$4tn wealth transfer sparks battle for kids of the rich
Younger generations are more focused on sustainability, clean energy and impact investingSource: https://www.ft.com/content/aa704cbc-c9dd-11e7-ab18-7a9fb7d6163e
Investors flock to world’s top direct lending fund
ICG raises record €5.2bn for vehicle that will back medium-sized European companiesSource: https://www.ft.com/content/2c4e4c94-c9fb-11e7-ab18-7a9fb7d6163e
Santander to pay former chief of US subprime auto arm $713m
Exit deal with Thomas Dundon involving troubled unit was over two years in the makingSource: https://www.ft.com/content/1a0ea0ca-cbf8-11e7-ab18-7a9fb7d6163e
Week in Review, November 18
Boeing vs Airbus, Altice’s U-turn, Cerberus builds Deutsche Bank stake, and GESource: https://www.ft.com/content/7bffceb4-cbb5-11e7-ab18-7a9fb7d6163e
The London Stock Exchange tests good governance
As Brexit approaches, a key City institution is wobblingSource: https://www.ft.com/content/b284dc2c-cb92-11e7-aa33-c63fdc9b8c6c
LSE directors weigh publishing dossier on Rolet
Board considers including emails to detail CEO’s hard-charging management styleSource: https://www.ft.com/content/846e1e52-cbba-11e7-ab18-7a9fb7d6163e
LSE’s Xavier Rolet centre stage in bitter public dispute
Row with investor threatens to undermine exchange’s role as corporate guardianSource: https://www.ft.com/content/b5f67ab6-c938-11e7-ab18-7a9fb7d6163e
Wells fires top exec over inappropriate communication
Source: https://www.ft.com/content/488dbeed-b3c5-3d50-9193-f9ad594f16cb
Trump administration recommends business-friendly changes to ‘too big to fail’ rules
Source: https://www.ft.com/content/a4589050-2e06-34ab-a53e-84359a9055f0
Standard Life flagship fund continues to suffer outflows
‘Default choice’ for many financial advisers sees £561m outflows in SeptemberSource: https://www.ft.com/content/abbe14e6-ca0f-11e7-ab18-7a9fb7d6163e
China tightens rules on asset management to rein in risky lending
Central bank leads charge to unify standards on runaway shadow banking sectorSource: https://www.ft.com/content/a8b320c2-cb89-11e7-ab18-7a9fb7d6163e
Deutsche Bank CEO says European banks would benefit from consolidation
Source: https://www.ft.com/content/e5f08803-ad67-3f9e-9209-de07d67ce62d
Nationwide hit by mortgage lending price war
Net lending drops by a third and mutual expects competition to remain intenseSource: https://www.ft.com/content/65d008aa-cb76-11e7-ab18-7a9fb7d6163e
Genoan bank Carige races to reassemble capital raise deal
Source: https://www.ft.com/content/daca8be5-e1af-360b-9e8e-dfb8a1c93122
Nationwide warns on tougher mortgage trading conditions
Source: https://www.ft.com/content/98ac394d-894a-33bb-871b-33653dbec986
DBS to expand Digibank services in Hong Kong
Source: https://www.ft.com/content/8f350a3d-d8e4-379f-9302-dd170088c01b
Mortgage costs would offset stamp duty cut, says study
Lenders’ stress tests ‘a major hurdle’ for first-time buyers in LondonSource: https://www.ft.com/content/f482ddf2-cae5-11e7-ab18-7a9fb7d6163e
Saving for retirement: how much is enough?
Younger workers are putting off the day when they put aside money for their pensionSource: https://www.ft.com/content/8e324baa-c86f-11e7-ab18-7a9fb7d6163e
Will Budget be a Pret sandwich short of a picnic?
The avocado has well and truly hit the fan among enraged millennialsSource: https://www.ft.com/content/510ed334-cab7-11e7-ab18-7a9fb7d6163e
David Davis sweet talks bankers on Brexit terms
Minister promises soft deal the City of London has long campaigned forSource: https://www.ft.com/content/c2bf38c8-cabe-11e7-aa33-c63fdc9b8c6c
Source: https://www.ft.com/stream/71a5efa5-e6e0-3ce1-9190-a7eac8bef325