Asset Management: BlackRock’s troubled history in private credit
Plus, investors snap up gilts, ‘buying the dip’ and the best summer books of 2025
Financial Times
Forcing pension funds to buy UK assets is ‘form of capital control’, says Lloyds boss
Charlie Nunn calls on government to tackle housing crisis to provide foundation for Britain’s economic growth
Post-Brexit export drive hampered by UK trade finance regulations, ICC warns
International Chamber of Commerce says overhaul of rules could help plug £22bn funding gap
Revolut yet to receive key credit licence from UK regulators
Permission to offer credit cards to 11mn British customers still pending as fintech nears 1st anniversary of becoming a bank
Liechtenstein hit by Russia-linked ‘zombie trust’ crisis
Hundreds of entities in legal paralysis in the principality after US sanctions trigger wave of director resignations
US public colleges expand PE investments despite downturn
State school endowments see falling valuations as a prime opportunity to get in as public market expectations dim
Investors pile into tokenised Treasury funds
Stablecoin issuers and traders are attracted by yields on offer and potential use as collateral in some derivatives transactions
Australia learns to battle simultaneous floods and droughts
Multiple extreme weather events are hitting the economy and require investment in safety
Wood Group accounts flagged by watchdog as far back as 2017
UK-listed engineering group subject to formal investigation as takeover talks languish
PwC lines up UK managing partner as new Middle East head
Planned leadership reshuffle at Big Four firm comes after recent clash with Saudi Arabia’s Public Investment Fund
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