Much of the increase has been in equities but exposure to structured credit has been growing as well
Ken Griffin’s Citadel Securities is among those challenging the US market surveillance system
Donald Trump also selects lawyers from criminal cases for other high-level posts in his administration
FT journalists responded to readers’ queries on how the global economy might change under the incoming president
Contenders for prime slots include a top aide to JD Vance and several former Department of Justice lawyers
Debt bankers forecast to make biggest gains as finance industry recovers from two-year lull
Bankers are cheering the prospects for a lighter regulatory touch, but guardrails do benefit their industry
Plus, Berkshire Hathaway’s cash pile reaches unprecedented heights and billionaire Scott Bessent jockeys for Treasury secretary role
Analysts and investors warn tension between different aspects of president-elect’s policy add to risks of a reversal
Plus, Democratic megadonors reflect on what went wrong and how Elon Musk positioned himself for political triumph
Bankers, private equity executives and money managers anticipate change in personnel and tone
FinReg FUBAR
Finance industry steps up effort to further undermine Basel III endgame after winning major concessions on terms
Proposal by regulators requires passive investment funds to seek approval when holdings hit 10%
Start-up backed by Google and Amazon says tool can act like a ‘human collaborator’
Consumer regulator says companies ‘illegally sidestepped’ obligations in latest setback for struggling partnership
A new rule tells US banks to share data with rivals whenever customers demand it. They would rather not
Agency finalises regulations aimed at increasing competition and helping consumers link bank accounts to apps
Oh, Chevron, we hardly knew ye
Industry executives worry World Liberty Financial will undermine painstaking efforts to rebuild trust after scandals
Consumer Federation of America says SEC should consider potential conflicts of interest
An asset cap is going to hurt. Just ask Wells Fargo
Basel committee draws lessons from collapse of Silicon Valley Bank and rescue of Credit Suisse
Prosecutors say Canadian lender failed to remedy ‘long-term, pervasive and systemic deficiencies’ because of cost controls
Senator says US regulator needs to take tougher line against ‘repeat offenders’