Wall Street’s big private capital problem

Plus, Victory boosts bid for Janus, private capital’s financing wheeze and Giant hits Broadway

Posted on Monday March 23, 2026

The Shakespearean animus of Botín and Orcel

The Italian’s bid for Commerzbank may prove to be the final act in European banking’s rivalrous drama

Posted on Monday March 23, 2026

BNP Paribas surges up UK M&A rankings

French bank boosted by deals including £9.9bn Schroders takeover

Posted on Monday March 23, 2026

UK home insurers to lose money on underwriting in 2026, analysis predicts

Higher fuel and energy costs, along with wage and price pressures, will drive up claims costs, EY says

Posted on Monday March 23, 2026

The ghost bankers haunting the City

Unable to leave the financial district, some senior staff appear to be working long after handing in their pass

Posted on Monday March 23, 2026

Warsh rejects accusations he would be Trump’s ‘sock puppet’

Senators grill nominee to head Federal Reserve over president’s demands for interest rate cuts

Posted on Wednesday April 22, 2026

SpaceX obtains right to buy AI start-up Cursor for $60bn

Elon Musk’s rocket and AI conglomerate is seeking to catch up to rivals OpenAI and Anthropic

Posted on Wednesday April 22, 2026

Starmer’s political woes deepen as Mandelson scandal saps his authority

Ministers and Labour MPs appear to be losing sympathy for prime minister

Posted on Tuesday April 21, 2026

Iran accuses US of violating international law over vessel seizure in Gulf of Oman

Iran’s ambassador to UN also accused Washington of ‘continuing internationally wrongful acts’ that breached ceasefire agreement

Posted on Tuesday April 21, 2026

Trump extends Iran ceasefire as peace talks hit impasse

President’s latest mixed signal comes as US sends more troops to region

Posted on Tuesday April 21, 2026