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

Iran allows Iraqi ships through Hormuz strait

Tehran’s decision could allow 3mn b/d of oil to be released to international markets

Posted on Sunday April 05, 2026

Is AI the new fracking?

The backlash against data centres chimes with energy Nimbyism of the past

Posted on Sunday April 05, 2026

Trump vows to destroy Iran’s power plants and bridges unless it reopens strait

US special forces locate second missing crew member from F-15E shot down over Iran

Posted on Sunday April 05, 2026

US rescues second fighter jet airman shot down over Iran

Trump warns Tehran ‘you’ll be living in hell’ unless the Strait of Hormuz is opened by Tuesday

Posted on Sunday April 05, 2026

Nelson Peltz’s bidding war highlights $25bn wave of asset manager consolidation

Quest for scale puts global money manager tie-ups on pace to crush last year’s deal total as costs and competition mount

Posted on Sunday April 05, 2026