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US borrowers raised $7bn this month by selling convertible debt
UK group to tap investors for $1.5bn and add up to 25 portfolio managers
African state steps up pressure on exchanges as it tries to halt speculation on naira
Equities gain 20% in dollar terms as hot inflation again pushes savers into shares
Core performance fees down by more than three-quarters to $180mn
Coinbase reports disruptions as traffic on trading platform jumps tenfold
Stock price of combined company tends to underperform after deals
American companies are trying to head off the introduction of strict rules like those imposed in the EU
Comparisons between the Magnificent Seven US tech stocks and the dotcom bubble miss the point
Plus money velocity
We can jack up capital requirements more
Environmental, social and governance investing principles were a dominant topic for years. What happened?
Super Micro Computer sells bond that swaps into equity with no coupon as downside protection
Former GLG executive’s move comes as investment groups seek scale amid eroding margins
Exchange group has proposed 76% increase to David Schwimmer’s pay deal
Watchdogs’ blessing of significant risk transfers remains decidedly conditional
The global slide in prices points to bigger questions regarding Europe’s industrial recovery and the commodity’s role as a transition fuel
Every day we stray further from God’s light
Asset manager books £86.2mn restructuring charge but reports rising funds under management
Nicolas Aguzin’s term ends on downbeat note with subdued trading and scant initial public offerings
Also in today’s newsletter, US earnings look fine (but only fine)
For the company to achieve a consistent reduction in share count, big buybacks will have to be the norm
Now that interest rates are higher, many wealthy individuals are switching to providing loans
Regulator-led active fund fee reforms create downward pressure on prices and spread into passive fund space
Dara Khosrowshahi became entitled to award after meeting targets set before ride-hailing group’s IPO
Chancellor Jeremy Hunt wants to announce move in the Budget as he encourages funds to invest more
CVR Energy has paid out $3.2bn in dividends to feared activist’s public investment vehicle
Payments company’s value is 30% higher than last year but is still well below its 2021 peak
UK wealth manager under fire from regulators over fee structure
French payments group pledges cost cuts and improvements in profitability
Tactical trial balloon or a real possibility?
Large asset managers will end up on the ‘wrong side of history’, Washington envoy says
Revenues at Swedish fintech climb as group sticks to expansion plan
FTX founder should face no more than six and a half years behind bars, his lawyers argue ahead of hearing next month
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