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Citigroup reported its best quarterly revenue in a decade and a 56% year-over-year jump in earnings per share.
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Adams Street Partners has picked up $7.5bn including leverage for its third private credit fund, citing strong demand from both existing and new institutional backers.
The post Adams Street seals $7.5bn of new private credit firepower through new fund close appeared first on AltAssets Private Equity News.
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JPMorgan CEO Jamie Dimon called the economy resilient, but pointed to an "increasingly complex set of risks" across global markets.
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JPMorgan earnings, Oracle's $300 million windfall, new Delta suites and more in Morning Squawk CNBCJPMorgan and other big banks see profits rise as Dimon warns of 'increasingly complex set of risks' Yahoo FinanceJPMorgan's Profit Rises 13%, Tops Wall Street Expectations Barron'sJPMorgan Traders Bl
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U.S. inflation at the wholesale level rose to a three-year high in March due to surging oil prices tied to the Iran war, but aside from energy, the increases in the cost of other goods and services were surprisingly tame.
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The Iran war has caused the biggest rise in global energy inflation in 25 years, according to calculations made by an economist tracking government data.
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