@margotpatrick

Reporter for WSJ in London. Money - Power - Crime. [email protected]

 London
wsj.com/news/author/margot-patrick
Joined May 2013
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  • Followers3.3K
26Media
Does a Swiss bank need to be Swiss? UBS could find out wsj.com/finance/banking/a-sw… via @WSJ

A Swiss Banking Giant Thinks the Unthinkable: Moving Out of Switzerland

The bank has received approaches from potential U.S. deal partners as it publicly spars with Swiss politicians over substantially higher capital requirements.

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Oracle founder Larry Ellison put up shares in Tesla, SpaceX and Paramount Skydance this year to borrow more from banks to help pay for his son David’s takeover of Warner Bros. wsj.com/finance/larry-elliso… via @WSJ

Exclusive | Larry Ellison Went on Borrowing Spree to Bankroll His Son’s Warner Bros. Bid

The billionaire put up shares in Tesla, SpaceX and Paramount Skydance this year to borrow more from banks.

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Delaware Life became an engine for affiliated lending - WSJ shedding light on the Mark Walter investments here 👀wsj.com/finance/how-mark-wal… via @WSJ

See How Mark Walter Turned a Ho-Hum Insurance Company Into a Risk-Taking Lender

Delaware Life has transformed into a private-credit lender, with a much higher concentration of riskier investments than typical insurers.

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How money moved across Mark Walter’s empire ft.com/content/97999668-dd71… via @ft

How money moved across Mark Walter’s empire

Flows raise questions about whether financier drew on insurance assets to help ease financial troubles elsewhere

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Georgian developers are planning to launch marketing on the Trump Tower Tbilisi, a skyscraper poised to be the Caucasus country’s tallest wsj.com/politics/policy/the-… via @WSJ

The Latest Spot for a Trump Tower: An Ex-Soviet Republic Moving Closer to Russia

Developers are planning to launch marketing on the Trump Tower Tbilisi, the latest foreign project for the Trump family’s business.

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U.K.’s Reform Party rakes in record $97 million donations from crypto world wsj.com/world/uk/u-k-s-refor… via @WSJ

U.K.’s Reform Party Rakes In Record $97 Million Donations From Crypto World

A businessman pardoned by President Trump backed Nigel Farage’s party with roughly $48.7 million, a sum quickly matched by a second donor.

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A mystery Polymarket user earned about $22,000 with a series of near-perfect bets on the quarterly earnings of companies that had one thing in common: they were all audited by KPMG wsj.com/business/c-suite/clu… via @WSJ

Exclusive | Cluster of Polymarket Accounts Won Big on Companies Audited by KPMG

Findings come after The Wall Street Journal reported that a KPMG employee is under investigation for alleged insider trading.

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Dodgers owner Mark Walter’s insurance empire made investments in an unusual way compared with peers: It invested a lot in the short term. wsj.com/finance/mark-walter-… via @WSJ

Most Insurers Invest for the Long Term. Mark Walter’s Did the Opposite.

Billions in short-term loans made to affiliates were due to mature by the end of August, which could ratchet a funding squeeze on the Dodgers’ owner.

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Scoop wsj.com/finance/prosecutors-…

Exclusive | Prosecutors Focus on Four Businesses Tied to Dodgers Owner Mark Walter

Proceeds from loans made by Walter’s insurers passed through firms purportedly controlled by each of these four entities.

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Swatch’s Riotous Audemars Collab Boosts Sales, but Not Bottom Line wsj.com/livecoverage/stock-m… via @wsj

Swatch’s Riotous Audemars Collab Boosts Sales, but Not Bottom Line

Swatch Group saw a 9% surge in sales in the first half, helped by demand for its co-branded Audemars Piguet watches that sparked riots in May. But its shares slipped. In U.S. dollars, net profit came...

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“There’s a lot of dust in the air” wsj.com/finance/stocks/space…

SpaceX Shares Stumble in Nasdaq-100 Debut

The rocket maker’s stock fell below its first-day opening price amid a broader tech slump.

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Margot Patrick retweeted
Daniel Ahmad
@ZhugeEXJul 5
Surprising (not really) stat from the new UBS Global Wealth Report 2026. The US ranks #2 when you look at average (mean) wealth per adult, but drops to #28 when you look at the median. ubs.com/content/dam/assets/w…
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But ignorance might not be bliss? wsj.com/opinion/what-happens…?

What Happens When Europeans Find Out How Poor They Are?

The Continent trails far behind U.S. economic output. Politics is bound to catch up sooner or later.

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Here, some Europeans decided they prefer home wsj.com/us-news/european-soc…?

European Soccer Fans Marvel at the Splendor of America’s Suburbs

Dutch fans in Missouri see a nation that is risky and expensive, but vast and bountiful.

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Where to live, US vs Europe? Personal wealth is twice as much in the US, UBS Global Wealth Report shows
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Dutch fans who flooded Kansas City and its suburbs this past week got a taste of life in the U.S., reigniting a debate: Who lives better, Americans or Europeans? wsj.com/us-news/european-soc… via @WSJ

European Soccer Fans Marvel at the Splendor of America’s Suburbs

Dutch fans in Missouri see a nation that is risky and expensive, but vast and bountiful.

wsj.com
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Jho Low, the alleged mastermind of one of the greatest financial frauds in history, is asking President Trump for a pardon  wsj.com/finance/jho-low-fugi… via @WSJ

Jho Low, Fugitive Behind 1MDB Scandal, Seeks Pardon From Trump

The Malaysian financier recently submitted a pardon request, some 10 years after he disappeared amid a $4.5 billion scandal.

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