significantly this year: Apollo has lost 26%, KKR 31%, Blackstone 30%, and Ares 35%.
Ackman’s move comes at a time when many young retail investors have grown tired of their classic stock-and-bond portfolios.
The US-Israel conflict with Iran has triggered the biggest oil supply disruption ever, topping the 1956 Suez crisis.
Rather than sticking with stocks and bonds, millennials are seeking higher returns from alternatives like crypto and private credit.
BlackRock’s writedown of a $25 million loan is fueling concern that much larger defaults are lurking in private credit.
AIG is outperforming insurance industry rivals, according to Goldman Sachs, in adapating to and leverage artificial intelligence.
Shares in travel firms are plummeting as Iranian counter-attacks on the US and Israel target vacation spots such as Dubai and Abu Dhabi.
Berkshire stock, which has lagged the S&P 500 for the past 12 months, fell Monday as results from Warren Buffett’s last quarter underwhelmed.
A bidding war for Janus Henderson is no surprise as many asset management firms pursue consolidation in a bid to buttress against outflows.