CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Gold is on track for its worst week in more than three years as Donald Trump’s US election victory and a strong dollar send bullion’s historic rally into reverse. After jumping more than 35 […]
L&G to axe jobs in new asset management division #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Legal and General is planning to cut jobs in its asset management division following a restructuring earlier this year, as the insurance company attempts to cut costs and boost returns. Up to 20 investment […]
Investors want more urgency from Europe in tackling its economic problems #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Eurozone debt crisis a decade ago was grim for all concerned. Even aside from the impact on people’s lives, every lurch lower in the euro felt a step towards the brink of an […]
US shale boss Chris Wright leads race to be Donald Trump’s energy secretary #NewsMarket
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Shale boss Chris Wright is the frontrunner to be Donald Trump’s energy secretary, a role which would put the oilman at the heart of the administration’s drive to loosen restrictions on the […]
H2O investors file legal challenge to €250mn FCA settlement #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A group of 10,000 investors who lost money in H2O Asset Management’s illiquid investment scandal has filed a legal challenge in London against the Financial Conduct Authority, which approved what they allege to have […]
why a key regulatory tool is under attack from Wall Street #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. How important is transparency in markets? It’s not a front-of-mind thought for most investors as they place a trade — a sign that confidence in market integrity is high. But what if a lawsuit […]
UK unveils shake-up of financial compensation rules #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The system for handling UK financial services complaints is to be overhauled to avoid more costly “mass redress events” in the latest sign of how politicians are pushing to ease the regulatory burden […]
How London snared France’s Canal+ to revive moribund listing market #NewsMarket
CashNews.co The irony that a French company is set to become the largest flotation in London for more than two years, a time when homegrown corporate successes have shifted to the US, has not been lost on bankers in the City. Canal+ is not just any French company, but one that carries deep “cultural significance” […]
Vaccine stocks hit by Robert Kennedy Jr nomination #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors dumped shares in vaccine makers and pharmaceutical groups on Friday, as concerns grew over Donald Trump’s nomination of vaccine sceptic Robert F Kennedy Jr as the top US health official. US-listed vaccine makers […]
A new plan for finding climate cash #NewsMarket
CashNews.co This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around […]