Barclays is the leading contender to replace Goldman Sachs as the issuer of the GM credit cards. Discussions follow Goldman's decision to exit consumer lending. wsj.com/finance/goldma… via The Wall Street Journal

We've got a Friday bank failure and no it's not deja vu: Republic First is being seized.
Scoop from Gina Heeb Lauren Thomas Justin Baer

wsj.com/finance/bankin…

SCOOP: IBM is nearing an acquisition of cloud-software provider HashiCorp. The deal could come together in the coming days. $IBM $HCP

wsj.com/business/deals… via The Wall Street Journal

When Russia missiles are flying and air raid sirens wail in Kyiv, Citigroup’s bankers head to the vault.
Being the global bank can put Citi in some pretty hard spots, and few are as treacherous as Ukraine right now. wsj.com/finance/bankin…

KITCHEN SINK: Informatica down 9% after co comments on results, exec change and Salesforce talks — dead, as we reported last night. wsj.com/business/deals…

FORCE PROTECTION: Plug pulled on Salesforce-Informatica talks after shareholders barf on proposed deal. Sun scoop with Lauren Thomas Laura Cooper wsj.com/business/deals…

The beating heart of American finance is a ghost town.
By ⁦alexander saeedy⁩ wsj.com/finance/bankin…

Assets in Nelson Peltz’s hedge fund firm are the lowest they’ve been in a decade, an expected successor is gone and he just took a bruising loss at Disney. Can the 81-year-old activist get back on top?
⁦Cara Lombardo⁩ ⁦Lauren Thomas⁩ wsj.com/finance/invest…

SALES PITCH: Investors not psyched about Salesforce-Informatica. Both stocks down sharply following our scoop late Fri, with $CRM losing more than the value of a deal! wsj.com/tech/salesforc…

In light of today's strong results, it's worth revising this trenchant AnnaMaria Andriotis yarn from Feb. on the strengthening of Goldman CEO David Solomon's hand. wsj.com/finance/bankin…

A two-decade bet on a biotechnology company turned into a roughly $8 billion windfall for investors in a New York hedge fund earlier this year.

Scoop from ⁦Peter Rudegeair⁩ & ⁦Jonathan Rockoff⁩: wsj.com/finance/invest…

Salesforce is in advanced talks to buy Informatica in what would be one of its largest deals ever. $CRM $INFA

Big scoop from ⁦Lauren Thomas⁩, ⁦Laura Cooper⁩ & ⁦Dana Cimilluca⁩ wsj.com/tech/salesforc…

Multiple federal regulators are probing Morgan Stanley over how it vets clients at risk of laundering money through the bank’s sprawling wealth-management division. ⁦Scoop from AnnaMaria Andriotis⁩ wsj.com/finance/regula…

Mortgage rates again rose to nearly 7%, a key psychological threshold that threatens the housing revival that many had hoped for this year on.wsj.com/4aO4AJB on.wsj.com/4aO4AJB

Jamie Dimon warns that U.S. interest rates could soar to 8% or more in coming years, reflecting the risk that high deficit spending and geopolitical stress will complicate the fight against inflation on.wsj.com/3J7ZUSO on.wsj.com/3J7ZUSO

The latest attempt to make banks cool: pay the star athlete. ⁦Kailyn Rhone⁩ on banking NIL. wsj.com/finance/bankin…

Jersey Mike’s Subs is considering a sale that could value the popular sandwich chain at $8 billion on.wsj.com/3VMk0tm on.wsj.com/3VMk0tm

Banks have tried lots of ways to attract more college-aged customers. Turning star athletes into on-campus endorsements is the newest tactic.

My latest for The Wall Street Journal: wsj.com/finance/bankin…

Peltz on CNBC this morning referenced Trian’s gains on $DIS. He prefers to use math that includes Ike Perlmutter’s gains, most of which Trian won’t get. We broke it down here:

Scoop: Trian made about $300M on Disney so far, when including its stake and its cut of Ike Perlmutter’s gains.

Its 40% return so far is roughly equal to the S&P 500’s return over the same period. $DIS wsj.com/business/nelso…