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How Banks Battled for $1 Billion in Fees From SpaceX Listing

By: Rob Copeland， Lauren Hirsch and Maureen Farrell β€”
Across Wall Street, bankers have been clamoring to lead what is expected to be the biggest-ever initial public offering.

A SpaceX rocket in 2024. The company, led by Elon Musk, chose Goldman Sachs to be the lead bank for its initial public offering.

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Banks Are Warned About Anthropic’s New, Powerful A.I. Technology

By: Rob Copeland and Colby Smith β€”
In an unusual move, the Treasury secretary and the Federal Reserve chair gathered bank executives to caution about cyberthreats posed by artificial intelligence.

The stark message was delivered by Treasury Secretary Scott Bessent in a hastily called meeting.

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Jamie Dimon Backs Jerome Powell Over Trump in Fed Fight

By: Rob Copeland β€”
The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over the Federal Reserve chair.

β€œPlaying around with the Fed can often have adverse consequences β€” the absolute opposite of what you might be hoping for,” Jamie Dimon, chief executive of JPMorgan bank, said Tuesday.

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