Has Bridgewater’s big European short been squeezed?
The €10bn bet against European stocks is no more
Financial Times
China’s largest property group warns of 70% plunge in profit
Country Garden’s plight highlights ‘humongous moral hazard’ for Beijing from cash-strapped developers
City of London regulators to face shake-up under Truss
Frontrunner to be UK prime minister eyes merger of FCA, PRA and PSR
Goldman Sachs: D-Sol’s remix sounds a lot like the original
Plus, a junk bond rebound gives bankers hope for LBOs
How South Korea learned to love private equity
Twenty-five years after the Asian financial crisis, Korean buyout companies are flush with cash and rivalling global players
Average pay for PwC’s UK partners tops £1mn for first time
Jump in revenues kicks off expected season of bumper earnings for Big Four accounting firms
Canadian pension giant writes off $150mn Celsius investment
CDPQ concedes it went into crypto ‘too soon’
Genesis CEO exits after crypto broker took hit from Three Arrows collapse
Group plans to cut 20% of its staff as Michael Moro steps aside
Windfall tax/housebuilders: optics trump logic when targeting business
Taxes on high profits stifle investment, reduce supply and lift prices higher
European banks restart Russian bond trading as US clients wind down
Regulators have made it easier to sell off exposures after sanctions froze the market
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