If you're interested in following my work covering Wall Street and the finance industry, feel free to connect on LinkedIn or hit the follow button on my Bloomberg page
My stories are posted here: bloomberg.com/authors/AU0usS…
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Scoop w/ @_ToddGillespie: Palmer Luckey’s Erebor Bank is in talks to raise more capital at at least an $8 billion valuation.
The deal talks come as deposits soar to $4.05 billion, and the banking upstart targets profitability by the end of this year.
bloomberg.com/news/articles/…
Citi CEO Jane Fraser is quickly building a rapport with President Trump and his administration, a feat that’s eluded many of her peers
My latest deep dive for @business 👇
bloomberg.com/news/articles/…
In October, Bloomberg News reported, “After years of getting shunned by major banks, Donald Trump’s money has found another place to call home, Citigroup Inc.”
Today:
Peter Thiel-backed startup Erebor Bank has pitched itself to top Venezuelan officials on restoring the sanctioned country’s access to the US financial system. bloomberg.com/news/articles/…
TODAY: Anthropic's Mythos model has governments and companies worried about AI-powered cyberattacks. Bloomberg journalists @shiringhaffary@EdLudlow@_ToddGillespie and Margi Murphy answer your questions in a Live Q&A starting at 1:30 p.m. EDT. Join here: bloom.bg/4cOF5LV
EXCLUSIVE: Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest AI model from Anthropic will usher in an era of greater cyber risk. bloomberg.com/news/articles/…
Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest AI model from Anthropic will usher in an era of greater cyber risk
Scoop @businessbloomberg.com/news/articles/…
Ruemmler statement:“These decade-old private emails you are selectively referencing and pruriently reporting on have nothing to do with my work” “And none of this helps to bring closure or justice to the girls and young women who were victims of his crimes.”
Story w/@maxabelson
In an email exchange in 2015, Kathy Ruemmler told Epstein: “friendships goes two ways — getti=g you some peace with respect to all of this legal shit is important to me.”
In another message, that Christmas, she told his assistant: “Well, I adore him.”
bloomberg.com/news/articles/…
“I hear you, sweetie, but there is abuse of p=wer with your stuff too. I know you didn’t think about it tha= way, but it’s there. And, yes, please kee= your head down. :-)”
NEW details on Goldman top lawyer Ruemmler's Epstein relationship
Gift link 🔽 bloomberg.com/news/articles/…
🚨 Tether is in talks with investors to raise as much as $20 billion in a private placement, a deal that could value the crypto firm at $500 billion as one of the world’s most valuable private companies
great scoop by @RyanJamesWeeks & @_ToddGillespiebloomberg.com/news/articles/…
Citigroup pushed a trading desk head to delete a social-media post that was critical of Israel’s actions in Gaza and drew attention to widespread starvation in the region bloomberg.com/news/articles/…
Goldman Sachs plans to ask junior bankers to confirm their loyalty on a regular basis in a bid to limit advances from talent-hungry buyout firms.
Todd Gillespie reports bloom.bg/4lgMntz
Stay on top of the global banking industry with emerging trends, winners and losers and market opportunities. Sign up for our new weekly newsletter, Banking Industry Monitor: bloom.bg/45PGOgY
Read the first edition: bloom.bg/43XCvxD
The US Treasury Department is considering changing rules to revoke tax-exempt status for colleges that consider race in student admissions, scholarships and other areas. @_ToddGillespie has more on the story bloom.bg/3FPfG7m