KKR seeks to make First Data numbers work

Payment processor’s debt load falls from $24bn to $21bn

Electra: pushing the envelope

Investment trust’s concern of ‘concert party’ comes amid Bramson call to shareholders

Visa considers options on Monitise stake

Move follows wider losses at UK banking software group

Just Retirement shifts focus to recover

Annuity provider moving into new areas in wake of shake-up

Dubai clampdown on Espírito Santo unit

Bank stopped from handling deposits or transferring assets

Egon Zehnder aims to put women at the top

Headhunter wants a boardroom revolution with 25% female chiefs

Negative interest rates far from absurd

Need for eurozone action forces out boundaries of economics

Hyundai shares slide on $10bn HQ purchase

Gangnam plot sold in record South Korean real estate deal

Canary Wharf mall boosts Songbird

Value of property portfolio rises 8.4% in first half

Mediobanca returns to profit

Net income in fourth quarter hits €69.5m for Italian lender

US warns of further insider charges

Crackdown on institutions steps up with undercover cooperators

State Street trader told to stay away

Move follows review into market manipulation claims

Jump-start for the Aim market

Cenkos and Shore Capital are riding a wave of deals

Banks’ VAT bills set to soar after ruling

Focus on costs shared between HQs and overseas branches

UK corporate pensions back hedge funds

Sector is given a boost after investments fell out of favour in US

South Africa joins sukuk bond rush

$500m sale more than four times subscribed

Wells Fargo eases lending requirements

Less detail needed from borrowers with downpayments of 25%

Why a Yes vote could damage the City

Fears are a Yes vote could be followed with a withdrawal from EU

Apple Pay: don’t bank on it

Wall Street and the tech giant form a relationship on payments

Block traders prefer the human touch

Symbol of Scotland caught in crossfire

RBS banking group created by union faces move south

Top Chinese banks set for $81bn injection

Latest move to prop up world’s second-biggest economy

Bramson pledges to double Electra value

Activist investor fights board’s refusal to grant him seats

Moody’s: rating bank debt

Agency has a difficult task in updating its approach

Cenkos reports sixfold rise in profit

China SOE reform no bonanza for bankers

Banks will keep busy but a rush of fees is uncertain

Watchdog seeks to align pay with results

Move to align remuneration with long-term success of a company

Orange in Africa bank cash transfer links

Partnerships aim to expand mobile money services across region

Polls put No camp’s lead at four points

Markets hopeful of continued Scottish union

L&G to lose assurance society chief

L&G chief will work with Pollock to identify a successor

ECB poised to start its lending spree

Central bank will offer up to €400bn in cheap loans

China to impose ban on low-grade coal

Fresh blow to global miners as Beijing moves to fight pollution

UK pension fund hits at hedge fund fees

Criticism comes after Calpers withdraws from sector

Wanda Commercial seeks Hong Kong listing

Float of Chinese property company may reach $2-$3bn

Turkey’s Bank Asya dented by Erdogan call

Shares fall after watchdog urged to decide bank’s future

Lenders hit at ECB over secrecy agreements

Anger at ECB handling its probe of European banks’ balance sheets

Calpers gives up on the hedge fund dream

A $300bn pension fund cannot make these investments pay

Heavyweights lined up to look at sell-offs

Debt threatens India’s fragile recovery

Risk remains that unexploded debt bombs could go off suddenly

British Virgin Islands under pressure

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