AI agents could cost banks $500bn — by winning savers better rates
Banks will gain from AI as well as lose
Posted on Wednesday October 07, 2026Private equity’s future after the boom and bust
The mood in the $22tn private capital industry was captured on Tuesday at the FT’s Private Capital Summit
Posted on Wednesday October 07, 2026Bank mergers arrive in Europe with a whimper rather than a bang
More banking consolidation requires things that don’t yet exist, such as harmonised regulation and acquiescent local politicians
Posted on Wednesday October 07, 2026HSBC plans sweeping job cuts across UK wealth business in AI push
Bank is consulting with staff on reductions in roles affecting managers, specialists and financial advisers
Posted on Wednesday October 07, 2026Blue Owl to launch ‘big push’ into insurance
Group at centre of recent private credit turmoil says it is ‘not managing enough capital’
Posted on Wednesday October 07, 2026Mike Ashley’s Frasers Group snaps up stake in Under Armour
Move is latest in series of bets by UK retail tycoon best known as Sports Direct owner
Posted on Wednesday October 07, 2026Trump says he will speak with Putin about pneumonic plague
Washington increases pressure on Moscow to share more about the incident in which one person has died
Posted on Wednesday October 07, 2026HMRC opened probe into Man City’s tax affairs in 2018
Investigation into whether English football club was underpaying tax began after its internal emails were leaked
Posted on Wednesday October 07, 2026How tribology makes the economic world go round
The science of friction and wear plays a central role in making industry run more smoothly
Posted on Wednesday October 07, 2026HSBC plans sweeping job cuts across UK wealth business in AI push
Bank is consulting with staff on reductions in roles affecting managers, specialists and financial advisers
Posted on Wednesday October 07, 2026