CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Australia’s markets regulator has sued HSBC for what it called “widespread and systemic failures” in protecting customers against scammers as governments around the world grapple with who should be held responsible for consumer fraud […]
BlackRock’s billionaire bonanza #NewsMarket
CashNews.co Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is an on-site version of the newsletter. Subscribers can sign up here to get it delivered every Monday. Explore all of our newsletters here. Does the format, content and tone work for you? Let […]
When good stocks go bad (part 2) #NewsMarket
CashNews.co This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. South Korea’s embattled president Yoon Suk Yeol was impeached by the country’s parliament over the weekend. The […]
Canal+ valued at £2.6bn on London market debut #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Canal+, the French broadcaster spun out of France’s Vivendi, traded at a value of £2.6bn on its market debut on Monday as it became the largest new listing in London this year. The company […]
Ladbrokes owner sued over anti-money laundering breaches by Australian watchdog #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Australia’s financial crimes watchdog has launched legal action against Ladbrokes owner Entain over “serious and systemic non-compliance” with anti-money laundering rules. The Australian Transaction Reports and Analysis Centre (Austrac) said on Monday that the […]
ETF savings plans look set to take Europe by storm #NewsMarket
CashNews.co Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools A revolution in the way people invest is starting to spread through Europe, sparking widespread adoption of exchange traded funds by retail investors, industry observers and research analysts say. The agent of change […]
UK to pay developers of ‘green’ gas plant if court blocks £8bn project #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. The UK government has agreed to compensate developers of a £8bn gas-fired power station and carbon capture project if much of the scheme is blocked in court by an environmental campaigner. The guarantee was […]
Revolut backers offload almost $1bn of stock #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Revolut staff and early investors have offloaded almost $1bn of stock since August, after the fintech’s UK banking licence galvanised support from big financial institutions and secured it a $45bn valuation. The London-based group […]
How ‘the mother of all bubbles’ will pop #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. The writer is chair of Rockefeller International. His latest book is ‘What Went Wrong With Capitalism’ Having tagged America’s inordinately large share of global financial markets as “the mother of all bubbles” in my […]
Australia lowers tax revenue forecast on weak Chinese economy #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Australia has felt the ripple effect of a weaker Chinese economy as it is set to cut A$8.5bn ($5.4bn) from its budget estimates due to lower anticipated income from mining taxes over the next […]