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Purchase shines light on wealth accumulated by longtime chief executive Rich Handler
Tangen finds US investments more attractive due to weaker regulations and more risk-taking
Offer for music rights group rises to $1.5bn as Apollo-backed investor beats rival’s bid
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lender
The RBI is stepping up efforts to crack down on the consumer-finance sector
UK’s largest asset manager has hired headhunters to sound out potential candidates
JPMorgan chief says he would ‘love to be president, but you’d have to anoint me’
Analysts estimate changes could require between $15bn and $25bn of additional capital for the lender
Collapsed crypto firm and co-founder were found liable for fraud
CFPB boss warns over competition and financial stability as Capital One and Discover pursue $35bn merger
The Financial Conduct Authority already has deterrence tools at its disposal
Competition in savings and mortgage markets and rate cut expectations weigh on margins
Plus, Thames Water’s not-so-secure securitised bonds and the FTC tries to curb luxury sector dominance
The industry has not had much to celebrate of late but some things are looking up
Deal with Atlas SP comes after private capital group acquired unit from Credit Suisse
Lee Robinson’s expertise was ‘like having Lionel Messi on your team’. Now his relationship with Warrington is under scrutiny
Regulator says sector needs a consolidated view to avoid a repeat of Archegos fiasco
Huge bullish bets on Shanghai exchanges show growing clout of Asian traders in market for precious metal
Decision hurts David Handler’s chances of securing potentially millions of dollars in equity he sought from the elite M&A boutique
Record profits at lender will bolster state coffers to help fund war on Ukraine
Market share of 44% in fast-growing part of industry far exceeds Pimco’s 15% and Fidelity’s 11%
Home loans with interest rates fixed for a decade or more could get more buyers on to the ladder — and disrupt a £1.6tn industry
Plus, big consulting firms look to pare down their ranks and Blackstone makes a bid for Hipgnosis
Leading players look to partner with banks rather than be their adversaries
The London-based fintech has hired a TikTok executive to lead a ‘media strategy’ as it seeks to diversify revenues
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