One scoop to start: Citadel Securities’ profits jumped nearly 70 per cent in the first quarter to $1.7bn, as the high-speed trading firm benefited from a surge of volatility across financial markets as Donald Trump retook office.
Another scoop: McKinsey has cut more than 10 per cent of its staff in the past 18 months, reversing a big expansion plan that peaked during the coronavirus pandemic when consulting services were in high demand and the firm increased its workforce by almost two-thirds.
And a third: Private equity groups TPG and Blackstone made an approach to take Hologic private, offering to purchase the US medical technology group for more than $16bn, according to people familiar with the matter.
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