Hong Kong accounting watchdog launches second probe into Evergrande and PwC
Investigation centres on $2bn loan scheme at subsidiary of indebted developer
Financial Times
UK life insurer Phoenix boosted by corporate pension deals
Rising rates have buoyed the market for groups to take on assets and liabilities of company schemes
‘Extreme heat belt’ to place 100mn Americans at risk
Booming Sunbelt region among those to be exposed to longer heatwaves under climate trends
Meme and thematic ETFs surge as inflation fears dip
Legislation paving the way for a boom in clean energy has powered strong performance in related funds
European office market faces biggest test since financial crisis
Cost of servicing debt tops rental income for first time since 2007 as creditworthiness deteriorates
Vanguard active funds suffer bloodiest first-half on record
Investors pulled $54.3bn from the manager’s active mutual funds — more than from any other provider
Climate and crypto fraught with challenges for regulators
Difficulties in tackling complex problems may distract rule-setters from core role in ensuring financial stability
Inside SocGen’s succession plan: why the French bank needs a fresh start
After 14 years, Frédéric Oudéa is stepping down as CEO
How female investors are challenging the funding gap
A new network aims to plug the shortfall in venture capital for women-led businesses and give backers better access to founding teams from diverse backgrounds
UK employers face more pressure to pay down pension deficits
Regulator says new draft code will encourage best practice for defined benefit schemes
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