US courts diverge on latest front in debt brawls

Legal warfare has broken out over whether payment of a debt obligation requires actual cash changing hands

Posted on Monday July 27, 2026

Hedge funds grow at the fastest rate ever

Plus, Wall Street balks at Trump Media charges, Asian private credit’s slump and Whistler at Tate Britain

Posted on Monday July 27, 2026

UK lenders accuse Bank of England of ignoring Wall Street’s capital edge

Study estimates differences mean British banks carry £22.5bn extra capital burden relative to US rivals

Posted on Monday July 27, 2026

Beware holographic markets

Tokenised securities are mirror images of the real thing but pose new risks

Posted on Monday July 27, 2026

Beware the shimmer of holographic markets

Tokenised securities are mirror images of the real thing but pose new risks

Posted on Monday July 27, 2026

France and Spain brace for more extreme heat as wildfires rage

French President Emmanuel Macron warns ‘weeks ahead will be hard’ on visit to firefighting centre in the Gironde region

Posted on Monday July 27, 2026

Burnham looks to cut welfare bill by linking up schools and employers

UK PM draws on experience as Greater Manchester mayor in an attempt to get more young people into work

Posted on Monday July 27, 2026

Trump says Israel ‘would not survive’ without US

Remarks come ahead of meeting where Benjamin Netanyahu is expected to make case for expanding war with Iran

Posted on Monday July 27, 2026

Oil tumbles as Iran and US pause strikes over Strait of Hormuz

Brent 6% lower after two weeks of escalating violence had pushed crude to more than $100 a barrel

Posted on Monday July 27, 2026

Ares Management has held talks to buy Leonard Green & Partners

A deal between the LA groups would dramatically expand the size of Ares’ private equity business

Posted on Monday July 27, 2026