US President Trump said he believes a specific threat prompted the withdrawal of US bombers from UK bases.

Semafor reports the New York Fed has begun visiting major banks to review loans to private‑credit firms and assess related exposures. Fed officials have met with JP Morgan, Wells Fargo, Barclays and Morgan Stanley since spring to question overall exposures, risk management and collateral quality. The probe was partly prompted by JP Morgan’s March write‑downs of large positions in its private‑credit portfolio, notably loans to software companies seen as vulnerable to AI. Sources say the Fed has completed reviews at some banks, including JP Morgan.

BofA, CITIGROUP and MORGAN STANLEY have started syndicating $60 bln of debt to finance ANTHROPIC’s leasing of Google AI chips, the largest chip financing to date. About $42 bln is a Broadcom-backed senior secured loan whose syndication began Monday; a $18 bln subordinated tranche without Broadcom backing will be launched later, with Blackstone committed to roughly $9 bln. Proceeds will fund ANTHROPIC’s 2027 chip orders and lease payments will begin after delivery. Broadcom may also receive up to $42 bln of convertible notes to cover related lease fees. The transaction is being treated as a barometer of market appetite for AI-related debt.