CashNews.co Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your inbox. The Federal Reserve has this week announced it will scale back plans to increase the level of capital the largest US banks are required to have to cover potential losses, following criticism from […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy There is virtually no doubt that the Federal Reserve will initiate an interest rate-cutting cycle next Wednesday. Indeed, recent […]
CashNews.co Peter Harrison was nicknamed “The Prince of Wales” when he rejoined Schroders as head of equities in 2013, such was the conviction among the FTSE 100 asset manager’s staff that he was the anointed successor to chief executive Michael Dobson, who he replaced three years later. Harrison’s own succession, announced this week, was not […]
CashNews.co Stay informed with free updates Simply sign up to the Professional services myFT Digest — delivered directly to your inbox. Vialto, the global tax and immigration consultancy that used to be part of PwC, is planning to restructure $1.5bn of debt loaded on to the business in a private equity buyout just two years […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Forty years ago Ireland had a high number of emigrants and very few multinational corporations. Then it became a tax haven. Today, the country is the headquarters for the European arms of companies such […]
CashNews.co US regulators have identified lapses in Wells Fargo’s anti-money laundering and financial crimes risk management practices, the latest compliance issue for the US bank. The Office of the Comptroller of the Currency, one of the main US banking regulators, said on Thursday that Wells, the fourth-largest US lender by assets, had agreed to take […]
CashNews.co This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning, and welcome back to Energy Source, coming to you from New York. Oil prices slid to […]
CashNews.co Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Springer Nature, one of the world’s biggest academic publishers, has announced plans for a long-delayed initial public offering, in a major test of appetite for fundraising on Europe’s public markets. The Berlin-based company, which is […]
CashNews.co Stay informed with free updates Simply sign up to the Energy sector myFT Digest — delivered directly to your inbox. The UK and Scottish governments unveiled a £100mn package to “secure Grangemouth’s industrial future” after Petroineos said it would end operations at Scotland’s sole oil refinery with a net loss of 400 jobs and […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock and Partners Group have struck a deal to offer model portfolios containing private equity, private credit and real estate funds in the latest effort by big money managers to sell alternative assets to […]