Finance

• CIBC Scores Its Biggest LBO Financing With Wittington-Boots Deal
  Canadian Imperial Bank of Commerce is providing the majority of the financing to support Wittington Investments’ acquisition of Boots and its associated businesses, according to a person familiar with the matter, in what’s set to be the bank’s largest-ever single commitment to a leveraged borrower.
• Hedge Fund Rokos Returned 4.2% in Turbulent Month for Trading
  Chris Rokos’s macro hedge fund made 4.2% last month when many others eked out meager returns amid challenging trading conditions caused by global bond market volatility.
• Private Equity Isn’t Slowing Its Poaching of Bankers, Citi Executive Says
  Private equity firms are still aggressively poaching talented young bankers from Wall Street despite indications last year that they would slow down, according to a top banker at Citigroup Inc.
• Paramount’s Monster Debt Deal Offers Few Safeguards to Investors
  Bond investors backing David Ellison’s audacious $110 billion takeover of Warner Bros. Discovery Inc. are making a bold bet of their own — lending tens of billions of dollars while forgoing many of the legal safeguards typical in debt-laden buyouts.
• Wells Fargo Faces HUD Investigation Over Black Homeownership
  Wells Fargo & Co. is under investigation by the Department of Housing and Urban Development over whether the bank violated fair-lending laws as it sought to boost homeownership among Black Americans.
• Apollo Says It’s Listening, Responding to Data Center NIMBYism
  Apollo Global Management Inc. is making sure the AI infrastructure deals it finances don’t run into local opposition, according to its head of infrastructure.
• A 30% Options Pop in Mere Minutes Shows Power of ‘Finfluencers’
  Shortly after the US stock market opened on May 7, 2025, a message landed in a Discord trading chat: “BTO $EBAY 72c 05/09 @0.30.”
• Brazil’s Richest Banker Adds $2.7 Billion on Bolsonaro Rally
  Brazilian billionaire Andre Esteves’ fortune soared by a record amount as shares in his bank, Banco BTG Pactual SA, joined the market frenzy triggered by the right’s surprise showing in the country’s general elections.
• Poland Keeps Rates Unchanged as Fuel-Price Cap Curbs Inflation
  Poland’s central bank kept interest rates on hold for a seventh straight month as the government’s move to cut fuel prices eased inflationary pressure in the short term.
• Student Lender Collapses as Immigrant Crackdown Roils Loan Book
  A US lender specializing in loans to international students has largely shuttered its operations after losing access to fresh financing, marking one of the most significant corporate collapses triggered by the Trump administration’s immigration crackdown.
• Tishman Speyer Buys Control of New York’s Chrysler Building
  Developer Tishman Speyer purchased control of Manhattan’s iconic Chrysler Building in a $235 million deal, ending years of uncertainty for the landmark skyscraper.
• Spain Unions Crash Election Campaign, Calling a General Strike
  Spain’s biggest labor unions are set to call a general strike for Nov. 11 to focus attention on housing just before campaigning begins for an election scheduled for Nov. 29.
• Hinge Health Sees Hardware Deals Ahead in Digital Health Push
  Hinge Health Inc. expects to make more acquisitions, particularly in hardware, as part of a push to automate healthcare and expand beyond its core business of digital physical-therapy service.
• Rajapaksa’s Wife in Custody as Family Faces Corruption Probes
  Shiranthi Rajapaksa, wife of former Sri Lankan strongman Mahinda Rajapaksa, became the second member of her family to be remanded in custody after her lawmaker son as investigators pursue multiple allegations against the ex-president’s kin.