Catastrophes wipe $35bn from insurers’ profits
Industry losses expected to lead to higher premiums for customersSource: https://www.ft.com/content/c4bde6a0-c795-11e7-ab18-7a9fb7d6163e
Activist fund pushes Credit Suisse chief on cost-cuts
RBR Capital cools on demands for Swiss bank to break-up in talks on slashing overheadsSource: https://www.ft.com/content/ad4810fe-c637-11e7-a1d2-6786f39ef675
Insurers/IFRS17: charge of the light brigade
Old arbitrariness made it too easy to hide bad business behind accounting complexitiesSource: https://www.ft.com/content/c52f584e-87ee-11e7-8bb1-5ba57d47eff7
China’s financial groups open to foreign owners
Asset managers, not banks, are more likely to attract outside capitalSource: https://www.ft.com/content/8f87b47a-c63c-11e7-a1d2-6786f39ef675
China’s assets under management to hit $17tn by 2030
Ageing population and expanding middle class will drive country’s investment industrySource: https://www.ft.com/content/34be24c4-c3ae-11e7-b2bb-322b2cb39656
British establishment entangled in Paradise Papers
Investments by the Queen, parliamentary pension fund and university endowments scrutinisedSource: https://www.ft.com/content/c7b0bc36-c56d-11e7-a1d2-6786f39ef675
Home insurers face profit crisis as repair costs soar
Forecasts show industry will be barely profitable this year and lossmaking in 2018Source: https://www.ft.com/content/036f8e1e-c622-11e7-b2bb-322b2cb39656
Equifax scraps bonuses and buybacks as hacking cost mounts
Investors warned to brace for costs of lawsuits and investigationsSource: https://www.ft.com/content/9cba5f34-c584-11e7-a1d2-6786f39ef675
Capita will pay up to £66m to compensate Connaught investors
Outsourcer seeks to close a chapter in long running scandalSource: https://www.ft.com/content/bbe7333e-c618-11e7-b2bb-322b2cb39656
Future of London’s office rental market looks distinctly grey
Subletting and freebies are helping to hide Brexit-related stressSource: https://www.ft.com/content/eaa1ee2a-c5fb-11e7-b2bb-322b2cb39656
China’s tight capital controls fail to address underlying problems
Strict controls keep funds in the country, inflating bubbles and storing up policy headachesSource: https://www.ft.com/content/1d288888-c613-11e7-b2bb-322b2cb39656
Broker TP ICAP wins partial victory in EU courts
Luxembourg strikes down one charge against broker over cartels in interbank marketsSource: https://www.ft.com/content/8d98e72a-c5ff-11e7-a1d2-6786f39ef675
In a decade, could Facebook tag our personal finances?
Ability to make payments to friends via social media is just the startSource: https://www.ft.com/content/f299b766-c2e5-11e7-a1d2-6786f39ef675
TP ICAP faces network outage at voice broking unit
Source: https://www.ft.com/content/7f647b32-a8c3-3287-a40f-b21bed810045
China pledges to open finance sector to more foreign ownership
Official says foreign and domestic investors to be treated ‘equally’ when buying stakesSource: https://www.ft.com/content/d4a85422-c5d5-11e7-b2bb-322b2cb39656
Deutsche Bank: boom-to-nearly-bust
Welcome to Due Diligence, the FT’s daily deals briefingSource: https://www.ft.com/content/05a042fe-c5a1-11e7-b2bb-322b2cb39656
China to ease limits on foreign ownership for finance companies
Source: https://www.ft.com/content/cd4102d7-6798-36eb-95fc-036f74018204
New guards of the City take aim at corporate delinquents
Stewardship, which for years languished in relative obscurity, is now in the spotlightSource: https://www.ft.com/content/68bad84c-c491-11e7-b2bb-322b2cb39656
Wilbur Ross puts Brexit on the menu at bankers’ lunch
Juan Colombás of Lloyds strikes upbeat tone on UK leaving the EUSource: https://www.ft.com/content/ca22833c-c563-11e7-a1d2-6786f39ef675
UK’s Kwik Fit embroiled in Asian corporate tussle
Auto servicing group becomes battleground between China-focused fund and private equity firmSource: https://www.ft.com/content/b20b5836-c45b-11e7-b2bb-322b2cb39656
Source: https://www.ft.com/stream/71a5efa5-e6e0-3ce1-9190-a7eac8bef325