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Competition in savings and mortgage markets and rate cut expectations weigh on margins
Plus, Thames Water’s not-so-secure securitised bonds and the FTC tries to curb luxury sector dominance
The industry has not had much to celebrate of late but some things are looking up
Deal with Atlas SP comes after private capital group acquired unit from Credit Suisse
Lee Robinson’s expertise was ‘like having Lionel Messi on your team’. Now his relationship with Warrington is under scrutiny
Regulator says sector needs a consolidated view to avoid a repeat of Archegos fiasco
Huge bullish bets on Shanghai exchanges show growing clout of Asian traders in market for precious metal
Decision hurts David Handler’s chances of securing potentially millions of dollars in equity he sought from the elite M&A boutique
JPMorgan Chase chief says in interview that he’d ‘love to be president, but you’d have to anoint me’
Record profits at lender will bolster state coffers to help fund war on Ukraine
Market share of 44% in fast-growing part of industry far exceeds Pimco’s 15% and Fidelity’s 11%
Home loans with interest rates fixed for a decade or more could get more buyers on to the ladder — and disrupt a £1.6tn industry
Plus, big consulting firms look to pare down their ranks and Blackstone makes a bid for Hipgnosis
Leading players look to partner with banks rather than be their adversaries
The London-based fintech has hired a TikTok executive to lead a ‘media strategy’ as it seeks to diversify revenues
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continent
Regulator confronts growing concerns within government that move will undermine competitiveness
US manager known for aggressive approach bets markets are too pessimistic about potential losses on utility’s debt
Policymakers should remain vigilant about outstanding risks to the global financial system
Anne Brorhilker, who led investigation into ‘cum-ex’ scandal, accuses judiciary of being too lenient on white-collar crime
The basic issue for the sector is that revenues are flatlining
Co-founder Steve Koltes and backers including Singapore’s GIC are also selling shares in the private equity firm’s listing
TLcom Capital doubles previous amount to raise $154mn for continent’s start-ups in a move that could help ease sector gloom
Debt instrument has been in spotlight since holders of Credit Suisse additional tier 1 bonds lost $17bn last year
Eiopa head says rise in losses from natural catastrophes needs to be addressed by firms and member states
International Edition