Cluster of Polymarket Accounts Won Big on Companies Audited by KPMG
Findings come after The Wall Street Journal reported that a KPMG employee is under investigation for alleged insider trading.
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How PayPal's CEO Is Planning to Go It Alone and Fix the Payments Giant
A $50 billion buyout is stalled but Enrique Lores could make a $25 million bonus if Wall Street buys into his plans to transform the payments company.
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Investment chief at hedge-fund firm Bridgewater becomes latest to say AI could wipe out humanity
Greg Jensen, the co-chief investment officer at hedge-fund giant Bridgewater Associates, agreed that AI could wipe out humanity.
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Financial Services Roundup: Market Talk
Find insight on European energy producers and eurozone banks in the latest Market Talks covering Financial Services.
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Weil Gotshal to Lose Top Dealmaker, Five Other Partners to Cravath
The exit of Michael Aiello comes after the recent departures of other top lawyers at the firm.
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Kalshi Looks to Expand a Rapidly Growing Universe of Risky Trading
A platform known for prediction markets has seen perpetual futures surge in popularity.
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India's National Stock Exchange Seeks $46 Billion Valuation in IPO
The long-awaited initial public offering would make it one of the country's most valuable companies.
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Regulators Cut Back on Small Bank Exams in Latest Industry Win
More community banks would be eligible for exams every 18 months instead of every 12 months.
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Polymarket Appoints First Finance Chief Amid U.S. Growth Plans
Warren Jenson, who previously served as finance chief of Amazon, Electronic Arts, Delta Air Lines and NBC during the '90s and early 2000s, has been appointed as Polymarket's first chief financial officer.
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Bain Capital-Backed Envestnet to Acquire Vestmark in Major Wealthtech Merger
The two wealth management technology providers together support $10 trillion in assets.
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A University's Distaste for Hedge Funds Created This New ETF. It's Still Risky.
State Street has an ETF that invests 90% of assets in the S&P 500 and 10% in investment-grade corporate bonds. But it's a concentrated bet on AI.
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Derailing the AI train will be surprisingly difficult, according to Bank of America
Proprietary measures of risk and investor anxiety - alongside historical perspective - persuade the bank that euphoria surrounding the AI trade has not reached bubble proportions.