Billionaire Benettons strike private capital merger in expansion push
Family holding company has agreed to merge its asset management arm 21 Invest with Milan-based Tages
Revolut did not tell UK regulators CEO was listed as UAE resident
Watchdogs sought assurances after becoming aware of Nik Storonsky’s surprise change through media reports
HSBC and another chaotic chair search
Bank’s board still riven over a replacement for Mark Tucker, 15 years after similar succession saga
EU watchdog must be given more power over fund managers, markets
Esma should be granted direct oversight of large cross-border entities and global crypto firms
How banks fuel the private credit boom
Lenders emphasise their safety and private credit’s riskiness. In reality, the two are intertwined
Zillow Removes Climate Risk Scores From Home Listings
The scores aimed to predict a property’s risk from fires, floods and storms, but some in the real estate industry as well as homeowners have called them inaccurate.
Passing on a family business isn’t easy. Here’s why – and what factors predict success
Maskot/GettyEarlier this year, the world watched with interest as the Murdoch family’s real-life Succession drama came to a close.
Swiss voters reject 50% inheritance tax for super-rich
Overwhelming majority opposed wealth tax in contentious referendum
Insurer pulls back from cyber market amid rising hacks and price war
Move by Beazley comes as rivals Chubb and AIG maintain or grow their books in US
Morgan Stanley and Goldman dominate Hong Kong equity deals
A wave of Chinese companies raising money has revived dealmaking in Asia’s financial hub
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