JPMorgan Hires Morgan Stanley’s Boyle to Lead PE Secondaries

May 4, 2026 | Markets

JPMorgan Chase & Co. hired Will Boyle from Morgan Stanley to lead its team that advises private equity firms on structuring private deals, as the bank looks to build out its capital advisory business for sponsors. Boyle will serve as global head of secondary...

Apollo’s Zito Calls Credit Safer Bet in High-Volatility Times

May 4, 2026 | Markets, Private Credit

Apollo Global Management Inc.’s John Zito argued private credit is the safer place for investors to be even as the rise of artificial intelligence is dramatically shifting the environment for “the whole ecosystem of investing.” “Everyone is acknowledging” that we’re...

Private Credit Could Spark Psychological Contagion, Barr Warns

May 3, 2026 | Markets, Private Credit

Federal Reserve Governor Michael Barr said stress in private credit could spark “psychological contagion” leading to a broader credit crunch, once again warning against loosening the reins on Wall Street at a time of rising risks. In an interview with Bloomberg News,...

Ukraine Says Russia’s Primorsk Oil Export Port Damaged in Attack

May 3, 2026 | Markets

Ukraine said it damaged Russia’s Primorsk port on the Baltic Sea, a key oil export hub, in a drone barrage that also targeted several vessels. A Karakurt-class missile ship, patrol boat and tanker from Russia’s shadow fleet were hit in the attacks, Ukrainian...

Air Canada Pulls 2026 Outlook on Fuel Costs; Shares Drop

May 1, 2026 | Markets

Air Canada suspended its full-year financial guidance because of the surge in jet fuel prices caused by the war in Iran. “Since late February, the situation in the Middle East and the sharp increase in global jet fuel prices have created a significant external shock...