Rathbones shares sink 18% as wealth manager halts investments by high-risk clients

Group at risk of near-£1bn hit to inflows as it pauses taking on clients who require ‘enhanced due diligence’

Posted on Tuesday June 16, 2026

Jardine Matheson, titan of Asian commerce, pivots to developed markets

Chief executive Lincoln Pan says portfolio has become heavily skewed towards south-east Asia

Posted on Tuesday June 16, 2026

UniCredit’s knack for clever deals proves unexpectedly costly

Andrea Orcel has taken an unhelpfully circuitous route to acquiring Commerzbank

Posted on Tuesday June 16, 2026

JPMorgan plans Chase expansion into Europe’s largest markets

US lender eyes France, Spain and Italy as it aims to grow digital bank

Posted on Tuesday June 16, 2026

Private equity bosses warn of AI threat to bets on law and accountancy

Buyout groups that have invested heavily in professional services face disruption from developing technology

Posted on Tuesday June 16, 2026

Russian warship accused of firing warning shots towards yacht in Channel

Ministry of Defence says it is ‘investigating reports of incident’

Posted on Tuesday June 16, 2026

SpaceX leapfrogs Amazon to become world’s fifth-most valuable company

Elon Musk’s AI, rocket and satellite group also announces $60bn deal for AI coding app Cursor

Posted on Tuesday June 16, 2026

Whistleblower says JLR told him not to record alleged fire risks in Range Rover Evoque

Carmaker denies claims by former engineer who is seeking £3.7mn in employment tribunal case

Posted on Tuesday June 16, 2026

Russian warship accused of firing warning shots towards yacht in Channel

Ministry of Defence says it is ‘investigating reports of incident’

Posted on Tuesday June 16, 2026

SpaceX leapfrogs Amazon to become world’s fifth-most valuable company

Elon Musk’s AI, rocket and satellite group also announces $60bn deal for AI coding app Cursor

Posted on Tuesday June 16, 2026