Monzo chair Gary Hoffman to step down months after shareholder revolt

Digital bank removed TS Anil as chief last year before reinstating him to board after investor rebellion

Posted on Monday August 17, 2026

Barclays shakes up investment bank less than 3 years since last overhaul

Mike Joo hired from Bank of America to lead investment banking

Posted on Monday August 17, 2026

Meta and BlackRock’s $14bn data centre exposes lenders to insurance gap

Investors in gigawatt-scale campuses face billions in underinsured risks as insurers balk at cost of full coverage

Posted on Monday August 17, 2026

A leaderboard of the biggest trading losses of all time

Well, some of them, anyway

Posted on Monday August 17, 2026

Private credit under strain as troubled loans swell

FT analysis shows signals of stress in the market are back to levels last seen in 2017

Posted on Monday August 17, 2026

Ferrari’s first EV auctioned off at record $40mn

The Luce’s auction price sets a record for a new car

Posted on Monday August 17, 2026

Chelsea shareholders Walter and Boehly in talks to sell stakes to Clearlake

Negotiations come amid clashes over strategy and as Walter’s business empire faces scrutiny from regulators

Posted on Monday August 17, 2026

Russia fires economist over Ukraine war warning

Andrei Klepach dismissed after bleak remarks about economic toll of conflict

Posted on Monday August 17, 2026

US tech stock correction likely, warn ECB economists

Boom-bust pattern could become ‘question of financial stability’ for euro area, central bank team writes in blog post

Posted on Monday August 17, 2026

The realignment of the Middle East

Iran conflict is reshaping alliances in a way neither America nor Israel foresaw

Posted on Monday August 17, 2026