Davidson Kempner’s Tony Yoseloff warns a substantial portion of PE firms are already “stressed or distressed”
Bank sees risks of surge in government borrowing costs and of hit to ‘rich’ asset prices
Flood of redemptions threatens to stall one of Wall Street’s most important sources of growth
Rising interest rates bring prolonged downturn to the buyout industry
The biggest US ETF linked to crude prices has seen record inflows as oil market has ‘meme’ moment
Investors are picking winners and losers based on economies’ exposure to inflationary surge
Despite recent concerns, it helps sustain job creation and economic growth
Sometimes crises do not blow over as investors might hope
An interview with four young men in finance dressed in Armani jackets and Hermès ties exposes several tensions
If renminbi settlement becomes cheaper and more trade migrates, firms will have less need to generate or hold US currency
Europe’s favourite high-beta bank stock strikes again
US allies have a right to avoid being sucked into a war they never sought
Trading on metal exchange suspended during period of high volatility in commodity prices caused by Iran war
Treasury secretary Scott Bessent says White House is prepared to tolerate the trade to avoid supply shortages
Treasury proposes Financial Ombudsman Service reforms to prevent it acting as ‘quasi-regulator’
Irish group cites low level of trading in London shares and the cost and regulatory burden of secondary listing
The SpaceX IPO gamesmanship is going to be epic
Independent operators are caught in the middle between Trump’s Iran war aims and his promise of low petrol prices
War makes it possible.
Plus, rich investors dump private credit funds, five-minute crypto bets and Wallace & Gromit at the Young V&A
Take part in a live Ask an Expert Q&A with the FT’s markets columnist on Thursday March 19 at 1pm GMT
Our economy remains highly fossil fuel-dependent partly because we are not electrifying in the desired way
Group would be wise to move gradually with its lending ambitions
South Asia reels from global energy crisis sparked by the US-Israeli war on Iran
Middle East conflict renews focus on Britain’s resilience to extreme events
Product launched by city-state to lure investors from offshore tax havens could be used for money laundering, says regulator
Independent operators are caught between Trump’s Iran war aims and his promise of low petrol prices
Japan and France dismiss prospect of sending vessels to help reopen Strait of Hormuz
Report warns of ‘systemic flaws’ but consumer groups dismiss ‘rehash’ findings
Sweating the UK’s natural gas assets can support the country’s green transition
Ukrainian president asks if countries ‘collectively decided’ to restart flows from Russia
Neste chief calls for a ‘level playing field’ following heavy investment
Private jets fly over dilapidated Maracaibo as executives seek deals and crude prices surge. A real recovery will not be easy
American producers will be among biggest beneficiaries if crude prices average $100 a barrel this year
London has declined to deploy an aircraft carrier to the Gulf
Long-term inflation expectations are staying steady
