Financial Times News Feed

Deal is latest move by chief Larry Fink to accelerate group’s expansion into alternative assets

Three US life insurers in ‘hazardous financial condition’ after sports buying spree unravels

Threat to accounting board is greatest since it was created in the wake of the Enron audit scandal, accounting veterans say

Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequences

Government stake in UK bank has fallen to below 11%

Former wealth management staff arrested after allegedly setting customers’ house on fire

Financial Conduct Authority values disclosure over ‘corporate behaviour’, says Nikhil Rathi

Manager claims to be first to offer strategy in a money market fund-regulated actively managed ETF in Europe

Asset managers call for removal of ‘disincentive’ to property spending north of the border

Long jail sentence for 82-year-old former oil trader is sign of ‘zero tolerance’ for fraud

A year away has taught me a lot about the industry — and I still see opportunities on offer

Plus, information provider to corporate credit investors 9fin raises cash, and CFA candidates drop sharply

Element Capital and Graham Capital among macro managers that did well out of recent market swings

Wealth manager trims workforce as part of a restructuring to slash £100mn of expenses

Private equity group and Singaporean sovereign wealth fund to control smart meter provider

Cost of a typical home rises at fastest rate of annual growth since November 2022

Plus, Ken Leech charged, European gas premium, and the FT’s best books of 2024

Founder of London-based company predicts winning research company could generate $1bn a year in revenue

Lagarde envisages a new investment structure to guarantee common standards and low costs

Appointment comes as firm seeks overseas growth and business from non-doms quitting UK

FT Seasonal Appeal backs charities devoted to financial literacy and free school meals

Landlords that fail to meet deadline will face ‘severe penalties’, says housing ministry

Changes in asset management industry threaten relevance of CFA qualification

Optimism after £2.5bn sale of mortgages to NatWest

Parental support has effects well beyond getting on the housing ladder