Financial Times News Feed

Bank explores extension of chief executive Sergio Ermotti’s tenure as it prepares for continued uncertainty

As Dubai panics over the escalating conflict in the Middle East, its status as a haven for wealthy expats may be in jeopardy

Investors pull net $1.7bn out of vehicle over first quarter as industry strains intensify

EM stocks and currencies come under pressure as US dollar jumps

Insolvency of UK property lender is the latest failure to raise questions about credit quality and diligence

Companies are taking on huge amounts of debt to fund LLM and data-centre build-outs

Plus, Victory Capital outbids Nelson Peltz, investors chase asset-heavy stocks and Le Cordon Bleu’s unusual wine tasting

Barclays to reduce stake in Australian investment bank to 4.9% after sale to Magellan Financial Group

Bank among lenders to have identified issues with Market Financial Solutions after other high-profile failures

Former Goldman CEO says finance industry should plan as though another 2008-style meltdown is coming

Will high street lenders persist with disciplined growth plans or take riskier bets to boost fee income

Fears mount that outflows may soon overwhelm inflows to some of largest players

Jon Thompson to chair UK subsidiary Vocalink as it prepares to compete to build a new payments platform

Filings show CEO has made good on promise to slim down central bureaucracy of Big Four accounting firm

New chief executive publishes his first letter to shareholders after Warren Buffett’s retirement

Move underscores tensions between Wall Street banks and clients as businesses converge

Brokers say cost of cover to increase by as much as 50% after conflict erupts

UK pension group says all talks are in early stages and there is no certainty of an agreement

Increased buying of mortgage securities by Freddie Mac and Fannie Mae marks a return to a risky business model

Co-founder of private capital giant stands to make more than $1bn each year from dividends

Investors fret over growing strains in private credit and risks of AI disrupting the software industry

Lenders weigh losses linked to Market Financial Solutions, which financed a Bangladeshi politician’s real estate empire

Katharine Braddick’s appointment to PRA comes as government seeks to reform regulation to boost growth

The ARKK trade 2.0?

Balneário Camboriú has the country’s most expensive real estate and some of South America’s tallest residential towers. Can it lure overseas buyers?