The $6.3 Trillion Money-Market Industry Just Got Its First ETF

Published on September 27, 2024

A new exchange-traded fund attempting to carve out a slice of the $6.3 trillion sitting in traditional money-market funds is launching Wednesday.

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Bonus-Starved Bankers Are Jumping Ship for Private Credit Riches

September 27, 2024
At a finance conference in London this summer, four senior investment bankers set about persuading the room that the $1.7-trillion private credit market isn’t a threat to Wall Street. Barely three months later, two of them have jumped ship to seek their fortunes in the upstart asset class.

Citi, Apollo Join Forces in $25 Billion Private Credit Push

September 27, 2024
The two Wall Street heavyweights have struck an exclusive partnership to arrange financings for corporate and private equity clients.