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#BlackRock

Banking

Bank of America names new crypto and AI leaders

Bank of America named Sonali Theisen and Kevin Milsom to run digital-assets and AI work in markets, formalizing both as bank infrastructure.

By Naomi Voss
Earnings

Morgan Stanley Q2 earnings: equities revenue jumps 69%

Morgan Stanley Q2 earnings delivered record revenue and a 69 per cent equities-trading surge, extending Wall Street's capital-markets boom.

By Sloane Carrington
Banking

BlackRock Q2 profit rises 20% as assets hit $15.3tn

BlackRock Q2 profit rose 20 per cent and assets under management hit a record $15.3 trillion as net inflows reached $192 billion.

By Avery Lin
Crypto

Bitcoin, ether ETF inflows return with $282m weekly gain

Bitcoin, ether ETF inflows turned positive with a $281.8 million weekly gain, but the rebound repaired only a fraction of the prior exodus.

By Caleb Mwangi
Deals

Momenta Hong Kong IPO rises 3% in debut, testing AI demand

Momenta Hong Kong IPO opened 3 per cent above its issue price after a HK$5.89 billion sale, testing demand for China autonomy listings.

By Naomi Voss
Crypto

Securitize NYSE debut set after CEPT vote, shares jump 18%

Securitize NYSE debut is set for July 2 after Cantor Equity Partners II shareholders approved the SPAC merger and kept 71.5 per cent of trust cash.

By Caleb Mwangi
Crypto

Franklin Templeton bitcoin ETF filing channels dividends to BTC

Franklin Templeton bitcoin ETF filing would route stock dividends into BTC, highlighting Wall Street's next push beyond plain spot funds.

By Caleb Mwangi
Crypto

BlackRock ETHB ETF declares first $351,670 staking yield distribution

BlackRock's iShares Staked Ethereum Trust ETF (ETHB) will pay $351,669.96 in its first cash distribution from staking rewards on June 9, turning an abstract crypto-ETF structure into a measurable income product for the first time.

By Caleb Mwangi
Economy

Citadel's warning shows the Fed debate turning toward hikes

Fed rate hikes are back in play after Citadel Securities warned inflation, not labor slack, is now the bigger risk for Warsh's central bank.

By Sloane Carrington
Crypto

Bitcoin ETF outflows reach $1.26 billion in worst week since January

US spot bitcoin ETFs lost $1.26 billion this week, their steepest outflow since late January, as higher yields and geopolitical stress undercut institutional crypto demand.

By Caleb Mwangi
Banking

JPMorgan $4bn private-equity loans: risk transfer flags repricing

JPMorgan private-equity loans are being reshuffled as the bank tests how much NAV-style exposure investors will absorb in a colder private-credit market.

By Naomi Voss
Banking

Private credit defaults hit 6% as loan trading accelerates

Private credit defaults hit 6.0 per cent in April as higher Treasury yields, wider spreads and a busier loan market expose weaker lenders.

By Naomi Voss
Regulation

UK FCA weighs quarterly disclosures for private-credit firms

Quarterly reporting would give the FCA a steadier read on debt loads, valuation marks and concentration risk across the private-credit market.

By Tomás Iglesias
Banking

Citi, BlackRock's HPS launch €15bn private credit plan for Europe

Citi and BlackRock-owned HPS have launched a €15 billion private-capital program to expand direct lending across EMEA, the latest sign that banks are choosing to partner with private credit rather than compete against it.

By Naomi Voss
Crypto

Standard Chartered's $4tn tokenization call is really a DeFi market-structure bet

Standard Chartered's $4 trillion forecast matters because it implies DeFi could become the lending and settlement layer for tokenized institutional assets.

By Sloane Carrington
Crypto

BlackRock (BLK) files tokenized stablecoin reserve fund with SEC

BlackRock filed twin SEC prospectuses for a stablecoin reserve vehicle and an on-chain Treasury fund share class, extending its push into tokenized cash management.

By Caleb Mwangi
Banking

Private credit BDC discounts signal deepest stress since Covid

Private credit BDC discounts have hit their widest levels since Covid, giving retail investors a tougher read on valuation and liquidity risk than loan marks.

By Naomi Voss
Banking

Private credit split widens as institutions buy, retail balks

Private credit demand is splitting in two: institutions kept buying in the first quarter while retail money pulled back over liquidity and valuation risk.

By Sloane Carrington
Crypto

BlackRock files for tokenized money-market funds on Ethereum, targets stablecoin reserves

BlackRock filed paperwork with the SEC on Friday to issue two new tokenized money-market funds, including an Ethereum-native digital share class of its $6.1bn Select Treasury Based Liquidity Fund. The move pulls the world's largest asset manager deeper into onchain finance.

By Caleb Mwangi