Funding & Business
High-Grade Private Credit Needs Bank Tie-Ups: Apollo
“The future of IG private credit is really in partnership with the banks — no doubt about it,” Apollo Global Management Inc. President Jim Zelter said in an interview with Bloomberg. Apollo has 12 origination partnerships with banks, according to Zelter, in addition to its own deal-sourcing teams. Those include tie-ups with BNP Paribas SA, Citigroup Inc., Standard Chartered Plc, and others that are “private, or have not been announced, but still very active,” he explained in an interview with Fr
Source link
A growing number of economists believe the Bank of England has finished cutting interest rates as policymakers struggle to contain a fresh spike in inflation, a sentiment likely bolstered by fresh jobs data. The number of employees on payrolls dropped a further 8,000 in August, the Office for National Statistics said on Tuesday, smaller than the 12,000 decline forecast on average by economists surveyed by Bloomberg. Inflation data on Wednesday will underscore the policy headaches facing rate-set
Source link
BNP Paribas Group Chief Economist Isabelle Mateos Y Lago discusses the US economic situation as Federal Reserve prepares to deliver its interest-rate decision this week. “I think it makes sense for the Fed to tilt a little bit its posture towards paying attention to employment, but it’s not as if it can take its eyes away from the inflation ball,” she tells Bloomberg Television. (Source: Bloomberg)
Source link
UBS Group AG is facing a $26 billion increase in capital requirements leveled by its home government, Switzerland. Bloomberg’s Myriam Balezou reports.
Source link
-
Business3 weeks agoThe Guardian view on Trump and the Fed: independence is no substitute for accountability | Editorial
-
Tools & Platforms1 month ago
Building Trust in Military AI Starts with Opening the Black Box – War on the Rocks
-
Ethics & Policy2 months agoSDAIA Supports Saudi Arabia’s Leadership in Shaping Global AI Ethics, Policy, and Research – وكالة الأنباء السعودية
-
Events & Conferences4 months agoJourney to 1000 models: Scaling Instagram’s recommendation system
-
Jobs & Careers3 months agoMumbai-based Perplexity Alternative Has 60k+ Users Without Funding
-
Podcasts & Talks2 months agoHappy 4th of July! 🎆 Made with Veo 3 in Gemini
-
Education3 months agoVEX Robotics launches AI-powered classroom robotics system
-
Education2 months agoMacron says UK and France have duty to tackle illegal migration ‘with humanity, solidarity and firmness’ – UK politics live | Politics
-
Podcasts & Talks2 months agoOpenAI 🤝 @teamganassi
-
Funding & Business3 months agoKayak and Expedia race to build AI travel agents that turn social posts into itineraries