Andrew Bailey warns G20 of danger AI poses to financial system

Head of world’s financial stability watchdog urges countries to take steps to control the release of new frontier models

Posted on Monday August 31, 2026

Jane Street’s AI bets go sour

Plus, Woodford’s angry investors, fund management deals boom and Lucian Freud in Denmark

Posted on Monday August 31, 2026

UK investment trusts struggle to keep up the liquidity illusion

Boaz Weinstein’s activist campaigns expose the strains in a centuries-old model

Posted on Monday August 31, 2026

UK fintech Allica looks to Sweden to kick-start European expansion

Neobank hopes to challenge Scandinavian incumbents that have curbed riskier lending

Posted on Monday August 31, 2026

Banks and insurers brace for biggest German pension upheaval in 20 years

‘One of the sacred cows has been slaughtered’ with reforms to the system that will funnel billions of euros into capital markets

Posted on Monday August 31, 2026

Alejandro Betancourt: the man who would be Trump’s ‘viceroy’ in Venezuela

The US has turned to a wily and divisive insider to help it develop the country’s oil reserves

Posted on Monday August 31, 2026

US and Iran exchange fire for the first time in more than a month

Oil prices rise after American military hits an island in the Strait of Hormuz and Tehran retaliates in Jordan

Posted on Sunday August 30, 2026

US strikes Iran for first time in weeks in attack on rocket launchers

The American military said it hit an island in the Strait of Hormuz to prevent mines being laid in the strategic waterway

Posted on Sunday August 30, 2026

Ukraine’s ex-defence minister touts ‘new history’ in war against Russia with planned tech fund

Mykhailo Fedorov seeks western capital to build and manage weapons development companies he says will help Kyiv resist Moscow

Posted on Sunday August 30, 2026

US launches first strike on Iran in weeks as it hits rocket launchers

The military said it struck an island in the Strait of Hormuz to prevent mines being laid in the crucial waterway

Posted on Sunday August 30, 2026