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Crypto, Prediction Market Chiefs Gain Sway as CFTC Advisers

New CFTC Chairman Michael Selig is deepening his small agency’s reliance on crypto, prediction market, and trading exchange executives by forming a panel of industry bigwigs, even as the Trump administration slashes advisory committees across the federal government.

Apollo Took Loss on Zeroed Out Asset-Backed Loan Deemed Safe

Apollo Global Management Inc. took a loss on a portion of a $170 million asset-backed financing for Amazon brand aggregator Perch that was written off to zero, a rare stumble for a strategy touted as one of private credit’s safest and most promising.

Mizuho Adds HSBC, JPMorgan, Deutsche Bank Hires in Wave

Mizuho Financial Group Inc. has brought in Jon Connor, Thibaud de Maria and Richard Robinson as part of a hiring wave of senior investment bankers, said people familiar with the matter who asked not to be identified because it wasn’t public yet.

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