Bondholders might balk at the recoveries offered so far, but any remedies involve complex negotiations
Closing arguments presented in legal battle that could upend AI lab’s plan for an IPO this year
Owner of NBA’s Houston Rockets and Keens Steakhouse edges closer in pursuit of one of Las Vegas Strip’s icons
Financial services group Jusan withheld termination fee from former chief operating officer, judge rules
Some buyers find themselves living in properties bought during the pandemic rush but have come to regret their decision.
UK’s biggest DIY investment platform plans to spend £100mn to improve products and digital services
PCAOB considers staff reductions as it takes less confrontational approach to industry oversight
Shares in European fintech have plunged 70% since September
UK’s largest fintech awarded licence to provide complex financial instruments to clients
Alliance underlines growing influence of emirate’s newest sovereign wealth fund
FTSE 100 group posts stronger than expected growth in rental income
Activist investor Toscafund offers £2.50 a share for UK’s largest private hospital operator
Body for pension and sovereign wealth funds wants costs shared between investors and buyout groups
Private capital groups have a new opportunity to buy significant risk transfers tied to credit funds
The chances of claims management companies landing another big blow against the banks are fading
SDNY attorneys that took on Drexel and SAC Capital adopt more lenient stance on corporate wrongdoing
Deputy governor says initial plans may have been ‘overly conservative’ and central bank ‘looking very hard’ at alternatives
The FTSE 100 group’s chief executive says ‘this is our moment’ but private capital rivals are circling
Hedge fund gives ultimatum to members of its global quantitative strategies team based in territory
Middle East conflict’s economic impact is hurting the housing market
Ex-partners are subverting the ‘payment reference’ feature in bank transactions to send abusive messages
Fast-growing market comes under greater scrutiny for potential risks after series of setbacks
Manhattan US attorney Jay Clayton calls the industry a ‘great benefit to the US’
Financier had been sued for personal injury by women
Dorothee Blessing, Kevin Foley and Jared Kaye appointed co-heads of global investment banking
