The developer Nexus Data Centers is teaming with the artificial intelligence (AI) leader Anthropic to borrow $15 billion for the creation of a new data center campus and power plant in Hubbard, Texas. The Wall Street Journal, sourcing its coverage from unnamed “people...
A former Morgan Stanley financial advisor in El Paso, Texas, was sentenced 12 years in prison for committing a multi-million-dollar fraud scheme. According to court documents, Jesus Rodriguez de la Cruz defrauded his employer and clients between May 2018 to August...
CBRE Group Inc. (NYSE:CBRE) announced the appointment of Guy A. Metcalfe to its board of directors. Metcalfe was a managing director and member of Morgan Stanley’s investment banking executive committee. He led the company’s real estate investment banking business for...
Fannie Mae (OTCQB: FNMA) has appointed Peter Akwaboah to become executive vice president and chief operating officer (COO), effective May 20. In his new role, Akwaboah will be responsible for Fannie Mae’s chief information office, enterprise operations, business...
Wells Fargo & Co. (NYSE: WFC) announced Thomas R. Nides will join the company in October as vice chairman, reporting to CEO Charlie Scharf and joining the San Francisco-headquartered company’s operating committee. In his new role, Nides will advise Wells Fargo...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
