abu dhabi

Finance

Abu Dhabi’s Mubadala Capital Takes Big Step Into US Credit Market

Photo by Web Summit via CC BY 2.0

Mubadala Capital, which manages $27 billion in assets, will take a 42% stake in Silver Rock Financial, which manages $10 billion in assets.

2 min read

Photo via Connor Lin / The Daily Upside

Advisor Upside

CI Financial to be Taken Private in Deal with Mubadala Capital

The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.

1 min read

Photo by Tareq Ismail via Unsplash

Banking

Wells Fargo’s Costly Asset Cap Likely to Be Lifted in 2025

America’s fourth largest bank has been barred by US regulators from adding assets to its balance sheet since 2018.

1 min read
Photo by Christian Harb via Unsplash

International Economics

Trump Vows Tariffs on Canada, Mexico, and China

Trump promised in a Truth post to levy via 25% tariffs “on ALL products coming into the United States” from Mexico and Canada.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Shealah Craighead and Justin Pacheco via Public Domain, Retouchman via iStock

Power Corridor

The Bounds of Trump’s Friendship with Elon Musk

Donald Trump has forged an alliance with Elon Musk, but history shows the two have trouble working together. And then there’s China…

5 min read

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