Financial Times News Feed

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?

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