A hundred US venture capital firms raised more than $12.4bn in the first quarter of 2000, according to data compiled by Venture Economics and the National Venture Capital Association. This represents an 85% increase over the first quarter of 1999 when 70 funds raised $6.69bn.

Record $12.4bn raised in first quarter of 2000

The government fired the CMA’s chair. Then it deleted the messages

The rush to AI in the financial sector risks more data breaches

Inside Richard Oldfield’s ‘huge leap forward’ at Schroders

Who is JPMorgan’s new UK private banking boss?

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Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Ex-Bank of America trader joins Sumo as head of systematic fixed income trading

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Jugakalpa Das’ six-member pod will start trading for Sumo in July

Morgan Stanley taps former BlackRock executive for UK board role

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Anna Khazen joins the Wall Street bank’s international arm

The uptick was likely fuelled by easing price inflation and a cut to interest rates in May.

U.K. Consumer Sentiment Edges Up Again Despite Global Turbulence

The unprecedented pace of change brought by AI is forcing the software maker to reinvent itself, said Salesforce’s chief futures officer.

Salesforce Not Taking Survival for Granted in AI Era, Top Strategist Says

The required capital increase will be achievable for the banking giant and shouldn’t excessively reduce its shareholder distributions, the Swiss National Bank said.

Switzerland’s New Capital Rules Will Be Feasible for UBS, Central Bank Says

The rise in U.S. tariffs announced in early April would have a significant impact on economic growth over coming years, the central bank said in its quarterly outlook.

Irish Central Bank Warns U.S. Policy Could Lead to Slower Growth, Higher Debt

Irish Central Bank Warns U.S. Policy Changes Could Lead to Slower Growth, Higher Debt

Nonbank lenders like Affirm are cultivating stables of large financing partners to ensure they have sufficient capital to lend, even when public debt markets freeze up.

Prudential Unit Lends $500 Million in Private Credit to Affirm 

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