Financial Times News Feed

Development Finance Corporation to offer coverage in hopes of restarting shipping through Strait of Hormuz

Company has been sued by one customer and told potential investors it suffered from accounting failures

Barclays among the lenders central bank’s PRA is scrutinising amid due diligence concerns

Regional lender files lawsuit against investment bank in New York state court on Friday

Move follows a number of wealthier customers switching to rival investment platforms

Decision taken after withdrawal requests at flagship HPS Corporate Lending Fund surged to 9.3% of net asset value

Or at least, extremely rarely

Don’t panic about gyrating markets, work through this personal finance checklist instead

Think like a family office and take an intergenerational view

Plus Korea’s rollercoaster market

But data is fun

As Iranian missiles target the UAE, wealthy people are chartering flights into Dubai to maintain their tax residency status

High street lender wants to reduce technology costs by 35% this year, internal documents show

Swiss bank to take slice of fees from private capital funds in a move raising questions about its selection decisions

Institutional clients increasingly want so-called parallel funds that exclude certain assets

US lacks firepower to provide $350bn in coverage needed to revive Strait of Hormuz transits, JPMorgan says

CEO’s move comes with company’s holdings of cash and short-term Treasury bills at a record $373bn

Hedge fund seeks stake in fund that sharply limited investor redemptions in 2024 at 20% haircut

Deal is latest sign of growing ties between Wall Street and digital assets industry

London-based fintech says move influenced by Trump administration’s willingness to permit new players

Aviva and Admiral bosses predict their cover will be needed for decades

Several listed ‘business development companies’ have had to slash dividends and write down asset values

In a sluggish market, canny tactics can be presented as a silver bullet. In London, a below-the-radar approach continues to seduce. But the strategy has mixed results

Creditors owed more than £2bn have made allegations of fraud at insolvent business