Hannah Levitt

(Bloomberg) -- Morgan Stanley's investment manager secured $1.3 billion in capital commitments for a growth equity fund that's already invested in startups including Databricks, Anduril Industries Inc. and Ramp.

JPMorgan Chase & Co. earmarked $1 billion of debt capital to funnel into manufacturing in Michigan over the next decade as part of a new initiative aimed at bolstering production in the state.

Anthropic PBC’s Mythos artificial-intelligence model has dramatically increased global cybersecurity risks, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said.

JPMorgan Chase & Co. reported a surprise drop in fixed-income trading revenue in the third quarter, the first such decline in more than two years.

JPMorgan Chase & Co. is forecasting that a key metric for the bank is set to swell by almost $10 billion next year.

(Bloomberg) -- Morgan Stanley's profit for the third quarter climbed as the firm's equity traders trounced analysts' estimates and the firm's wealth-management operation brought in a record amount of money.

Morgan Stanley said half of those new assets were tied to initial public offerings. The firm's IPO bankers have worked on some of the year's biggest listings, including SpaceX. Elon Musk's aerospace company is a customer of Morgan Stanley's workplace channel, which provides clients' employees with benefits including equity compensation, retirement plans and other executive services.

Thriving lending business counters weakness in fixed-income trading.

(Bloomberg) -- JPMorgan Chase & Co. deployed $230 billion of capital in the first year of its decade-long effort to plow $1.5 trillion into industries that bolster US economic security.

JPMorgan Chase & Co. has assembled a team of a dozen investment bankers, including nine new hires, for its effort focused on small-cap companies, the latest in a series of executive additions this year across the global banking unit.