Jane Street just eclipsed Goldman Sachs and JPMorgan as the biggest trading house on Wall Street. It pulled in nearly $40 billion in trading revenue in 2025. And it’s so enigmatic that to the outside world, it’s unclear who’s even in charge.

On today’s Big Take podcast, David Gura talks to finance reporters Max Abelson and Katherine Doherty on their reporting on who’s calling the shots at the firm and why it matters to global markets.

Read more: Who’s Who at Jane Street

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Host: David Gura; Guests: Max Abelson and Katherine Doherty; Produced by David Fox; Edited by Jeffrey Grocott; Engineering by Sean Carter.

Jane Street just eclipsed Goldman Sachs and JPMorgan as the biggest trading house on Wall Street. It pulled in nearly $40 billion in trading revenue in 2025. And it&rsquo;s so enigmatic that to the outside world, it&rsquo;s unclear who&rsquo;s even in charge.
On today&rsquo;s Big Take podcast, David Gura talks to finance reporters Max Abelson and Katherine Doherty on their reporting on who&rsquo;s calling the shots at the firm and why it matters to global markets.
Read more: <a href="https://www.bloomberg.com/features/2026-jane-street-guide-power-players/">Who&rsquo;s Who at Jane Street</a>
We have a special Bloomberg subscription offer for podcast listeners at&nbsp;<a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host: David Gura; Guests: Max Abelson and Katherine Doherty; Produced by David Fox; Edited by Jeffrey Grocott; Engineering by Sean Carter.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Inside the Enigmatic Firm That Rules Wall Street

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/947bb858-7725-41b9-a0bc-b4de014c6b52/transcript

Ultra-wealthy individuals in the UK have been fleeing the country, after sweeping Labour Party tax reforms led to a crackdown on overseas wealth. For the first time, new data from the Bloomberg Billionaires Index reveals just how much money is at stake with the exodus.

On today’s Big Take podcast, host Sarah Holder talks to Bloomberg’s Benjamin Stupples about the UK’s $160 billion problem and the impact it could have on Britain’s economy.

Read more:
London Takes a Hit as Super Rich Worth $160 Billion Exit UK
“Taxation and Migration by the Super-Rich” (2025 CESifo Working Paper) 
Bloomberg Billionaires Index

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Host: Sarah Holder; Guest: Benjamin Stupples; Produced by Julia Press, Julia Weaver; Edited by Paddy Hirsch, Aaron Edwards; Engineering by Emma Munger.

Ultra-wealthy individuals in the UK have been fleeing the country, after sweeping Labour Party tax reforms led to a crackdown on overseas wealth. For the first time, new data from the Bloomberg Billionaires Index reveals just how much money is at stake with the exodus.
On today&rsquo;s Big Take podcast, host Sarah Holder talks to Bloomberg&rsquo;s Benjamin Stupples about the UK&rsquo;s $160 billion problem and the impact it could have on Britain&rsquo;s economy.
Read more:
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/features/2026-10-04/billionaire-exodus-from-uk-leaves-160-billion-hole?srnd=undefined">London Takes a Hit as Super Rich Worth $160 Billion Exit UK</a></li>
<li aria-level="1">&ldquo;<a href="https://www.ifo.de/en/cesifo/publications/2025/working-paper/taxation-and-migration-super-rich">Taxation and Migration by the Super-Rich</a>&rdquo; (2025 CESifo Working Paper)&nbsp;</li>
<li aria-level="1"><a href="https://www.bloomberg.com/billionaires/">Bloomberg Billionaires Index</a></li>
</ul>
We have a special Bloomberg subscription offer for podcast listeners at&nbsp;<a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host: Sarah Holder; Guest: Benjamin Stupples; Produced by Julia Press, Julia Weaver; Edited by Paddy Hirsch, Aaron Edwards; Engineering by Emma Munger.

What Happens When the Billionaires Brexit

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0ccbdaa0-4469-4aeb-8807-b4dd01482c6b/transcript

President Trump is campaigning in Texas on Wednesday, rallying voters in a state that’s long been a Republican stronghold. His efforts in traditionally red states around the country show how surprisingly close many of these midterm races have become — and the outcome will determine if Trump’s party can hold onto the Senate and advance his agenda for the next two years.

