CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argentina’s libertarian President Javier Milei is slowing the monthly devaluation of the peso, doubling down on an unorthodox currency policy that he says is essential to ending the country’s inflation crisis. Milei last year […]
UK investment trusts deserve a better enemy than Boaz Weinstein #NewsMarket
CashNews.co One way to think about Boaz Weinstein’s attack on UK investment trusts is as if it were the Old Firm derby. The outcome is hugely important for those involved and irrelevant to nearly everyone else. A third group of observers have seen enough over the years to hope both sides lose. Weinstein’s New York-based […]
US sues KKR for allegedly shunning antitrust filings requirements #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your inbox. The US has sued private equity group KKR, alleging it repeatedly flouted requirements to provide antitrust regulators and enforcers with standard pre-merger filings during a wave of deals in 2021 and 2022. The […]
Top BlackRock executive Mark Wiedman to depart #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Top BlackRock executive Mark Wiedman is departing, in a move that disrupts the asset manager’s planning for the eventual departure of founder Larry Fink, according to four people close to the company. Wiedman had […]
Fintech Klarna’s loan sales suggest it is more fin than tech #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Like a shape-shifting Norse god, Swedish fintech Klarna can appear in many guises. A key challenge for investors ahead of its highly-anticipated IPO will be to work out which is its true form: is […]
BlackRock’s conscience comes with an ever-higher price tag #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock has been turning down the volume on talk of socially motivated investing. For one Texas-based federal judge, the $11tn asset manager is not pulling back enough. In this case, an American Airlines pilot […]
UK financial watchdog mistakenly named insurer placed under review #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 Financial Conduct Authority has mistakenly revealed information about plans to review an insurer, dealing a blow to the UK’s financial watchdog as it tries to ease City concerns about proposals to “name and […]
FDIC chief warns there could be ‘high price’ for slashing bank regulations #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 The US financial system could pay a “high price” if the Trump administration slashes regulations on banks too aggressively, the outgoing chair of the Federal Deposit Insurance Corporation has warned. Martin Gruenberg […]
Could EU methane rules threaten energy security? #NewsMarket
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 Hello and welcome back to Energy Source, coming to you from Washington, where energy executives are preparing […]
Rachel Reeves steps up pressure on UK regulators to scrap anti-growth rules #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Rachel Reeves will this week step up pressure on Britain’s regulators to rip up anti-growth rules, in the face of renewed criticism from business that the government is making things worse. CBI chair […]