Apollo Global Management President Jim Zelter said compute and energy will stay bottlenecks for AI growth, highlighted Apollo’s exposure to AI and data centers, discussed US economic outlook, private capital in defense, and noted European investment opportunities, especially in the UK.
Goldman Sachs’ data was exposed earlier this year after a hack of accounting firm EY, according to a source.
Ripple Prime will now offer prime brokerage, clearing and financing services to funds managed by the $35 billion alternative‑investment manager Brevan Howard, extending their existing partnership.
JPMorgan Chase CEO Jamie Dimon highlighted the challenges of funding the rapid growth of artificial‑intelligence projects, warned about a worldwide bond market sell‑off and evaluated the health of British banks during a speech at the Tech Stars Conference in London.
Wayve’s CEO Alex Kendall told Bloomberg TV that the company is eyeing growth in the US and Chinese autonomous‑vehicle markets and is considering an IPO in the future, remarks made at the JPMorgan Tech Stars conference in London.
Informa Plc will buy Clarion from Blackstone for £2.24 billion, creating one of the biggest B2B events companies in Europe.
Intercontinental Exchange (ICE) has introduced gold futures contracts for trading in London, aiming to expand the market for precious‑metal derivatives in the UK financial centre.
The FCA has launched an investigation into its handling of a whistleblower, Simon Andriesz, who committed suicide after exposing alleged misconduct at a brokerage owned by Cantor Fitzgerald.
Maggie Fanari, CEO of J. Rothschild Capital Management and an investor in Anthropic, said on Bloomberg Surveillance that the AI company can keep generating value after its IPO, emphasizing the importance of combining rapid technological development with strong safety measures.
BT Group purchased TalkTalk and PlatformX Communications from administration to save the UK broadband provider from collapse