Hope still wins out over experience as financial disrupters seek to ride the latest wave
The US banking system is burdened by a convoluted regulatory architecture that leads to inefficiencies and arbitrage
Scion of European banking dynasty “hopes to withdraw” claim against German financier
CFPB proposes to put digital wallets under same standard as bank accounts
Why is it so difficult to transfer your retirement savings to a new provider?
Why Meta tapped UFC’s chief for its board and corporates start the year with historic bond issuance
Profound funding shift might contribute to huge investment needed for data centres, energy and reshoring of industry
Move demonstrates manager’s new determination to democratise alternatives and could be timely, analysts say
Plaintiffs argue Swiss government ‘folded’ to UBS demands when bank rescued its troubled rival
World’s largest money manager had staked out position as sustainable investment leader
Legal case comes less than six months after scion of banking dynasty agreed to chair German financier’s firm
Once the preserve of institutions, private assets are now promoted through semi-liquid funds
Trade Republic says it is under no pressure to list early as its backers are taking a ‘long-term perspective’
Investors poured $300mn into manager’s exchange traded funds led by VOO, its S&P 500 vehicle that attracted $117bn
Saba Capital has taken stakes in seven trusts and called on investors to vote for changes to their boards
Hidden commissions to car dealers inflated costs for buyers. The legal fallout could cost banks billions and restrict access to credit
Alacrity’s restructuring puts it under control of private credit lenders including Antares, Blue Owl, KKR and Goldman
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulation
Multi-strategy –> Multi-manager –> Multi-boutique
The fund made returns of nearly 20% last year but has failed to retain sufficient assets to be ‘economically efficient’
Bank has lagged well behind rivals on important measure of profitability
The crypto sector cheered Donald Trump’s election in the US — what’s next?
Posters from Islamic finance start-up Wahed Invest likely to cause ‘serious offence’, rules ASA
Acquisition of Citrin Cooperman from New Mountain Capital for $2bn marks a step up in valuations
Plus, Nippon sues the US over blocked steel deal and the pressure is on for new investment banker hires to deliver