Financials
Smith & Williamson attracts fresh interest in takeover battle
UK wealth manager in talks with Rathbone receives rival offer from Tilney Bestinvest
Russia steps in to stave off Otkritie collapse
Central bank to become ‘main investor’ in ‘systemically important’ private lender
Challenger bank backed by council up and running
Redwood will offer savings and mortgages to small UK business owners
Credit Suisse fund invests in work patterns company
Sapience technology monitors employees’ electronic devices to boost productivity
Investors wary of central bankers’ soothing taper talk
Removal of monetary largesse in US and Europe could rattle markets, analysts warn
UK companies face shake-up over risk managers
New rules aim to strengthen further the role of internal auditors
Why Goldman Sachs still wants to be Asia number one
International dealmakers face growing competition from local banks
China orders videotaping of retail investment sales
Move aimed at protecting banks from charges of mis-selling if people’s bets turn sour
Huarong chief warns of bubble in China’s distressed debt market
Lai Xiaomin says onslaught of inexperienced investors has pushed asset prices up 10%
Leonard Green to buy CPA Global for £2.4bn
US buyout group digs deep to acquire patent services business from Cinven
Deloitte prioritises spending on new technologies as revenue surges
Profits per partner flat as services firm reports double-digit revenue growth
New York regulator seeks $630m penalty from Habib Bank
Pakistan’s largest lender challenges DFS over claims of compliance failures
Hedge funds see a gold rush in data mining
Investors seek an advantage from tradable intelligence but legality of alternative data is in question
Banks use secured lending to sidestep retail losses
Lenders insist on safe form of financing for troubled sector
Ex-Lloyds risk officer had concerns over HBOS loan facility
Court documents claim executive warned on wisdom of £10bn transaction
Burford Capital: class war capitalist
Heady outperformance is all very well, but it is not the same as non-correlation
Source: https://www.ft.com/stream/71a5efa5-e6e0-3ce1-9190-a7eac8bef325