QYLD has been running the covered call playbook on the Nasdaq-100 since December 2013, and with $8.3 billion in assets, it remains the dominant fund in this category. The strategy is straightforward: hold the Nasdaq-100 and sell covered call options against the entire index each month, collecting premium that gets distributed to shareholders as income.
From the 1800s through the 20th century, women have continually broken barriers in finance. On a recent episode of Inside the ICE House, Trailblazing Women Who Transformed Finance and Created a New Wall Street, author and Untapped New York Founder Michelle Young discusses the female firsts that helped transform the culture, practices, and leadership of global finance.
The battle for WBD played out amid a pivotal backdrop for Wall Street: a period investment banks hope will mark a full-throated M&A rebound, in which just landing a role on a deal of this size is as useful for one's street cred as actually winning it. Even advisers on the losing side will walk away with hefty fees, boardroom credibility, and proof they belong on the biggest mandates of the coming year.
Anthropic sought explicit contractual restrictions to prevent its AI from being used for mass domestic surveillance or fully autonomous weapons. The Pentagon, in contrast, insisted it must be able to deploy contractor technology for any lawful purpose. Negotiations broke down, the Department of Defense moved to terminate the contract, and it designated Anthropic a supply chain risk, effectively restricting many government agencies and defense contractors from working with the company.
The firm's incoming senior partner, Damien Crossley, emphasised that the new office is not intended as a step towards competing with its relationship firms, such as Wachtell, Lipton, Rosen & Katz, or any other firm in its "good friends" network. Crossley believes the launch will "help our European clients navigate the U.S.", adding that the office is not intended as a referral office, but rather will serve firm-originated clients.
Hedge funds and other money managers spent $2.8 billion on alternative data in 2025, according to a new report from consultancy Neudata, a 17% jump from the year before. It's more than double what asset managers spent on alternative data in 2021, which includes a wide range of non-traditional information sources. The report projects that the total spend on alternative datasets could jump to more than $23 billion in the consultancy's bull case in 2030 and just under $8 billion in the bear case.
Blue-blooded fund manager Schroders is set to be sold to American rival Nuveen in a £9.9bn deal that will end more than two centuries of independence and deliver another setback to the London Stock Exchange. Nuveen, part of the Teachers Insurance and Annuity Association of America (TIAA), has agreed to acquire Schroders for 612p per share - a 34 per cent premium to the firm's closing price of 456p. The transaction will create one of the world's largest asset managers, overseeing around $2.5tn (£1.8tn) in assets.
The bank is reshuffling its commercial and investment bank to "maximize the impact of AI," according to an internal memo seen by Business Insider that was sent this week. The firm has named Guy Halamish as the chief operating officer of the CIB and tasked him with overseeing the ongoing effort to "harness the power of our data and fully leverage rapidly evolving AI capabilities," the memo, signed by the CIB's co-CEOs, Doug Petno and Troy Rohrbaugh, said.
Job cuts are reportedly occurring across multiple divisions, including investment banking, trading, investment management and wealth management. Within wealth management, private bankers and back-office support staff were among those affected. Layoffs began last week, with many occurring Wednesday, according to sources cited by WSJ.
When you're junior, you've got senior people watching everything you do. As you get more senior and you get promoted, pretty soon the bosses are no longer watching you. The only people watching you are your subordinates. This lack of upward oversight creates a pileup of people who find themselves suddenly failing after a track record of astounding success.
The company offers a platform that helps mobile app developers market their apps and was formed in 2021 through a merger of Liftoff and Vungle. Blackstone acquired the majority of its shares at the time and the finance giant also appointed new leadership, meaning it is no longer a founder-run company. After the offering, Blackstone will remain the majority shareholder, according to the S-1 filing.
"Every morning the opening screen on my Bloomberg is what's going on with CDS spreads on Oracle debt," Morgan Stanley Wealth Management CIO Lisa Shalett told Fortune in October, seeming to speak for a market that was increasingly worried about the bursting of a bubble in artificial intelligence (AI).
Throughout 2025, DWF's corporate team remained focused on its core sectors, advising clients on a broad range of complex, high-value and strategically significant transactions globally. Activity was strongest in technology, followed by real estate and financial services, with continued momentum across energy and industrials and consumer. The team's cornerstone private equity and venture capital deals continued supporting clients on investment processes from seed capital and development capital through to ultimate exit.
