Meet Kimi K3, the newest Chinese AI model haunting Silicon Valley
Moonshot AI’s new open model is catching up to Anthropic and OpenAI, raising questions about the future of the AI race.
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Blue Owl completes landmark UK healthcare real estate acquisition
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CIRO takes over Québec mutual fund rep oversight July 4
CIRO framed the change as a matter of clarity. “We are honoured to expand our involvement in the regulatory oversight of mutual fund representatives in Québec,” said Andrew Kriegler, the organization’s president and CEO. He said the announcement created “greater regulatory clarity and a single point-of-contact for mutual fund dealers and their representatives, which will ultimately serve…
Start at 45, Retire at 55: The Late Starter’s Rental Playbook
If you’re in your 40s, or even 50s, and think it’s too late to build a comfortable retirement, think again. We’ve done the math, we’ve crunched the numbers, and we’ve run the playbook ourselves—using rental properties, you can replace a significant portion of your income in just around a decade. Today, we’re sharing the exact…
Bank loan credit risk pooling: risk diversification versus the moral hazard problem
Bank loan credit risk pooling: risk diversification versus the moral hazard problem – Journal of Credit Risk Skip to main content End of drawer navigation content Banks can reduce their exposure to credit risk with credit risk pooling. Credit risk pooling results in a trade-off between risk diversification and moral hazard. A nonlinear risk sharing…
Bidding war breaks out for easyJet as Apollo tops rival private-equity group’s bid
A bidding war has broken out for EasyJet, the British low-cost airline, with the second American private-equity bid.
