financial services

The U.S. lender enters a joint venture with Jio Financial Services, acquiring an initial 26.5 percent interest expandable to nearly half of its non-bank lending arm.

Fee-related earnings rose 25 percent to a quarterly high of $785 million, while insurance asset spreads climbed 7 percent to $877 million, as Apollo deferred asset sales.

The New Jersey Republican's expected return in weeks could swing votes on appropriations and digital asset legislation

Ken Griffin's commitment to Miami and critique of New York City reflects capital reallocation affecting U.S. financial and real estate markets.