Good morning NYC. Key highlights for 2026-09-28:
- Blackstone's head of private equity, Joe Baratta, is set to depart, signaling potential leadership changes within the firm.
- Larry Ellison pledged an additional $9.2 billion in Oracle stock for personal loans, highlighting continued high-stakes financial commitments from major tech leaders.
- Anthropic is seeking 50.1% voting control for its co-founders ahead of a potential IPO, raising concerns about governance and public market readiness.
- Market volatility persists as bond yields surge, with the US 10-year Treasury note reaching 5.23%, offering a rare attractive alternative to equities.
- M&A activity remains robust, with notable deals including UBS considering a merger with global banks and a $1.4 billion acquisition of GCG by Rexel.