Financial Times News Feed

White House’s demand for limit on what issuers can charge rattles investors

Lenders say a cap on interest rates is unfair as they need a generous margin in order to offer unsecured credit

Isidro Fainé runs the Caixa Foundation but the 83-year-old’s age and dominance are causing disquiet

Simon Carter to step down from FTSE 100 property group to head P3 Logistics

Lender argues that proposals to significantly increase requirements have already cost investors $40bn

Plus, funds brace for AI ‘reckoning’, US jobs and Grayson Perry

Billionaire Francesco Gaetano Caltagirone and allies are close to gaining control of Generali

Steep rise in fee revenues raises hopes for prolonged rebound after years of lacklustre performance

Changes in shopping habits have widened the split between those catering to well-off customers and those facing bankruptcy

Deals in which investors sell holdings in ageing funds set to hit $110bn

Lossmaking sales are the latest sign of weakness in the capital’s property market

University of Glasgow researcher says trend raises transparency concerns for investors

Academics including France’s Thomas Piketty press MEPs to resist ‘shortsighted’ lobbying against project

Nascent strategic shift complicated by sudden departure of chief who led group’s rebirth as a US-focused insurer

President demands one-year limit should come into force on January 20 but gave no details

JPMorgan seeks to rein in expenses related to legal action on fraud claims over a fintech start-up it acquired

Active managers such as Nick Train and Terry Smith have struggled amid the rise of passive funds and US tech stocks

With stocks, passive management is king — but bond funds do not work the same way

Number of private wealth-management companies for rich individuals has grown in the US over the past decade

Estate of bankrupt car parts maker alleges ‘unlawful scheme to defraud creditors out of billions of dollars’

Britain arrived late to the BTR party, and has taken time to find its groove. But now the shared-amenity model is poised to radically reshape the urban rental landscape

Rokos Capital returned 31% in 2024 following wild swings in equity, bond and commodity markets

Move is second change to European leadership team in quick succession

Contentious restructuring has led to rare public fight between holders of derivatives designed to protect against default

US banks are positioning themselves for long-term opportunities in energy and infrastructure