$22m state aid for world’s biggest hedge fund

Connecticut makes loan and grants to keep Bridgewater in state

Banks pressed to step up online defences

Swift unveils new measures to improve customer security

Alan Rubenstein the new CEO of the Pension Protection Fund at their offices in East Croyden. Picture by David Parry/FT

Inquiry into final-salary pension crisis

MPs to look at ‘radical’ solutions to tackle pressures facing schemes

Philips Lighting leaps 10% on debut

Three European floats show signs of appetite for IPOs

SBI’s bad loan provisions rise

Shares rise as forecast for further distress less than expected

Errant banks perfect the waiting game

Time is the great healer that makes the pain go away

Axa shakes up management team

Buberl rejigs team as he prepares to head the French insurer

Lloyds eyes dealmaking return with MBNA bid

Group prepares move for Bank of America’s UK credit card business

EFG’s Strähle hopes to navigate scandal

Swiss banker shocked by news of investigation into target BSI

Demographic shift stunts fund growth

Michelle Seitz, head of William Blair IM, on the challenges facing ‘mature’ asset management

Regulator warns Brexit threatens UK funds

EU passporting rules at risk, with severe consequences for Ucits, according to Esma

City Insider: opening flourish in Chelsea

Gutman heads for the beds but is Thiam in the potting shed?

Consumer rights are on the rise

From phones to pensions, politicians pledge benefits for buyers

US Foods jumps 8% on trading debut

Food producer a bright spot in lacklustre market for US listings

BoE pushes on with bank ringfencing rules

Central bank rejects claims it has watered down plans

Criteria to cut stake in Spain’s Caixabank

Move spares group from capital rules and loosens crossholdings

Electra cancels investment contract

Some investors question influence of activist Edward Bramson

Santander pilots blockchain payments app

UK bank to use bitcoin technology for cheaper overseas transfers

Prosper Marketplace explores options

Online lending sector under scrutiny after Lending Club scandal

RBC earnings bode ill for Wall St recovery

Canadian bank reports modest improvement in bond trading revenues

L&G chief hits out at executive pay

Nigel Wilson says packages are ‘opaque and difficult to follow’

Banco Popular €2.5bn rights issue blow

Shares in Spanish lender fall more than 20% on move to raise fresh capital

Activist investor Bramson shakes up Electra

Private equity group ends 40-year relationship with investment manager

Currency conduct code targets traders

Watchdog’s new rules set out how raucous dealers should behave

Bramson ‘the Trump of private equity’

Activist’s shareholding makes him the wrong person to be chief

Boutique LionTree roars with $78bn deal

Bourkoff’s start-up investment bank has aspirations to disrupt the established order

Prudential Financial profits goal at risk

Low interest rates hit insurers’ investment portfolio returns

Washington steps up fintech oversight

Government officials deployed to scrutinise fast-growing sector

Banks to save space with desk sharing

Economy drive includes subletting offices and branch closures

Macquarie to start Thames Water sale

Australian infrastructure investor expects to raise between £1bn and £1.5bn

Funds’ lucrative entry fees under attack

Money managers fear regulators’ investigation of initial charges

How can we invest for our grandchild?

Passive funds and junior Isas are worth considering

Navigating the pensions labyrinth

Is it any wonder that savers are confused?

Payday lenders see 178% rise in complaints

Companies under fire despite watchdog imposing tough new rules on sector

OakNorth takes UK banking into the cloud

Challenger bank to use technology advantage to scale up services

Citigroup fined $425m for rate rigging

Bank knew Tom Hayes tried to manipulate market at former employer

Give bonuses to shop workers not bankers

Shareholders are right to rebel against ludicrous pay packages

Athens set for ECB debt waiver

Move would amount to big step towards rehabilitation of Greece’s banking system

Singapore bourse in Baltic Exchange talks

Vow to keep user fees unchanged for 5 years

Lloyd’s of London: Future risks

With profits dented, can the famous insurance market adapt?


More FT Twitter accounts