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

Bill Ackman’s Pershing offers to buy Universal Music in €55bn deal

Proposed transaction would combine world’s largest music group with a blank-cheque company

Posted on Tuesday April 07, 2026

US strikes military targets on Kharg Island as Trump escalates threats

President warns ‘whole civilization will die tonight’ if Iran does not strike deal by 8pm ET deadline

Posted on Tuesday April 07, 2026

The big state gamble on prediction markets

Fights over regulation could reshape the US federal system of government

Posted on Tuesday April 07, 2026

The war to break Iran’s economy

Iranians fear Trump’s threats against “whole civilization” are part of an onslaught on fabric of nation

Posted on Tuesday April 07, 2026

Hedge funds make record bets against European stocks

Short positions rise sharply as traders eye economic fallout from Iran war

Posted on Tuesday April 07, 2026