Profits at a price in the world of hedge funds

Hedge funds vary in style and can offer generous returns, but high fees could short change investors

Private equity aims for retail investors

Minimum investments could traditionally have exceeded $5m, excluding all but the wealthiest

Samsung units in $8bn merger

Next generation of group’s founding family looks to secure control

Calpers and Calstrs urge climate backing

More than 100 fund manager heads sign letter

Housebuilders set to grow after election

Surprise poll result has caused an upsurge in home construction

Lack of sleep shown to lower productivity

Drinking alcohol and smoking seem to make no difference

Basel group toils to ensure compliance

Banking standards committee pins hopes on peer pressure

UK market review to push for tougher sentences

Punitive approach likely after City scandals like forex rigging

Carlyle group logo

The Carlyle Group: greener grass

Private equity used to be a dream job

Global regulators look to follow UK lead

Review targets all that is wrong with wild-west side of markets

Bank of England needs highest standards

BoE oversight committee needs to be independent of governor

Chinese local authorities sued for bills

Settlement with construction tycoon believed to be first of its kind by debt-ridden authorities

Banks warn on new risk models for trading

Letter to regulators says proposals will raise market volatility

Taking care of the growing silver economy

Extended lifespans prompt businesses to adapt to frail consumers

Big US banks try to stay upbeat

Few expect a disastrous fourth quarter when but no one is forecasting a blowout

Trader set for trial over Libor allegations

UK case will be a crucial test for the SFO

Shadow banks push for easing of loan caps

US bill would let investment vehicles borrow more against equity

Negative rates pose corporate conundrum

European companies still unsure about putting cash to better use

Bankers to make €130m in fees from Monte Paschi rights issue

Issue comes less than year after lender raised €5bn

Sports look for financial supporters

Retail bonds and crowdfunding on the rise as banks have withdrawn

China brokers’ capital rush fuels margin-fed rally

Record fundraisings ploughed back into loans to invest in market

Deutsche bucks trend to little advantage

Full-service European investment bank in unfriendly climate

Commerzbank set to pay dividend

German group shows signs of returning to health as four-year plan starts to bear fruit

Forex banks face more pain from US

Lawmakers challenge exemptions for managing retirement accounts

Small-cap Week, May 23

Tungsten, Zytronic, Quantum Pharma and Mar City featured

Banks face possible further forex fines

NY regulator turns to abuse of markets by automated trades

Lloyds taps Oldfield to lead retail bank

IT executive takes over from Alison Brittain on an interim basis

New housing starts rise by 31 per cent

Housebuilding at highest rate since 2007

Lightning action is best to scare banks

Companies may be planning fines as a cost of doing business

The case that dragged bankers into the Snapchat generation

Traders have inadvertently made wrongdoing easy to detect, writes Daniel Davies

Dutch state to sell ABN Amro stake

Ministers hope to recoup some money from financial crisis rescue

An imperfect past with echoes of today

Savings rate was 8% and a Docklands flat would cost £67,000

Bonds will blow up — but not just yet

When FT Weekend was first published in 1985, the great bond bull market was well under way

Week in Review, May 23

Deutsche Bank under fire; John Malone, BP and M&S also in the news

Final salary pensions gap worsens

Regulator says £44bn of extra contributions have failed to narrow deficit

Co-founder of Blackstone’s GSO unit quits

Doug Ostrover’s retirement adds to fears of more senior exits

Mercuria wins first round in Citi dispute

Bank to pursue compensation for $270m over China repo deals

Florida’s Stonegate Bank embraces Cuba

US government urged bank to open account for communist nation

Monte dei Paschi: Sienese spectacle

Another year, another rights issue. Will this be the last?

Good times fade away for forex traders

After $10bn in fines, the currencies trading industry has decided it is time to grow up


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