Financial Times News Feed

Gifts for the risk takers and rainmakers

I’m worried about the new rules that mean my pension is subject to inheritance tax

London-based Metage Capital says FTSE 250 trust not delivering value for its shareholders

Plus, global macro hedge funds make a killing on US presidential election bets and another scandal hits Nomura 

The family that owns a historic house has decided to entrust it to the ablest member, not just the eldest son

Test case bought on behalf of 46mn credit and debit card customers ends in deal for compensation of about £200mn

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

Cryptocurrency lender’s former chief reaches agreement with prosecutors in criminal case

Deals raise question of how BlackRock’s culture will change with all these Masters of the Universe in the building

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