(Bloomberg) - Elon Musk's bankers are considering providing the billionaire with new margin loans backed by Tesla Inc. stock to replace some of the high-interest debt he layered on Twitter Inc., according to people with knowledge of the matter.
Bloomberg Television:
https://finance.yahoo.com/video/musk-bankers-mull-tesla-margin-054548487.html
By Su Keenan reports on Bloomberg Television
December 8, 2022
Morgan Stanley (MS) is laying off roughly 2,500 employees as job cuts continue this year in the financial sector.
Private markets investment demand is growing—but the operational complexity has kept many advisors on the sidelines. Envestnet’s Todd Rais, CAIA, Head of Research & CIO Support, explains how the platform is changing that: automated trade window management, built-in wash sale rule enforcement, compliance guardrails, and a near-term road map that eliminates the need to leave Envestnet when working with semiliquid vehicles. The investment case was never the problem. The infrastructure is catching up.