Archegos’s Bill Hwang sentenced to 18 years in prison
Former Wall Street trader was convicted of fraud and manipulation in scheme that resulted in big losses for banks
Financial Times
Grant Thornton UK picks private equity over US merger
Accounting firm agrees to sell stake to buyout group Cinven
Santander sets aside £295mn to cover costs over car finance ruling
Provision made after court decision last month on mis-selling of car loans
Bridgewater’s Bob Prince buys $12mn home in wealthy Hong Kong enclave
Hong Kong Monetary Authority official calls for applause for executive’s purchase at finance conference
London drives surge in UK rental costs
Rents soar in October on back of high demand and pre-Budget landlord sales
Elliott’s Tokyo Gas property push should not get Lost in Translation
With Japan’s hotel market booming, now would be a good time for the group to consider selling the Park Hyatt Tokyo
BlackRock and Amundi zero in on concentrated ‘mega-cap’ ETFs
Launches go against the flow of money going into strategies intended to protect investors from overconcentration
Klarna’s US listing is a sad reflection of Europe’s failings
Until there is a single market in areas from services to capital markets, more companies will choose American exchanges
Can I avoid disruption to my child’s education?
My ex-husband claims he can’t afford the VAT added to our children’s school fees
‘Trump bump’ makes Paul Taubman Wall Street’s newest billionaire
Stock surge at boutique PJT Partners values Blackstone co-founder Stephen Schwarzman’s stake at over $900mn
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