Crowding down; density up
German lender expects €430mn boost to profits after deal in one of its longest-running legal disputes
Private jets, Lambos and selling trading courses for £150 a month — something doesn’t add up in the world of the ‘hustle bros’
SEC is investigating co-chief investment officer of firm’s Western Asset unit
Asset manager supported just 20 of 493 environmental and social proposals put forward by shareholders at annual meetings
I learnt the hard way: it is easy to support development in the abstract
Plus, the Chicago firm looking to become a merchant bank and Edgar Bronfman Jr gatecrashes Paramount’s deal
Regulator criticises use of phrases such as ‘interest falls like rain’ and ‘uninterrupted cash flow’
New York legal firm hires David Holdsworth as it keeps up rapid expansion in Europe
State involvement reflects a lack of institutional money
Banks have disbursed only a fraction of the scheme’s target lending to buy up unsold housing
Move aims to give councils and housing associations more certainty over cash flows
Former Prudential chief was on board sunken yacht with British tech founder
Company to issue $5bn of bonds and $4.8bn of convertible bonds
Regulators must show pragmatism as well as toughness but playing legal mediator, rather than policeman, looks odd
Plus, the great lengths of H2O Asset Management and a long-shot bid emerges for 7-Eleven
Once considered a cash cow by dealmakers, PIF has slowed spending on global investments, bankers say
Hilco Global has moved from selling obsolete inventory to making star hires and tapping global investors
Activist and his company will pay $2mn to resolve probe launched after Hindenburg Research report
Bitwise’s acquisition of ETC Group follows Robinhood’s $200mn purchase of crypto exchange Bitstamp in June
It might be soon — but that would leave tenants on a painful plateau
Pyrrho director Anson Chan says Takeover Panel needs ‘more teeth’
First & Peoples survived many disasters, but loans to a fintech may prove its undoing
Post T+1 analyses of passive S&P 500 funds show European returns are 14-20 basis points lower than their US equivalents
Banker’s guilty plea to sex offences raises questions about how employers monitor criminality
