‘Reverse Yankee’ deals hit record as US companies flock to euro debt market

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US companies are tapping Europe’s debt market at a record pace, attracted by lower borrowing costs on the continent and the chance to diversify their sources of funding, as uncertainty over President Donald Trump’s tariffs … Read more

Britain’s post-Trussmatic stress

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The official Perkins Verdict on whether the US has acquired a post-Liberation Day “moron risk premium” — no — came in more than a month ago, but that hasn’t stopped people pointing at Britain in … Read more

Bank of London probed by PRA as EY flags uncertainty over future

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of London is under scrutiny on two fronts from regulators as its auditor warned that there were “material uncertainties” over whether the ailing fintech could continue trading. Regulators at the Bank of England’s … Read more