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JPMorgan's asset-management unit, which handles money for wealthy people and institutions including endowments and pension funds, is seeking to grow its private credit offerings.
Issuers including Fidelity Investments and Ark Investment Management have eliminated plans for “staking” the Ether they would purchase for the proposed funds if they’re approved.
Also, Sanctuary Wealth appoints Robert Coppola as chief technology officer, DriveWealth hires new executives and Commonwealth Financial Network partners with iCapital.