Amundi to take 10% stake in ICG as it pushes into private credit
Deal with London-based firm boosts French group’s aim to be a ‘consolidator’ in asset management industry
UBS to USA: ‘May I meet you?’
Plus, Blue Owl offers its private credit investors a tough choice and Ashurst and Perkins Coie strike big law’s latest merger
ECB’s top supervisor seeks new powers to override bank capital barriers
Claudia Buch says EU should look ‘more favourably’ at waivers to help lenders move money more freely around the bloc
Ex-NatWest chief Alison Rose named UK chair of fintech FNZ
Former head of bank will join group board alongside CEO Blythe Masters
Ex-partner of sanctioned oligarch sells London flat for £26mn less than original purchase price
Property in One Hyde Park had been held via a trust, with Natalia Rozhkova listed as beneficiary
HSBC board at odds over candidates to succeed Mark Tucker as chair
Bank’s leadership differs on who has necessary finance experience and Asia knowledge
UK raises bank deposit guarantee to £120,000 to keep pace with inflation
Financial services groups will have to make a higher contribution to compensation scheme for customers of failed companies
PRA confirms FSCS deposit limit to be increased to £120,000 from 1 December
From the start of December, UK bank customers will benefit from an increase to the maximum amount they would be reimbursed for if their bank were to fail
High Beef Prices? Trump Official Blames Biden and Migrants.
Treasury Secretary Scott Bessent said migrants were bringing sick cows across the border, snarling beef supply chains.
AI, Antitrust, and the Future of the Marketplace of Ideas
AI was sold as a tool to broaden the marketplace of ideas. Instead, a handful of platforms now control how truth travels, shaping what we see, starving journalism, and locking new AI rivals out of the data democracy needs to survive.
In 1919, Justice Oliver Wendell Holmes famously wrote that truth prevails when ideas compete freely. This marketplace of ideas metaphor has shaped our democracy: when ideas circulate and compete, truth wins out.
Pages
