OpenAI readies IPO filing to list as soon as September

AI lab is preparing for $1tn listing with bankers Goldman Sachs and Morgan Stanley and lawyers at Cooley

Posted on Wednesday May 20, 2026

Italy’s biggest bank explores bid for Spanish wealth manager

Intesa Sanpaolo prepares formal offer as Warburg Pincus seeks sale of Singular Bank

Posted on Wednesday May 20, 2026

Blackstone’s $5bn data centre plan melds creativity and necessity

The idea makes sense, and the opportunity is large

Posted on Wednesday May 20, 2026

Barney Frank, US congressman, 1940-2026

First openly gay member of Congress led landmark banking reforms in wake of financial crisis

Posted on Wednesday May 20, 2026

Celebrate your looming obsolescence with our new ‘lower-value human capital’ merch

Because you’re not worth it

Posted on Wednesday May 20, 2026

Farage, crypto and the £5mn gift

His rightwing populist Reform UK is uniquely reliant on a crypto billionaire

Posted on Wednesday May 20, 2026

Zuckerberg promises no more ‘company-wide’ lay-offs after slashing jobs

Meta chief seeks to reassure disillusioned employees after culling 8,000 roles

Posted on Wednesday May 20, 2026

JPMorgan banker fights back over ‘fabricated’ sex harassment claims

Female leveraged finance executive says allegations are concocted for ‘improper purpose of personal enrichment’

Posted on Wednesday May 20, 2026

OpenAI readies IPO filing to list as soon as September

AI lab is preparing for $1tn listing with bankers Goldman Sachs and Morgan Stanley and lawyers at Cooley

Posted on Wednesday May 20, 2026

Oil drops 6% as three supertankers attempt Strait of Hormuz crossing

Brent crude falls below $105 a barrel as vessels bound for Asia raise hopes of resumption of energy flows

Posted on Wednesday May 20, 2026