Visa and Mastercard can rest easy for now
Net income outstrips expectations despite hit from retail banking retreat
The Dutch asset manager joins growing number of active managers to enter exchange traded fund industry
Industry lobby groups urge Brussels to set timetable for modernisation of securities market
Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest rates
ProcureAM’s $3mn FIXT fund, which invests in natural disaster recovery, has been unable to attract investors
Funds turn to external managers after other revenue sources faltered
The firm, which officially launched in January, has already taken stakes worth $5bn this year
Fixed-income ETFs see record inflows as investors seek steady returns and hedge against a stock sell-off
Shares hit new peak as a rebound in markets boosts results for the world’s largest money manager
If Silicon Valley is right and the technology progresses, we may witness a new wave of industry disruption
The stigma that finance has long endured is both out-of-date and unwarranted
QIA has been reducing its holding in the UK supermarket chain since 2021
The secretive firms that have conquered trading
Investors pull £1.6bn from value funds in latest quarter before Ben Whitmore’s departure
Rare transatlantic deal aims to remove ‘barriers’ to serving mid-market companies across borders
The process creates logistical problems for managers and their clients, some of whom do not have brokerage accounts
CPPIB sacked UK employee for using card for personal items
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