Scott Carpenter

Sumitomo Mitsui Banking Corp. has made several senior hires as it pushes to bolster its capabilities in securitized finance, a multi-trillion market that’s seen strong issuance this year despite pockets of stress.

Forest City---After teaching martial arts in Rutherford County for 50 years, Ray Rice has closed his karate school.

Apollo Global Management Inc.’s “next generation” of credit vehicles, which the firm unveiled during last week’s earnings call, are backed by a grab-bag of loans and stakes in its own funds. In one case, a portion of investments will be overseen by an Apollo-backed money manager.

(Bloomberg) -- Apollo Global Management Inc.'s "next generation" of credit vehicles, which the firm unveiled during last week's earnings call, are backed by a grab-bag of loans and stakes in its own funds.

Center Point’s traffic enforcement cameras have brought in millions in fines and thousands of citations, but residents and city leaders remain split over whether the cameras improve safety or unfairly burden drivers.

More money managers are bundling private fund stakes into complex debt deals, according to executives at Evercore Inc., as liquidity and fundraising pressures across Wall Street drive investors to look at the once-niche instruments.

(Bloomberg) -- More money managers are bundling private fund stakes into complex debt deals, according to executives at Evercore Inc., as liquidity

Prudential Financial Inc.’s asset-management arm has financed about $4 billion of land-banking projects through a partnership with Domain Real Estate Partners, part of a push to gain exposure to the US homebuilding industry.

Joy VanDyke, a fourth-grade teacher at Sunshine Elementary School, was recently named the 2026-2027 Rutherford County Schools Teacher of the Year.

(Bloomberg) -- Apollo Global Management Inc. and Blackstone Inc. are working to bring additional investors into a roughly $36 billion debt financing deal to help Anthropic PBC build out its AI infrastructure.