Financial Times News Feed

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

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

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?

Net zero alliance relaunches with top US names missing but European and Japanese peers still on board

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

Canadian group taps industry veteran for private asset expertise as it pushes into UK retirement market

Plenty of readers admit to using AI already; others have major concerns

Asset manager’s chief to embrace AI and introduce new pay scheme to make firm the ‘best wealth manager’ in UK

Business development company FSK’s latest filings offer a look at unravelling buyout deals

Outcome of take-private fight offers lessons for similar battles taking place across corporate Japan

FS KKR shares tumble 15% as markdowns highlight growing strains in debt extended to unlisted companies

The US Supreme Court knocks old tariffs down. And new ones emerge

London-based Erdit Hoxha will join Izzy Englander’s firm that manages $86bn of assets

UAE investment in World Liberty Financial has intensified concerns about favourable treatment and national security

Republican-led states accused the US’s largest index fund managers of conspiring to reduce coal emissions

Cash-and-stock offer is aimed at trumping an agreed deal led by Nelson Peltz’s Trian Fund Management