China reduced its holdings of US Treasuries to an 18-year low in July, highlighting a broader retreat by foreign holders of American government debt as concerns over the sustainability of Washington’s finances
UBS has suspended withdrawals from a €400mn European real estate fund for up to three years, in a dramatic move that underscores growing investor anxiety over global economic instability linked to escalating
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JPMorgan Chase is intensifying its scrutiny of private credit as turbulence in the software sector rattles investors and fund managers, according to reporting by the Wall Street Journal. Chief Executive Jamie Dimon,
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The former top lawyer at Goldman Sachs has come under intense scrutiny after it emerged that her compensation rose to $25 million last year despite mounting controversy over her links to Jeffrey
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The Bank of England kept UK interest rates unchanged at 3.75 per cent today, but governor Andrew Bailey signaled that persistent energy disruptions from the ongoing US-Israeli war with Iran could trigger
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JPMorgan Chase has begun monitoring the digital activity of its junior investment bankers to assess whether their reported working hours accurately reflect their actual workload, as part of a new effort to
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Goldman Sachs Group Inc. and JPMorgan Chase & Co. are offering hedge fund clients ways to bet against the private credit market, according to people familiar with the matter. Both banks have
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The dramatic collapse of UK mortgage provider Market Financial Solutions has escalated into an international legal battle, with courts imposing a worldwide freezing order on its owner Paresh Raja amid mounting allegations
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Senior bankers across China’s vast financial system are facing steep reductions in their bonuses as authorities deepen a sweeping overhaul of compensation practices, marking another phase in Beijing’s effort to reshape the
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Deutsche Bank has disclosed a €26 billion exposure to private credit, highlighting growing concerns about an asset class facing investor withdrawals, scrutiny of lending standards, and uncertainty linked to technological disruption in
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The Manhattan skyline has a new colossus. Towering 423 meters, with a warm, sun-kissed bronze façade and a footprint spanning 232,000 square meters, 270 Park Avenue, the headquarters of investment bank JP
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Financial data provider FactSet has attracted takeover interest from major private equity firms after a steep drop in its share price triggered by fears of artificial intelligence disrupting the information services industry.
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Denmark is famous for bacon, children’s toys, and a beer proudly marketed as “probably the best in the world.” But behind the culinary and cultural accolades lies another distinction: the Scandinavian kingdom
More Internal communications and documents reviewed by Financial Times reveal how Germany’s largest bank maintained a lucrative relationship with Jeffrey Epstein for years, even as compliance officers raised repeated red flags about suspicious
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Banking employees at HSBC Holdings are set to share a bonus pool exceeding $3.9 billion, the lender’s largest payout in more than a decade, after annual profits surpassed analyst expectations despite an
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PwC is embroiled in a legal clash with a consultancy founded by one of its former executives, amid allegations that staff and clients are being recruited in breach of non-compete agreements. According
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