Warren Buffett to step down from Berkshire Hathaway
Plus, Trump adviser struggles to calm investors, the US economy contracts, and Edvard Munch at the National Portrait Gallery
Financial Times
Private equity’s best days are over, says Egyptian billionaire Sawiris
Buyout firms’ difficulties in securing exits and distributing cash to investors are leading to mounting frustration
High mortgage rates and tariff uncertainty drag on US housing market
Trump’s trade wars and federal job cuts lead to stagnation during what should be peak selling season
Bankers who lament ringfencing should watch what they wish for
Deregulation could open door for big American rivals to invest in nascent UK lending operations
City rift opens up over the ringfencing of UK banks
Barclays CEO’s defence of regulation contrasts with calls for reform by other senior bankers
Mission impossible? Abel’s tricky task leading Berkshire after Buffett
Handpicked successor inherits record cash pile — but will be scrutinised more than ‘Oracle of Omaha’
Why the ECB is telling staff it’s time to move
Central bank wants employees to swap roles at a faster pace
Struggle intensifies in Lebanon over IMF-sponsored bank reforms
Opponents of clean-up plan target MPs and activists with barrage of media and legal attacks
Buffett sells stocks for 10th quarter in a row
Veteran investor says ‘trade should not be a weapon’ in dig at Donald Trump’s tariffs policy
Reeves’ pension overhaul smacks of ‘desperation’, says shadow chancellor
Mel Stride’s comments come as funds warn plans to make them invest more in UK could leave members worse off
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