Leopold Aschenbrenner vows to ‘fight another day’ after fund plunges 67% in July

Manager of AI hedge fund Situational Awareness tells investors he will learn from ‘very expensive scars’

Posted on Friday July 31, 2026

I helped bring in US bank stress tests. Now it is time to drop them

The time-consuming ritual risks misleading the public about the true health of the financial system

Posted on Friday July 31, 2026

Ares secures biggest flagship credit fund commitments in three years

Equity commitments from investors to private credit group up more than 40% from a year ago

Posted on Friday July 31, 2026

Taylor Wimpey cuts shareholder returns as weak housing market squeezes builders

UK housebuilder also pares guidance for home completions amid subdued sales

Posted on Friday July 31, 2026

NatWest chief resists calls for tax rises on banks

Bumper profits from the sector fuel demands for higher UK levies

Posted on Friday July 31, 2026

Healey looks for fiscal buffer in October’s UK Budget

Chancellor to stick to Labour’s fiscal rules while moving ‘power and money out of Westminster’

Posted on Friday July 31, 2026

Leopold Aschenbrenner vows to ‘fight another day’ after fund plunges 67% in July

Manager of AI hedge fund Situational Awareness tells investors he will learn from ‘very expensive scars’

Posted on Friday July 31, 2026

Fifa insiders turn on Infantino over controversial $20bn investment plan

Interventions by two senior officials deepen crisis over president’s plan to create new commercial venture and sell 20% stake

Posted on Friday July 31, 2026

Spain’s prime minister condemns influx of 60,000 migrants

Mass arrival at enclave of Ceuta is ‘violation of . . . territorial integrity’, says Pedro Sánchez

Posted on Friday July 31, 2026

The week that shook football

How Fifa’s proposal to open up the global game to investors unfolded — and invited a backlash that could yet topple its controversial president

Posted on Friday July 31, 2026