Paul Singer on how charity meets politics

Philanthropists should use ‘all the tools in the tool box’

The Pimco people named in Gross’s lawsuit

Ex-chief claims there was ‘cabal’ of key executives at the investment house

©Ingram Pinn

Bill Gross goes to court to settle scores

It’s about principle, not money, and readable filings certainly help

Payment processing company Worldpay has said it plans to raise £890m by listing its shares on the London stock market. The flotation could give the company a market value of nearly £4bn and push it into the FTSE 100 index of the largest UK-listed firms.

Worldpay narrows listing price range

Payment processing company shaves 10p off top and bottom of range

LSE sells Russell Investments for $1.15bn

UK exchange offloads asset manager to US private equity groups

UK government to convert RBS shares

Move is part of push to privatise state-backed banks

Deutsche Bank ‘rock solid’ with Frieze

Countryside Alliance’s ‘dinner party’ breaks record; Richard Caring’s fishy business

Andrew Tyrie MP
©Charlie Bibby

Tyrie intervenes on small bank ‘supertax’

Leading MP urges PRA to ensure ‘challengers’ are not held back

Credit Suisse plans large capital raising

New CEO to announce cash call when he unveils his strategy

Fate of Electra vote in investor’s hands

Investor’s case for reform at quoted buyout group is flimsy

UniCredit executive denies Mafia links

Palenzona’s offices raided by police after prosecutors put him under investigation

Bill Gross sues Pimco for $200m

Ex-colleagues accused of ‘lust for power and greed’

Dell seeks $40bn in funding to buy EMC

Storage company deal would be tech industry’s biggest acquisition

Blackstone seizes $8bn Reit ‘opportunity’

BioMed bid comes as analysts expect more property takeovers

Strategy tests loom for new bank chiefs

Credit Suisse, Deutsche Bank and StanChart face similar pressures

Formula One closes in on $8.5bn sale

CVC ‘shakes hands’ on deal with Miami Dolphins owner Stephen Ross

Deutsche Bank struggles to catch up

Investors concerned with the scale and challenges bank faces

Daniel Stewart backers suspend judgment

Broker has yet again missed deadline for filing annual accounts

Complaint: Gross vs PIMCO

Supreme Court of the State of California complaint

India’s public banks the weakest link

Rate cut threatens margins of stressed lenders

Bad loans spiral in India’s banking system

Critics say response has been ‘inadequate’ and government must impose radical reforms

Greek banks anxious as bailout nears

Lenders fear implementation details may deter private investors

Deutsche Bank shares gain despite warning

Analysts positive even as lender reveals €6.2bn third-quarter loss

Renminbi scheme reflects Swift spy fears

China launches system to streamline cross-border payments

Deutsche Bank flags €6.2bn quarterly loss

Lender may pay no dividend this year after €7.6bn exceptional costs

BlackRock bows to investor rights call

Asset manager to introduce proxy access

Blackstone pays $39m over SEC fees probe

Regulator tries to stamp out hidden fees in private equity sector

Regulator to seek mortgage market concerns

FCA aims to identify areas where competition is not working well

Andorran bank hits back at US regulators

Suit claims inaccurate evidence used to sound BPA’s ‘death knell’

Ex-Goldman trader keeps oil loans flowing

AllianceBernstein, HudsonField buck trend of scarce energy credit

Investment Association to seek new chief

Trade body chair says board lost confidence in former boss

Amundi chief keen on global expansion

Fan of Manchester United strategy sets goal in Asia

Lower oil price forces government rethink

Spending cuts likely along with new opportunities for business

Ambition is a mother of invention

Abu Dhabi’s financial centre will find it hard to compete with Dubai

Cameron eyes home ownership ‘crusade’

Revamp of planning rules to put low-cost houses on equal footing with rented housing

Royal London extends profit-share scheme

About 600,000 existing customers of the mutual will be eligible

Asset managers drive dollar’s strength

Norwegian and Swedish krone have also been favoured

UK Investment Association jettisons chief

Fund group board angered by ‘narrow and aggressive’ agenda

Hedge funds suffer worst month since 2008

Stock pickers battered by market turbulence

Trial of brokers in Libor case opens

Six accused of acting as middlemen in rate manipulation


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