The unravelling of Mark Walter

The billionaire is selling sports stakes as he rushes to clean up the balance sheets of the insurance arms of the colossus that he built

Posted on Tuesday August 25, 2026

JPMorgan eases approach on lending against shares to court AI’s new wealth

US bank shortened time horizon for SpaceX workers and investors to borrow against stock holdings and may do same for Anthropic

Posted on Tuesday August 25, 2026

Skipton tries to show that building societies still matter

The mutual financial group based in the Yorkshire Dales wants to emphasise the personal touch

Posted on Tuesday August 25, 2026

NatWest plots push into US market

UK bank last week secured regulatory approval for new American office as part of expansion plans

Posted on Tuesday August 25, 2026

Private equity growth funds attract record first-half inflows as sector rebounds

Recovery in fundraising being driven by AI boom and some valuations that remain below 2021 peak

Posted on Tuesday August 25, 2026

Trump says US to increase tariffs on Canadian cars to 50%

Ottawa officials set to announce response to new American levies on Tuesday

Posted on Monday August 24, 2026

SEC subpoenas Wall Street banks over Situational Awareness

Leopold Aschenbrenner’s AI-focused hedge fund nearly collapsed in July before striking a deal with Citadel

Posted on Monday August 24, 2026

US Supreme Court allows Trump restrictions on mail-in ballots

Justices lift decision to block president’s order to restrict eligibility to a new federal list of voters

Posted on Monday August 24, 2026

Trump says US to increase tariffs on Canadian cars to 50%

Move marks further escalation of Washington’s trade war with Ottawa

Posted on Monday August 24, 2026

Burnham compromises on council homes plan

Prime minister opts not to rip up programme drawn up under Sir Keir Starmer that mostly relies on housing associations

Posted on Monday August 24, 2026