Company once known as Reed Elsevier has moved from legal and scientific publishing into AI fraud detection
My parents are helping my partner and I to buy a property
Alacrity’s restructuring puts it under control of private credit lenders including Antares, Blue Owl, KKR and Goldman
More than you’d think!
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use each other’s premises
Head of world’s oldest insurance market steered it through Covid but was criticised for delays to IT overhaul
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulation
Multi-strategy –> Multi-manager –> Multi-boutique
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groups
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
Plus, one tech investor thinks Europe still has a shot at the AI race and Blackstone gets in on the accounting sector
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
Decline is first for nine months although prices still 3.3% above last year
Plus, Nippon sues the US over blocked steel deal and the pressure is on for new investment banker hires to deliver
Private equity made strong returns from investing in alternative assets over the past 30 years
Poor access to money management is pushing students towards ‘unreliable’ online resources, says Santander UK chair
Internal memo reveals multilateral lender’s fear that new rules will put its climate credentials at risk
The proposed move is thought to be the first conversion in the US of a passively managed index mutual fund to an ETF
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governor
BC Partners and Pollen Street Capital close to appointing Goldman Sachs to oversee listing of UK lender
US hedge fund manager asked shareholders of seven trusts to overhaul boards and install his fund as investment manager
Boutiques counting on M&A rebound to support elevated valuations and star hires
