Case centres on whether executive was improperly identified

New macro vehicle distinguishes itself with profits from Brexit vote volatility

Unlikely coalition of opposing groups hopes Priips, due to come into force in 2017, will be delayed

The Big Picture

Some private debt funds see profit opportunity in financing underserved borrowers at high yields

Billionaire has pass revoked so he cannot do ‘stuff those running the business should be doing’

US tech group and Chinese payment settlement network in loyalty scheme partnership

US options trading industry in merger throes

Consumer group Which? calls for greater safeguards in super-complaint to regulator

Era of personality-driven funds of old may be coming to a close

Ecommerce group maintains pledge that groups will start to turn profitable next year

Hedge fund investor faces even more serious allegation of a cover-up in insider trading probe

Billionaire hedge fund investor ‘generated substantial illicit profits’

Income drawdown has risen in popularity since the pensions freedom and choice regime came in but are there hidden drawbacks?

City watchdog reports 1,400% rise and warns of ‘ransomware’ threat

Sale of asset management business will be crucial for Italian bank

Black Rhino agrees its first $300m investment in pipeline between Ethiopia and Djibouti

Unit’s first acquisition marks strategy shift to develop real estate and infrastructure

Watchdog findings ‘broadly positive’ but it says some consumers could miss out on cover