Let’s stop blaming retail investors for wonky markets

They are finance’s saviours as well as its villains
em 07/05/26 01:57 pm

Citi disappoints investors with modest profit targets

Shares in Wall Street bank fall 3% in pre-market trading
em 07/05/26 01:32 pm

Lloyd’s of London debates disclosing findings of probe into governance concerns

Insurance market hired Freshfields to investigate promotion of executive close to then-CEO
em 07/05/26 12:27 pm

Private equity tech investor Hg marks down holdings after software sell-off

Listed vehicle Hg Capital Trust cut valuations of 14 of its 20 largest portfolio companies
em 07/05/26 11:03 am

UniCredit to sell parts of its Russian business

Bank says move will hit profits by up to €3.3bn
em 07/05/26 10:48 am

Marc Rowan rips private capital’s marks

Apollo Global chief executive warns about ‘day one mark-ups’ of private equity funds sold to retail investors
em 07/05/26 04:00 am

Europe’s banks hope ‘friendshoring’ will apply to them too

Geopolitical tensions have raised concerns about US services becoming harder to obtain if relationships sour
em 07/05/26 04:00 am

Wells Fargo whistleblower appeals for restoration of $180mn award

Payout to bank’s former security chief was cut to $55mn two weeks after Trump appointee became SEC chair
em 07/05/26 04:00 am

Tech rally hands hedge funds biggest gains since 2020

Industry posts 5% returns in April as stocks including Intel, Alphabet and AMD soar
em 07/05/26 04:00 am

LVMH looks to shrink its luxury empire

The industry leader is looking at selling brands, including Marc Jacobs and Fenty Beauty, in one of the biggest pullbacks in its history
em 07/05/26 04:00 am

The leverage layer cake behind HSBC’s private credit losses

HSBC did not lend to collapsed mortgage provider MFS. It took a $400mn hit anyway
em 06/05/26 11:01 pm

Duke of Westminster’s real estate group to sell properties after losses in US

Grosvenor takes writedowns on North American sites and pledges to reinvest sale proceeds in joint ventures
em 06/05/26 09:30 pm

Carlyle teams with Diversified Energy on $1.2bn oil and gas venture

Private equity firm seeks to securitise future revenue from well production to private credit investors
em 06/05/26 08:30 pm

Tabloid tale of ‘sex slave’ banker sets Wall Street imaginations aflutter

Roles reversed in claim by ex-JPMorgan employee in industry where misconduct accusations almost always involve men
em 06/05/26 07:01 pm

PayPal, Mastercard and Visa probed over alleged UK antitrust breaches

Move is rare exercise of Financial Conduct Authority’s competition law powers
em 06/05/26 05:40 pm

Morgan Stanley to launch spot crypto trading on E*Trade platform

Wall Street bank becomes one of a handful of big lenders to offer service
em 06/05/26 03:51 pm

Landlords and second-home buyers squeezed by stamp duty surcharge

Buyers of additional properties now pay the lion’s share of SDLT in most English local authorities
em 06/05/26 03:49 pm

Apollo chief says retail fund mark-ups ‘make no sense’

Marc Rowan criticises paper returns of popular private equity funds sold to retail investors
em 06/05/26 10:31 am

UK watchdog launches probe of claims management companies

FCA to investigate ‘poor practices’ and ‘aggressive marketing’ in sector gaining ground amid car finance mis-selling scandal
em 06/05/26 08:43 am

Watchdog raises alarm over private credit vulnerabilities

Warning that banks may find it difficult to manage risks comes a day after HSBC disclosed $400mn hit
em 06/05/26 06:00 am

Crypto’s ‘decentralised finance’ sector hit by investor exodus after hacks

DeFi was once touted as the future of finance but traders have grown concerned over the security of these projects
em 06/05/26 04:00 am

Santander to remove TSB brand from British high streets after 215 years

Spanish bank to run combined business as Santander UK after £2.65bn takeover
em 06/05/26 04:00 am

We must be mindful of the risks of private credit

The sector remains untested in a severe or prolonged economic downturn
em 06/05/26 04:00 am

Can Britain’s star tech investor dodge the SaaSpocalypse?

Delayed IPO of €19bn software group Visma was meant to be a crowning moment for PE group Hg — and London
em 06/05/26 04:00 am

Could the US scrap quarterly reporting?

The Securities and Exchange Commission has proposed allowing public companies to file earnings reports semi-annually
em 06/05/26 04:00 am