Financial Times News Feed

Swedish ‘buy now, pay later’ fintech was set to launch its so-called IPO roadshow to investors next week

Plus, market volatility snags a debt refinancing by Vista Equity Partners and start-up Plaid suffers a big valuation drop

Allowing Gen Z early access to retirement savings is not going to build more houses

US hedge fund seeks investor support to divest assets and install new board members to unlock value

Financiers thought Trump would usher in a pro-business era but financial stocks have stumbled as tariff plans became clear

Banking regulator finds 60 out of 267 banks have insufficient US dollar funding to cover exposures in the currency

Importantly, a lot of risk has already been factored in by both investors and the banks themselves

Company owned by Vista Equity Partners had been seeking to pay down big private credit debt

Pioneer of open banking will use $575mn raised from BlackRock and others to cover employee taxes and share buybacks

Primary Health Properties aims to beat KKR-led investors despite lower-value bid

Blackstone, KKR and EQT among buyout groups raising concerns over government reforms

Plus, private equity groups push to change part of the UK’s proposed carried interest tax and British conglomerate Jardine Matheson begins a new era

Shareholders claim audit firm helped hide difficulties at South Carolina power project

Estate management company increased provision by £337mn after discovering new faults

Thefts have cast a shadow over an industry already under scrutiny

PRA censures former chief investment officer for failings while on the board of Sanjeev Gupta’s lender

Penalty against DWS imposed by German prosecutors follows $19mn settlement with US authorities in 2023

An ECM Cinderella story

US firm is latest crypto group to try to take advantage of more favourable environment towards industry under Trump

Trafigura, Vitol, Gunvor and Mercuria in major expansion drive as they deploy windfall profits from energy crisis

Fund aims to combat antisemitism and advocate for Israel and Jewish values through engagement with US corporations

Pakistan’s Meezan Bank is the country’s most profitable bank. How?

Increase in savers and government push to boost credit put pressure on lenders

Case involving murder of Brian Thompson has unleashed fraught debates over country’s for-profit healthcare

Financial regulator’s submission to Supreme Court comes at start of pivotal three-day hearing