Shein seeks $27bn valuation from Hong Kong IPO

Market capitalisation is nearly three quarters below its peak after fast-fashion retailer’s attempts to list in New York and London failed

Saudi Arabia holds talks over state-backed war insurance as costs jump

Insurers have raised prices or restricted coverage for ships and other firms in the region owing to Iran conflict and Houthi attacks

A ‘democratised’ financial crisis is still a crisis

Private credit’s insurance boom could have hidden costs

UBS concern over private markets push by manager of $1bn sustainable finance fund

Ties between Swiss bank and Record soured but UK partner remains as manager, according to insiders

Germany must ditch doubts over private capital, says investment tsar

Martin Blessing says foreign investors face sceptical public authorities