Under Trump, the SEC should open up private markets to retail investors
Regulated funds are the natural bridge to allow individuals greater access
UK
Barclays’ private credit partner struggles to raise new funds
Tie-up with AGL Credit Management launched last year with $1bn from Adia but has attracted little money since
Barclays’ private credit woes
Plus, an all-cash takeover offer for Fortnox surprises short sellers and a creditor-on-creditor fight makes its way to Europe
Lloyd’s of London chair backs internal CEO replacement
Bruce Carnegie-Brown endorses Patrick Tiernan as insurance market prepares for three top jobs to change hands
First cat bond ETF opens new frontier in low-correlation returns
Catastrophe bonds linked to randomly occurring natural disasters were previously considered too illiquid for ETFs
Klarna hit by buy now, pay later backlash as it targets $15bn IPO
Swedish fintech brought ‘pay in four’ to everything from food to fashion but sceptics point to model’s vulnerabilities
Rocket to buy Mr Cooper in $9.4bn deal to create US mortgage giant
Combined group will service loan book worth more than $2.1tn
Looking for a job? Understanding how you make career decisions can help
Mix and Match Studio/ShutterstockIf you’re getting ready to leave school or university and are trying to figure out your future career, you may well have been given the advice to start with some self-exploration. This means thinking about what you are like as a person and what you want from a job.
How Beijing plans to bounce back against Trump’s tariffs
China’s president Xi Jinping recently held a meeting with 40 leaders of multinational companies, including BMW and AstraZeneca.
Hedge funds fight over one of Europe’s largest lingerie brands
Dispute over control of Dutch retailer Hunkemöller is latest example of so-called creditor-on-creditor violence in Europe
Pages
