Klarna breaks even for first time since blockbuster New York IPO (May 14, 2026 12:23)
Shares in European fintech have plunged 70% since September

Revolut prepares to launch private bank as it woos wealthy (May 14, 2026 11:55)
Europe?s largest fintech awarded licence to provide complex financial instruments to cl...

Abu Dhabi?s L?imad joins BlackRock and Temasek on $30bn infrastructure push (May 14, 2026 09:07)
Alliance underlines growing influence of emirate?s newest sovereign wealth fund

HMRC to use AI from British tech firm to spot fraud and tax return errors (May 14, 2026 05:10)
Quantexa, a financial data platform, won the £175m contract to spot fraud and tax retur...

Cuba has run out of diesel and oil, energy minister says (May 14, 2026 04:26)
The minister says the situation in Cuba is "extremely tense", as a US-led blockade of o...

Private equity backers slam ?runaway? legal costs from top law firms (May 14, 2026 04:14)
Body for pension and sovereign wealth funds wants costs shared between investors and bu...

The new circular trade in private credit (May 14, 2026 04:00)
Private capital groups have a new opportunity to buy significant risk transfers tied to...

UK?s financial ambulance-chasers are running out of road (May 14, 2026 04:00)
The chances of claims management companies landing another big blow against the banks a...

Will L&G be the City?s next domino to fall? (May 14, 2026 04:00)
The FTSE 100 group?s chief executive says ?this is our moment? but private capital riva...

Australian giant Coles misled shoppers with fake discounts, court rules (May 14, 2026 03:09)
The decision, which comes amid similar case against Woolworths, could mean significant ...

Why big tech is betting on cute mascots (May 13, 2026 23:08)
The likes of Apple, Microsoft and Google are all putting cartoon characters centre stage.

Higher Europe air fares 'inevitable', says industry head (May 13, 2026 23:03)
Flying by air will get more expensive as oil prices remain high after the US and Israel...

Citadel tells key researchers to relocate from Hong Kong or quit (May 13, 2026 23:01)
Hedge fund gives ultimatum to members of its global quantitative strategies team based ...

Nationwide to crack down on payment message harassment (May 13, 2026 23:01)
Ex-partners are subverting the ?payment reference? feature in bank transactions to send...

Trump's Fed chair pick Kevin Warsh confirmed by US Senate (May 13, 2026 20:15)
Kevin Warsh was confirmed by the narrowest margin since the role required a Senate conf...

UK regulator pushes private credit groups to share more data (May 13, 2026 20:10)
Fast-growing market comes under greater scrutiny for potential risks after series of se...

Private credit is not ?a cancer?, says Wall Street?s top prosecutor (May 13, 2026 19:29)
Manhattan US attorney Jay Clayton calls the industry a ?great benefit to the US?

Crispin Odey settles sexual assault claims (May 13, 2026 16:37)
Financier had been sued for personal injury by women

JPMorgan reshuffles investment bank chiefs amid wider shake-up (May 13, 2026 15:19)
Dorothee Blessing, Kevin Foley and Jared Kaye appointed co-heads of global investment b...

WhatsApp launches totally private 'incognito' conversations with its AI chatbot (May 13, 2026 14:00)
A cyber security expert says deleting chat history could lead to a lack of accountabili...

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