Ultra-Rich Families Set to Control $9.5T by 2030, Deloitte Says

Published on September 5, 2024

As wealth grows, family offices are catching up with hedge funds in size.

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Focus Financial Relaunches $3.7 Billion Loan Amid Fall Frenzy

September 5, 2024
Focus initially pulled the deal last month amid the global market tumult that curbed debt issuance. The relaunched transaction essentially has the same terms.

Jane Street and Citadel Won’t Devour All of Wall Street’s Revenue

September 5, 2024
Jane Street Group LLC and Citadel Securities are on a tear. First-half revenue at the two predominantly electronic market makers grew about 80% compared with the first six months of 2023, according to Bloomberg News. That’s enough to make traditional Wall Street executives green with envy — but these upstarts aren’t going to completely devour the old guards’ lunch.