IG Group Holdings Plc shares plunged the most in almost a decade as the retail trading firm reported a surprise slump in third-quarter revenue, months after upgrading its outlook.

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon met with Prime Minister Andy Burnham and other top UK officials as the new British administration weighs imposing a windfall tax on bank profits in its first budget next month.

The London Stock Exchange is planning to launch tokenized stocks, backed by shares of London-listed companies, as it looks to further embrace digital assets.

Prudential Plc, HSBC Holdings Plc and Standard Chartered Plc shares dropped after a report that China is expanding its personal income tax to include any returns from insurance policies in Hong Kong.

SpaceX’s record-setting initial public offering shows investors are eager to finance artificial intelligence infrastructure, according to Goldman Sachs Group Inc. President John Waldron.

Blackstone Inc. is looking to sell more than $2 billion of its stakes in private investment funds by bundling the exposure into bonds for investors, in what would be one of the largest such deals to come to market in recent years.

The rapid spread of artificial intelligence may enable European banks to reduce their headcount by as much as a fifth over the “shorter term,” according to Morgan Stanley analysts.

HSBC Holdings Plc is yet to make material headway in plans to invest as much as $4 billion into its asset manager’s private credit funds, according to a spokesperson.

Revolut Ltd. has received approval from UK regulators to expand its investment offerings in the country, as the fintech firm seeks to win more wealthy clients.

Chrysalis Investments Ltd. cut the value of its stake in UK financial technology firm Starling Bank, as the conflict in the Middle East impacted stock markets and the digital bank’s peers.

Schroders Plc dates back 222 years and is one of the oldest names in the City of London, with its genesis in financing infrastructure. Nuveen, its new American owner, is only about half as old but no less storied.

Pacific Investment Management Co. and Witkoff Group, the real estate developer founded by US special envoy Steve Witkoff, are in default on a $400 million-plus loan tied to a luxury apartment complex in Santa Monica, California, according to a notice filed with Los Angeles County.

It was, according to Daniel Chu, “the stupidest f—-ing thing [he had] ever heard.”

A group of banks including Goldman Sachs Group Inc. and Morgan Stanley improved terms of a debt offering for Sevita Whole Health LLC after an initial struggle to sell a loan for the healthcare services firm, according to people familiar with the matter.