JPMorgan CEO Jamie Dimon Downplays Private Credit Concerns: 'Not Particularly Worried'
(Yahoo! Finance) - JPMorgan Chase (JPM) CEO Jamie Dimon shrugged off worries about the private credit sector on Tuesday, saying that the concerns weren’t “systemic.”
“It almost can't be systemic at that size relative to anything else,” Dimon said during a Tuesday earnings call with analysts.
Binance’s CZ Offers OKX Founder $1 Billion Bet Over Divorce Dispute
(CryptoAdventure) - Binance co-founder Changpeng Zhao (CZ) confirmed he is officially divorced and offered OKX founder Star Xu a $1 billion bet to prove it.
The challenge came after Xu questioned CZ’s marital status as part of a broader dispute triggered by CZ’s 457-page memoir “Freedom of Money,” released on April 8.
I typically ignore all these false claims attacks. But…
You can apologize now. I am officially divorced.
Advisors Spend More Time Building Clients Wealth Than Planning For The Transfer Of It
Advisors spend years helping clients build wealth, but far less time is often dedicated to preparing families for how that wealth will actually transfer. The result is a growing disconnect: carefully constructed portfolios meet poorly communicated estate plans, and the consequences increasingly play out in fractured families rather than efficient wealth transitions.
A Dallas County Jury Issues A Landmark $1.1 Billion Civil Verdict
A Dallas County jury has issued a landmark $1.1 billion civil verdict, underscoring the profound financial and reputational risks that can arise in cases involving extreme personal misconduct, even for individuals connected to significant inherited wealth. The ruling, delivered in the 134th District Court, found a trust fund beneficiary liable for a brutal 2021 assault on his two-year-old stepson that resulted in catastrophic, lifelong injuries.
David Geffen Settles His Divorce From Donovan Michaels
David Geffen’s divorce from Donovan Michaels (legally David Armstrong) offers a high-profile case study in the financial, legal, and reputational risks that can arise when ultra-high-net-worth individuals enter marriage without comprehensive planning. Nearly a year after filing for divorce in May 2025, Geffen has reached a settlement with Michaels, concluding a contentious and highly public legal dispute that underscores several key considerations for wealth advisors and RIAs working with affluent clients.