UK challenger banks shy away from current accounts market
Lenders say strict regulation and high costs are stifling their ability to expand
State-led companies back on top in China’s outbound M&A rankings
Beijing’s crackdown on private groups’ offshore deals results in sharp slowdown
European property companies want to attract more insurers
Reform of Solvency II regulation could lead to massive inflows into real estate sector
Lessons from the financial crisis
Fund industry veterans provide their insights 10 years after the global credit crunch
FCA on PPI: off their heads?
Why did the regulator spend £5m on a TV advert featuring an animatronic model of Arnold Schwarzenegger?
Week in Review, September 2
Uber’s new boss; Novartis, Aston Martin, AI assistants, and banks and blockchain
Barclays new DIY investment site suffers hitches
Bank flooded with help desk calls after customers left unable to log into accounts
Provident Financial’s ex-chief forgoes millions in pay and shares
Peter Crook surrenders a year of salary and bonuses after leaving subprime lender
Wells Fargo’s woes come at troubling time for US banks
The lender is facing new issues just as concerns about the financial sector are rising
Guggenheim’s head of sales extends sabbatical
Alexandra Court made changes that sparked tensions among fund manager leaders
Smith & Williamson explores IPO as Rathbones merger talks fail
UK investment managers unable to agree terms on potential tie-up
The US flood insurance market is a mess
John Dizard says the federal programme is broken and private insurers are cautious
Sunac shares slide despite 1,683% rise in profit
Traders flinch at China developer’s escalating debt following acquisitions blitz
Hellman & Friedman leads race for $5bn Nets deal
US private equity firm close to exclusive talks for Denmark-listed payments processor
Anbang sells stakes in Chinese megabanks amid troubles
Share sales in Q2 may have reached $1bn as insurer struggles with plummeting premiums
Majority of asset managers to absorb external research costs
Big fund houses to pay for analysts’ work as sector prepares for European rule change
Source: https://www.ft.com/stream/71a5efa5-e6e0-3ce1-9190-a7eac8bef325