Private equity firms urge UK to rethink carried interest tax change
Blackstone, KKR and EQT among buyout groups raising concerns over government reforms
UK
Deloitte seeks to avoid liability over US nuclear fiasco
Shareholders claim audit firm helped hide difficulties at South Carolina power project
TikTok’s potential Wall Street owners
Plus, private equity groups push to change part of the UK’s proposed carried interest tax and British conglomerate Jardine Matheson begins a new era
London’s Olympic Village faces £432mn bill for fire safety defects
Estate management company increased provision by £337mn after discovering new faults
Japan’s safety deposit box problem
Thefts have cast a shadow over an industry already under scrutiny
People with dementia could stay in the workplace longer – with the right tech
Andrey_Popov/ShutterstockFor Paul, a finance administrator, things came to a head when his report mistakenly included £7,000,000 of costs rather than £700,000. Fearing accusations of fraud, Paul disclosed his recent dementia diagnosis to his boss.
Six weeks of sick leave became six months, and then a stepping stone to early retirement. Several years later, Paul regrets his unwanted unemployment, but at the time there didn’t seem to be an alternative.
Financier Jay Hambro fined over Wyelands Bank failings
PRA censures former chief investment officer for failings while on the board of Sanjeev Gupta’s lender
Deutsche Bank’s asset manager fined €25mn over greenwashing scandal
Penalty against DWS imposed by German prosecutors follows $19mn settlement with US authorities in 2023
Bad news: it’s shaping up to be a good year for equities trading
An ECM Cinderella story
Stablecoin operator Circle files for IPO as revenues jump to $1.7bn
US firm is latest crypto group to try to take advantage of more favourable environment towards industry under Trump
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