Financial Times News Feed

Investors alleged the UK-headquartered bank had issued misleading statements about compliance

HoldCo takes on KeyCorp in its fifth activist campaign of the year

Payments group will lease 300,000 sq ft at One Canada Square after move from Paddington

Plus, an Abu Dhabi fund sues to block a controversial continuation fund deal and Patrick Drahi swings back at angry creditors

In this edition: wealth and empire are inseparable from our timepieces; the women who made London the world’s divorce capital; Britain’s aristocrats have some advice for today’s billionaires; tech bros plotting breakaway cities funded by crypto

Lender scrapped plan to make Alexsandro Broedel Lopes its chief accountant after allegations emerged

There is a reason they offer more interest than bank deposits

Temasek and GIC are integral to the finances of the south-east Asian city-state. But recent returns have compared unfavourably with many global peers

Dispute highlights conflicts that can arise as investment groups sell assets between funds 

Grizzly Research claims that online review site pressured companies to subscribe to improve their ratings

Abu Dhabi fund says Energy & Minerals Group’s deal is great for the firm but not investors

In charts

Companies given the 18-month permits will have restrictions on the volume or value of business they can do

Asset management group will actively manage surplus distributed to transport company’s scheme members

No mid-tier accounting firms won mandates from large listed firms, banks or insurers last year, FRC finds

Charlie Nunn says system of tokenised deposits has potential to spark change as dramatic as invention of smartphone

New benchmark comes after rapid growth of unlisted assets sector in recent years

Landmark exercise to test resilience of $16tn finance market outside banking

Plus, Blue Owl bought its shares and Bending Spoons embraces financial engineering in Europe

Move by Energy & Minerals Group to sell stake in Ascent Resources highlights potential conflicts in ‘continuation deals’

Head of trade finance provider says some lenders made out handsomely before car parts company imploded

A chaotic seven-month search cast the net wide but ended with Mark Tucker’s interim replacement

The bank scoured the globe for candidates only to choose the person already doing the job on an interim basis

Insider purchases intended to support stock in wake of abandoned merger

Pace of change requires ‘different relationship between regulator and regulated’, Nikhil Rathi tells FT conference