Peter Thiel joins tech billionaires backing new lender to rival Silicon Valley Bank
Start-up named after the dragon’s mountain in ‘Lord of the Rings’
National/regional news and analysis
Santander to buy UK high street lender TSB for £2.65bn
Spanish bank beat British rival Barclays which also put in formal bid for Sabadell-owned unit
Citadel and Millennium outshone by smaller hedge fund rivals after trade war turmoil
Ken Griffin’s flagship fund was up 2.5% in first half of 2025, while Izzy Englander’s firm gained 2.2%
The risks of funding states via casinos
It is easy to imagine conditions in which money simply dries up, perhaps in response to large movements in bond yields
Why Asos should be wary of banning customers returning unwanted goods
'Now where's that returns label?' Cast of Thousands.ShutterstockShopping for clothes online is a risky business. How do you know if that top will be a good fit, or those shoes will definitely be the right colour? One popular solution to this predicament is to order lots of tops and lots of shoes, try them on at home, and send back all the ones you don’t want – often at no cost.
Peat bogs and oyster farms vie for a spot in your pension fund
Generating returns from ‘nature positive’ finance sounds good but fuzzy definitions might put off investors
Southern Water secures £1.2bn bailout from Macquarie
Deal with Australian investor will see lenders including Ares and Westbourne take significant haircuts on their debt
Mitsotakis tries to stem subsidy scandal damage as opposition smells blood
Prime Minister Kyriakos Mitsotakis is trying to get ahead of the evolving OPEKEPE scandal by promising tough action and insisting that the involvement of government officials in the affair is limited, and will not require any further resignations beyond the four cabinet members who left their posts last week.
Taiwan’s currency jumps as life insurers rush to hedge against weak US dollar
New Taiwan dollar makes biggest single-day gain since rapid appreciation in early May
As Debt Piles Up, Countries See Fiscal Relief as Political Leverage
With developing nations crushed by unaffordable borrowing and Washington on the sidelines, some leaders are brokering debt forgiveness deals.
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