Aberdeen takes on Stagecoach’s pension scheme in ‘landmark’ deal
Asset management group will actively manage surplus distributed to transport company’s scheme members
Financial Times
Big Four maintain stranglehold on biggest UK audits
No mid-tier accounting firms won mandates from large listed firms, banks or insurers last year, FRC finds
Lloyds Bank pushes for AI and blockchain to transform UK homebuying
Charlie Nunn says system of tokenised deposits has potential to spark change as dramatic as invention of smartphone
MSCI launches index combining public and private equities
New benchmark comes after rapid growth of unlisted assets sector in recent years
Bank of England to consult major private credit groups on stress test
Landmark exercise to test resilience of $16tn finance market outside banking
HSBC’s chair search ends where it began
Plus, Blue Owl bought its shares and Bending Spoons embraces financial engineering in Europe
Abu Dhabi sovereign fund accuses US PE firm of self-dealing in lawsuit
Move by Energy & Minerals Group to sell stake in Ascent Resources highlights potential conflicts in ‘continuation deals’
First Brands financier says ‘a lot of people made a lot of money’ from bankrupt group
Head of trade finance provider says some lenders made out handsomely before car parts company imploded
How Brendan Nelson became HSBC’s stop-gap chair
A chaotic seven-month search cast the net wide but ended with Mark Tucker’s interim replacement
The challenge for HSBC’s new chair: make yourself utterly replaceable
The bank scoured the globe for candidates only to choose the person already doing the job on an interim basis
Pages
