WSJ Banking

The latest scoops and features from @WSJ’s Wall Street team covering banking, private equity, M&A, IPOs, activism, hedge funds, fintech and more.

[Jessica Toonkel @jtoonkel]

Barry Diller is reinventing himself all over again, and this time he is going all-in on casinos https://t.co/7mBBRvI30o via @WSJ

[Kate Clark @KateClarkTweets]

Here we goooo https://t.co/2Xg23rQ44q

[Kevin T. Dugan @KevinTDugan]

NEW: NYC Mayor Mamdani still has a hole in his administration—the Economic Development Corporation. @beccpicc and I have details of who’s been considered, and what’s the deal with the hold up.

https://t.co/dO75GDEvJE

[The Wall Street Journal @WSJ]

American farmers are taking out more debt—and some are struggling to keep up with repayments—as they contend with higher costs tied to the Iran war https://t.co/Eg93Eb5Ozd

[WSJ Markets @WSJmarkets]

The lawyer for the former JPMorgan Chase investment banker who has alleged in a lawsuit that a female colleague sexually assaulted him has stepped away from the case https://t.co/Bw5I6GSixz

[WSJ Markets @WSJmarkets]

Eli Lilly agreed to acquire three small vaccine developers in deals worth up to nearly $4 billion combined https://t.co/vpHEzQigmR

[alexander saeedy @ajsaeedy]

Meet Matthieu Pigasse, a socialist investment banker from Paris who’s been hired to help clean up Venezuela’s battered economy.

Pigasse is a French enigma, with close ties to the Socialist Party and the owner of several left-leaning media companies. He also is facing accusations of promoting anti-semitism in France, which he strongly denies.

While he has left-wing credentials, Pigasse is no stranger to the MAGA universe, either. The banker clinched one the biggest deals of his career — working for the Venezuelan government — thanks to a behind-the-scenes influence campaign from Mauricio Claver-Carone, Trump’s former envoy for Latin America.

Claver-Carone, who doesn’t work for the government anymore, said in an interview that he has acted as “bridge” between the U.S and Venezuela and strongly advocated for Pigasse to be hired to Delcy Rodriguez.

Read more about the enigma of Pigasse and how the sausage is made in Caracas here: https://t.co/auPiyQVbbl

[The Wall Street Journal @WSJ]

Meet Gavin Baker, the star stock picker who bet big on SpaceX before it even landed a rocket. https://t.co/kklyc9CcpH

[Peter Rudegeair @rudegeair]

This week I've been writing about the SpaceX IPO and the public-markets investors who about to reap windfalls.

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[The Wall Street Journal @WSJ]

Charlotte Tilbury, the cosmetics entrepreneur, has played a key role in derailing a multibillion-dollar deal that sought to add her eponymous brand and others to the Estée Lauder empire https://t.co/4Nmyx7DlYt

[Jessica Toonkel @jtoonkel]

SCOOP: IMAX is exploring a sale and has approached entertainment companies as potential buyers, according to people familiar with the situation w/@benfritz https://t.co/s6ldjzUML8 via @WSJ

[The Wall Street Journal @WSJ]

Exclusive: Exxon Mobil is striking back at two proxy advisory firms opposed to the company’s plan to move its legal home to Texas from New Jersey https://t.co/Iwr1ucmVJI

[Lauren Thomas @laurenthomas]

SCOOP on another big KKR exit: Parker-Hannifin has struck a deal to buy the commercial and defense aerospace unit of Circor from KKR for over $2.5 billion. $KKR $PH

https://t.co/PLgvqZVuFZ

[WSJ Markets @WSJmarkets]

Two big apartment owners, AvalonBay Communities and Equity Residential, are nearing a deal to combine in a bid to create a multifamily real-estate giant, according to people familiar with the matter https://t.co/CKnrvHpU8u

[The Wall Street Journal @WSJ]

Breaking: SpaceX has officially filed to go public. Here are key findings from what is expected to be the biggest stock debut in history. https://t.co/r1asvfFTl8

[Amol Sharma @asharma]

With SpaceX likely making him a trillionaire, Elon Musk would be worth more than all but 10 U.S. companies. https://t.co/YD3w2psMFK via @wsj

[Cara Lombardo @CaraRLombardo]

Big scoop from @cdriebusch @AAndriotis @berber_jin1 !!

[The Wall Street Journal @WSJ]

Exclusive: OpenAI is preparing to file for an IPO, possibly as early as Friday https://t.co/wBSYP8YMjq

[alexander saeedy @ajsaeedy]

Lorna Hajdini, the JPMorgan investment banker accused of sexual assault, has countersued her accuser Chirayu Rana for defamation and malicious prosecution.

Rana “deliberately crafted a salacious narrative designed to achieve maximum press coverage and inflict maximum pain; unfortunately, it has succeeded despite its falsity,” the countersuit said.

She didn’t address some of the claims brought by sworn witnesses who say they saw firsthand Hajdini and Rana interact romantically, except to say that Rana had lied to them about her.

The parties are due in court for a first hearing next week. Read more about her claims here:

https://t.co/A0LwelcsOs

[The Wall Street Journal @WSJ]

SpaceX already defies the law of gravity. Soon its IPO will test the law of demand. https://t.co/LSjm5KAN0h