On today’s Big Take podcast, Texas bureau chief Julie Fine and Washington correspondent Josh Wingrove join host Sarah Holder to break down the ultra-expensive, surprisingly competitive Texas Senate race and what it would mean for Trump’s presidency if he loses the Lone Star state.

Further Listening: 
Can $700 Million Buy Republicans the US Senate?
Europe’s Debt Problem Is Back

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Host: Sarah Holder; Guests: Julie Fine, Josh Wingrove; Produced by David Fox, Julia Press; Edited by Naomi Shavin; Engineering by Sean Carter.

President Trump is campaigning in Texas on Wednesday, rallying voters in a state that&rsquo;s long been a Republican stronghold. His efforts in traditionally red states around the country show how surprisingly close many of these midterm races have become &mdash; and the outcome will determine if Trump&rsquo;s party can hold onto the Senate and advance his agenda for the next two years.
On today&rsquo;s Big Take podcast, Texas bureau chief Julie Fine and Washington correspondent Josh Wingrove join host Sarah Holder to break down the ultra-expensive, surprisingly competitive Texas Senate race and what it would mean for Trump&rsquo;s presidency if he loses the Lone Star state.
Further Listening:&nbsp;
<ul>
<li aria-level="1"><a href="http://swap.fm/l/ga3HvwygepSuOkDhYVej">Can $700 Million Buy Republicans the US Senate?</a></li>
<li aria-level="1"><a href="http://swap.fm/l/gGo4xc7SjDcOVibJBEKm">Europe&rsquo;s Debt Problem Is Back</a></li>
</ul>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host: Sarah Holder; Guests: Julie Fine, Josh Wingrove; Produced by David Fox, Julia Press; Edited by Naomi Shavin; Engineering by Sean Carter.

Could Democrats Actually Flip Texas This Time?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c9ed4b91-22bc-42cf-af0b-b4dc0150c9d7/transcript

Beyond software and chips, the AI boom relies on good old-fashioned manufacturing of essential components – a skill that has made a new class of people very, very rich.

On today’s Big Take Asia podcast, host Oanh Ha talks with Bloomberg reporter Cindy Wang and Opinion columnist Catherine Thorbecke about how nimble producers—think toilet manufacturers and furniture makers—pivoted to this booming industry, and the risks of concentrating too much AI manufacturing in one part of the world.

Read more: ‘Like It’s Raining Gold’: The AI Boom’s Unexpected Billionaires

Bloomberg Billionaires Index: 500 of the World’s Richest People 

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by K. Oanh Ha; Guests: Cindy Wang, Catherine Thorbecke; Produced by Naomi Ng and Yang Yang; Edited by Crispina Robert and Paddy Hirsch Engineering by Greg Tock.

Beyond software and chips, the AI boom relies on good old-fashioned manufacturing of essential components &ndash; a skill that has made a new class of people very, very rich.
On today&rsquo;s Big Take Asia podcast, host Oanh Ha talks with Bloomberg reporter Cindy Wang and Opinion columnist Catherine Thorbecke about how nimble producers&mdash;think toilet manufacturers and furniture makers&mdash;pivoted to this booming industry, and the risks of concentrating too much AI manufacturing in one part of the world.
Read more: <a href="https://www.bloomberg.com/news/features/2026-09-15/how-the-ai-boom-is-minting-billionaires-rewarding-picks-and-shovels-sellers?srnd=undefined">&lsquo;Like It&rsquo;s Raining Gold&rsquo;: The AI Boom&rsquo;s Unexpected Billionaires</a>
<a href="https://www.bloomberg.com/billionaires/">Bloomberg Billionaires Index: 500 of the World&rsquo;s Richest People</a>&nbsp;
We have a special Bloomberg subscription offer for podcast listeners at<a href="https://www.bloomberg.com/subscriptions/podcasts"> Bloomberg.com/podcastoffer.</a>
Hosted by K. Oanh Ha; Guests: Cindy Wang, Catherine Thorbecke; Produced by Naomi Ng and Yang Yang; Edited by Crispina Robert and Paddy Hirsch Engineering by Greg Tock.

The Surprising People Getting Very Rich Off AI 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9cb94873-19db-4b89-a303-b4db015ee58c/transcript

Inside the Enigmatic Firm That Rules Wall Street

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