Simon Carter says higher debt costs have levelled the playing field as UK property group buys several retail parks
Some companies are already planning targeted marketing
Drag show
UK asset manager snaps up team from investment boutique in move that adds £800mn of assets
Tenants are deserting the area and moving back to the City of London — it must transform to survive
Consumer champion and former FCA chair among signatories in letter to Rachel Reeves
Lower interest rates spur rise in buyer demand in September, says Zoopla
Sam Altman-led group wants exclusive arrangement as it secures $6.6bn funding round
FCA says lender’s efforts to identify potential money laundering ‘did not keep pace’ with its growth
Report also identifies geopolitical turmoil and cyber attacks as major risks to UK financial stability
Senior management at UK’s premier Covid loan-arranger neobank were worse than useless, FCA finds
Italian lender sidestepped bank ownership rules to build 21% position in German rival
Eras in financial services end or recede with the incumbents always the last to find out
Tech group to roll out channel for sharing of transaction intelligence
Real estate investors squeezed between falling valuations and pressure to upgrade energy efficiency
Plus, how Andrea Orcel covertly built up a stake in Commerzbank and celebrities ditch BDO after ex-employee is accused of fraud
Limited deals have choked off payouts to private equity fund backers, leaving firms searching for ways to deliver returns
Fee cuts are latest in price war that started with approval of spot bitcoin ETFs in US in January
More than $500bn pumped into the fund format despite volatile markets
Co-heads of British lender’s investment banking arm seek to reduce reliance on debt underwriting
There is a steady drumbeat of clamouring from those who want to be able to put money on any uncertain event
Chief Marc Rowan sets targets for private capital group to become one of world’s largest debt underwriters
Brokerage’s longtime leader will be replaced by company president Rick Wurster
Bloc’s officials say opposition to UniCredit’s move on German lender at odds with Berlin’s pro-EU stance
Plus, TPG leans into the streaming wars and PGIM’s chief executive warns of ‘layered leverage’ risks in private equity