@margotpatrick

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

 London
wsj.com/news/author/margot-patrick
Joined May 2013
  • Tweets4.5K
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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.

wsj.com
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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.

wsj.com
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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

ft.com
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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.

wsj.com
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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.

wsj.com
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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.

wsj.com
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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.

wsj.com
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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.

wsj.com
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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...

wsj.com
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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.

wsj.com
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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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Where to live, US vs Europe? Personal wealth is twice as much in the US, UBS Global Wealth Report shows
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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.

wsj.com
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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.

wsj.com
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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.

wsj.com
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The Rothschild dynasty survived wars, financial crises and persecution. The Epstein scandal threatens to deepen a divide among two rival Rothschild banks. wsj.com/finance/banking/the-… via @WSJ

The Rothschild Dynasty Survived Wars and Crises. Will the Epstein Files Tear It Apart?

Ariane de Rothschild’s association with the sex offender tests a truce between two banks that share the dynastic name.

wsj.com
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"Back leverage" -- more private credit lingo for banks with back-door exposure to borrowers. In this case HSBC had a $400M+ loan to an Atlas SPV lending to collapsed mortgage broker MFS wsj.com/finance/the-opaque-p… via @WSJ

The Opaque Private-Lending Deals That Left HSBC With a $400 Million Hole

The British bank turns out to be one of the most exposed lenders affected by the collapse of mortgage broker Market Financial Solutions, through a complex loan via a chain of special-purpose vehicles.

wsj.com
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UBS refused to hand over privileged documents in a probe into Credit Suisse’s Nazi-linked accounts, citing risk of new financial claims bloomberg.com/news/articles/…

UBS Won’t Release Nazi Accounts Settlement Files Sought by Investigator After Court Setback

UBS Group AG says it won’t hand over a stash of privileged documents for a probe into Credit Suisse’s handling of Nazi-linked accounts after failing to win assurances that doing so wouldn’t expose it...

bloomberg.com
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Ghost towns and wasted caviar: Saudi Arabia’s futuristic agenda was already in trouble. War in Iran plunged it deeper into jeopardy. wsj.com/world/middle-east/sa… via @WSJ

Saudi Arabia’s Grand Vision Slams Into Financial Reality—and the Iran War

The crown prince’s futuristic agenda was plagued by budget shortfalls and impractical designs. War plunged it deeper into jeopardy.

wsj.com
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