Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ukraine said on Thursday that it had failed to reach a deal with holders of $2.6bn of its debt, in a blow to its hopes of securing a restructuring ahead of a payment deadline next … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Revolut more than doubled its profits to £1bn last year, as Europe’s most valuable start-up surpassed 50mn customers and benefited from a surge in cryptocurrency trading. In an annual report published on Thursday, Revolut said … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It’s not the most mainstream topic we cover, but FT Alphaville Towers is pretty interested in the bond market impact of ETFs. After all, it’s becoming a pretty big deal, with another $120bn of inflows … Read more
Stay informed with free updates Simply sign up to the Fund management myFT Digest — delivered directly to your inbox. US bond giant Pimco is set to launch its first European private credit fund, as it seeks to take advantage of investor demand for the fast-growing sector. The world’s biggest active bond manager, with $2tn … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The writers are former US Federal Trade Commissioners challenging their removal If you’re reading this, there’s a good chance you’re sceptical of regulators. But you should hope we win our recently-filed lawsuit to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief economist at Goldman Sachs I admit it: I often dodge questions about the dollar. A large body of academic literature and my own experience as an economic forecaster have taught me … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Beware unintended consequences. US-listed Chinese companies, including giants Alibaba and Temu owner PDD, have been hit by fears they may be forced to delist from New York. Such a move would be painful for US … Read more
John Pike had his target in his sights. The Elliott Management partner was facing off against the chief executive of Phillips 66, the oil and gas giant in which he had built a $2.5bn stake, across a Manhattan meeting room. Over the course of an hour, the Texan company and its legion of defence advisers … Read more
When Daniel Sheard blew the whistle on a scandal that rocked the Swiss fund manager GAM, he was prepared for it to be a tough experience. In 2017, Sheard began warning the company that he was worried about investments being overseen by his boss, the star fund manager Tim Haywood, into bonds created and sold … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The value of Donald Trump’s memecoin soared more than 50 per cent on Wednesday after the issuers of the cryptocurrency said the US president would have dinner with the top 220 holders next … Read more