A rapid expansion in finance is coming together in an excitable cocktail of risk and opportunity
A quirky and opaque New York firm has rapidly expanded to become the most profitable trader of all
Madrid wants three or more countries to be able to forge ahead when others are opposed
Former US secretary of state and climate envoy becomes co-executive chair of Galvanize Climate Solutions
Utility’s investment-grade rating and debt covenants have come under pressure amid Thames Water crisis
The chancellor should begin moving the country to a more dynamic fiscal framework
Chief executive Vlad Tenev says British customers will soon be able to make leveraged stock bets on its platform
Deal to reduce Accra’s debt load by nearly $5bn could pave way for return to markets
Take-up of the technology faces significant obstacles and disrupting the UK’s status quo will be a struggle
Report also identifies geopolitical turmoil and cyber attacks as major risks to UK financial stability
Asian Infrastructure Investment Bank will provide guarantees and support for developing nations’ ‘panda bonds’
Limited deals have choked off payouts to private equity fund backers, leaving firms searching for ways to deliver returns
Treasury unit has raised questions over new technology
Interest of PE groups in Sanofi’s Opella highlights the renewed ebullience of debt financiers
New data puts ‘greenhushing’ concerns in perspective
‘Hybrid’ debt was hard hit in 2022 but has rebounded strongly as interest rates start to come down
Head of $1.3tn asset manager says complex forms of debt could ‘accelerate things on the downside’
Savers with environmental and other ethical concerns now have plenty of options to vote with their money
An overdue push to reshape markets, not just individual companies, is under way at last
Current rules hem the chancellor in — this Budget can make a start on ways to attract and measure investment
Markets on edge ahead of overhaul of fiscal rules that could result in tens of billions of pounds of extra borrowing capacity
Company backed by investors including Clayton, Dubilier & Rice and Hellman & Friedman prepares €4.4bn dividend
Investors strongly back Ankara’s plans to switch short-term debt for longer-term notes
Recapping and backslapping
Manager has cancelled plans to convert investment-grade credit fund and will opt for a corporate bond fund instead