Financial Times News Feed

Consolidation and harmonisation would help lenders reap the benefits of scale

Planned $17bn friendly tie-up between Shin Kong and Taishin would be country’s biggest financial sector merger

Hedge fund replication ahoy

Opposition politicians riled by top government officials caught unaware of talks with Italian lender

Former PwC partner Tim Ryan will take over data overhaul team from Anand Selva

Critics warn of risks in selling illiquid and hard-to-value products to less experienced retail buyers

Shares of Bajaj Housing Finance shot up by as much as 130% on trading debut

Plus, the latest gold rush, multi-manager outflows, and Van Gogh at the National Gallery

Planned listings follow 2023 launch of Hong Kong’s first Saudi equities ETF, which has attracted $1.25bn in assets

$4bn secondary listing is exchange’s biggest offering since 2021 but does not signal a revival, say analysts

No estate agent? No estate agent fee . . . with the current challenging landscape for selling a flat, one frustrated homeowner took matters into his own hands

Insurers are receiving a very handsome reward for such a low-risk business

Led by a onetime dealer in death benefit settlements, the leveraged buyout pioneer evolves into a bulge-bracket lender

Declining mortgage rates and certainty of a new government deliver autumn boost to market

Noteus set up by former Eurazeo team to back start-ups as tech investment recovers

Greystar chief says caps should not stop institutional investors funding new homes

As things stand, there is limited evidence that a broadly based backstop is needed

Tech investors cautiously return to market that has been battered over past two years

Sales include stakes in Commerzbank, NatWest, ABN Amro and Monte dei Paschi di Siena

Chief executive says primary insurers could simply choose to buy less cover

Banks have played silly endgames on capital. They win silly prizes as a result

Private equity firms meeting in Paris say they are hell-bent on returning cash to investors after higher interest rates hurt returns

Sovereign fund invests through share sale that nets London-based fintech founder Nik Storonsky at least $200mn

The Financial Conduct Authority has expressed worries that some products may be poor value

(No)