House panel grills ex-JPMorgan banker Jes Staley over Epstein ties
What's new: lawmakers are scrutinizing why JPMorgan kept Epstein as a client despite internal warnings he was high-risk.
What's new: lawmakers are scrutinizing why JPMorgan kept Epstein as a client despite internal warnings he was high-risk.
Why it matters: The reshuffle puts Doug Petno and Troy Rohrbaugh at the center of CEO Jamie Dimon’s succession race, with $30 million stock awards each.
What's next: The results will not change bank capital buffers until 2027 as regulators rework the stress-test model.
What's new: Goldman, Wells Fargo and Morgan Stanley also lifted payouts after all 32 large banks cleared the Fed review.
Why it matters: The deal would refinance a bridge loan that makes up most of SpaceX's $29.1 billion in long-term debt.
What's new: The proposed borrowing would top its $10.8 billion 2024 deal and could run three years, with an option to extend to five.
Why it matters: Overseas lenders took about 35% of issuance, helping push India’s asset-backed debt sales to 1.53 trillion rupees.
What's new: Global deal volume has already passed $2.6 trillion this year, helped by AI-driven consolidation and a lighter US regulatory backdrop.
What's new: The chipmaker marketed seven maturities from 2 to 30 years, and early trading stayed near the sale price.
What's new: The chipmaker is marketing seven tranches from two to 30 years, with proceeds set for refinancing and other corporate needs.
What's new: Some swap financing jumped to nearly 15%, up from roughly 4.6% to 5.6% above benchmark rates in early May.
What's new: The server maker said it has logged $39 billion in AI server orders from more than 20 customers in recent weeks.
Why it matters: The company is raising cash to buy hardware parts as memory costs surge and AI server demand accelerates.
What's new: The share sale is expected to be secondary stock from the Danish brewer and could come later in 2026.