Private equity wrestles with its own generational wealth gap
Joe Baratta of Blackstone will retire a billionaire, but future up-and-comers will struggle to match his record
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Oil price and US Treasury yields in tightest relationship since 1990
Bond investors watch Iran conflict and crude price for signs as to where government borrowing costs will go
European banks push to recapture fees from BlackRock and Vanguard
Groups launch in-house ETFs to capture retail clients as market booms
Shein shares sink after profits disappoint in first results since IPO
Fast-fashion retailer squeezed by rising freight costs and Iran war fallout
Anthropic warns of ‘existential risks to humanity’ in IPO prospectus
Long-awaited S1 filing reports Claude maker lost $8bn last year on $4.6bn in revenue
US Treasury threatens crackdown on Wall Street tax-avoidance strategies
Department limits use of ETFs to avoid taxable gains and says it could target other ‘potentially abusive’ tactics