All articles by Kuldeep Jha
Kuldeep Jha
Lazard agrees $575m Campbell Lutyens acquisition to form private capital arm
The acquisition will lead to the creation of a new private capital advisory division called Lazard CL, which will become Lazard’s third global business.
Deutsche Bank private bank lifts first quarter profit as inflows accelerate
At group level, the German banking giant reported net revenues of €8.67bn, up 2% year-on-year.
Banks outpace regulators on AI adoption, report finds
Over 80% of financial firms now use AI, whereas regulators remain in the early stages of adoption.
Goldman Sachs withdraws Anthropic AI access for Hong Kong bankers, report says
Anthropic’s latest AI model, Mythos, has attracted attention from global banks and financial regulators because of concerns about possible risks to banking systems.
JPMorgan Chase becomes first global banking partner of Olympic Games
The banking giant also struck an agreement to serve as the official bank of Team USA and LA28.
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Citigroup targets Japan, China senior hires to boost cross-border M&A push
In Japan, Citi intends to make targeted senior hires to address coverage gaps, including in technology, media and telecommunications.
Sumitomo Mitsui Trust Bank, HPC partner to broaden alternative investments in Japan
As part of the transaction, SMTB has made a minority equity investment in HPC.
Jain Global to return investor cash and run money only for Millennium
The shift marks a sharp change for the hedge fund led by Bobby Jain, a former co-chief investment officer at Millennium.
Instacart co-founder launches hedge fund backing AI agents over portfolio managers
Abundance’s longer-term aim is to move towards AI systems managing investment decisions across the portfolio on their own.
Wall Street banks offered Anthropic access on sharply different fees
Morgan Stanley charged a flat 1% transaction fee, while Goldman Sachs proposed a costlier structure involving ongoing management fees and a profit share.