Dutchman to become external senior adviser to Arta Finance, venture founded by former Google employees
Holdings of Platinum Equity and Clearlake Capital are at heightened risk of default, rating agency says
A seemingly misfired message has embroiled Albert Bourla and his company in a high-stakes activist battle
UK FCA says lender’s ‘woeful systems and controls’ exposed struggling clients to risk of harm
The country’s brokerages will need to consolidate to achieve scale
Asset manager posts another quarter of net outflows amid ‘challenging’ conditions
Bonanza helped lift global September inflows to $141bn, keeping industry on track for record-breaking year
Hedge fund had enlisted help from ex-chair Ian Read and former finance chief Frank D’Amelio
Firm is also weighing IPO while world’s largest money manager seeks to boost its presence in alternative investments
Plus, Ares scales up its real estate business
Crypto exchange accuses securities watchdog of ‘over-reach’ and argues it ‘cannot lawfully regulate’ token sales
Forever and ether, amen
Watchdog’s chief urges UK to take ‘a new mindset towards risk’
GLP Capital deal will add $44bn in assets to private investment group’s business
Asset manager suggests a national lifetime savings plan
Probably not, but that’s where you come in
Deal for stake in department store and property business across three countries follows collapse of Signa
A rapid expansion in finance is coming together in an excitable cocktail of risk and opportunity
Former US secretary of state and climate envoy becomes co-executive chair of Galvanize Climate Solutions
Regulator remains under scrutiny after chair Ashley Alder refused to quit over the controversy
If endorsed, and Britain moves to one-day settlement before the EU, UK ETFs would wait until the EU also moves
Big Four accounting firm tries to manage cash flow issues by deferring 2% of annual compensation
Administrators say inspection of general ledger would have ‘quickly’ led to identification of fraud
Proxy agencies and asset managers will still face scrutiny over their policies
Shareholders have to approve Mikael Walther’s removal as the Swedish fintech prepares for possible IPO