Italy’s MPS thinks three takeovers are better than one

Crunching two banks together is challenging, and takes time; to attempt the same feat with four calls for some truly magical thinking

Posted on Friday August 21, 2026

Apollo says hackers accessed personal data in latest Wall Street breach

Alternative asset manager’s probe determined names, home addresses and social security numbers were stolen in cyber attack last month

Posted on Friday August 21, 2026

Citadel offloads 80% of portfolio scooped up from Situational Awareness

Ken Griffin’s hedge fund has executed more than $4bn worth of block trades in recent weeks

Posted on Friday August 21, 2026

What is Jane Street?

The question is more important than the answer

Posted on Friday August 21, 2026

How climate risk is starting to ‘cascade’ into the US economy

Also in today’s newsletter, did companies pay a price for keeping DEI schemes under Trump?

Posted on Friday August 21, 2026

Burnham hit by fiscal challenges as O’Neill declines government role

£1.8bn deficit in July confounds economists’ expectations as prime minister prepares for October Budget

Posted on Friday August 21, 2026

US ranchers lash out at Trump’s gambit to cut beef prices

Cattle futures fall after president says unnamed foreign suppliers will provide 25% discount for three months

Posted on Friday August 21, 2026

Natalie Harp, the devoted ‘human printer’ in Trump’s entourage

The executive aide’s relationship with the president symbolises a broader sycophancy around him

Posted on Friday August 21, 2026

Citadel offloads 80% of portfolio scooped up from Situational Awareness

Ken Griffin’s hedge fund has executed more than $4bn worth of block trades in recent weeks

Posted on Friday August 21, 2026

Bitcoin and gold surge as Bessent’s intervention in bond market hits dollar

World’s biggest cryptocurrency on track for best week in more than three years

Posted on Friday August 21, 2026