Mediobanca rejects Monte dei Paschi’s takeover bid
Mediobanca said that the structure of the offer was unattractive partly because it would be difficult to establish the intrinsic value of MPS shares. It cited billions of euros in non-performing loans ...
London lawyers for Wagner founder Prigozhin to face no action
England’s legal regulator ruled last year to take no action against lawyers that represented the deceased Wagner mercenary leader Yevgeny Prigozhin in a London High Court libel claim that the Russian ...
France probes Binance over alleged money laundering and terrorist finance
Binance is “likely to have assisted in habitual money laundering . . . in particular drug trafficking and tax fraud”, the French public prosecutor said on Tuesday, for activities “committed in France ...
G7 warns Ukraine over weapons procurement feud
The conflict erupted last Friday, when Ukrainian defence minister Rustem Umerov sacked Maryna Bezrukova, director of the ...
JPMorgan in talks to lease Credit Suisse’s Canary Wharf building
One Cabot Square was one of the first buildings completed at Canary Wharf, which was strongly supported by Credit Suisse First Boston chair at the time, Michael von Clemm. The lender was among the ...
Microsoft stifling competition in cloud services market, finds UK regulator
The UK antitrust regulator has singled out Microsoft for using its dominance in software to stifle rivals in the £9bn UK cloud services market, as the watchdog warned competition “is not working”.
‘Brasil! Brasil!’ at the Royal Academy — it feels like summer in this sumptuous show
A pink manacá flower pirouettes on its petals, a mountain soars then swoops into the outline of a blue head and shoulders, ...
The City Changes Its Face — Eimear McBride at the pinnacle of her craft
Since the publication of her justly celebrated debut A Girl Is a Half-Formed Thing in 2013, Eimear McBride has been vocal ...
The promise and peril of an offshore digital (government) dollar
Simply sign up to the Digital currencies myFT Digest -- delivered directly to your inbox. Vincient Arnold is a researcher at the Yale Program on Financial Stability and publishes research notes on his ...
‘Sometimes I fantasise about climbing back down a rung or two of the property ladder’
Should you buy your dream home? In the same way that above a certain threshold, a bump in salary has no effect on happiness, moving to a bigger house above a certain size doesn’t increase wellbeing ...
UK law firm suspends trading after management disputes
RBG Holdings, which owns the law firms Rosenblatt and Memery Crystal, said on Tuesday that it had suspended trading on London’s Aim market after a “lack of progress regarding the various strategic ...
Iran rethinks confrontation with Donald Trump
US president’s return comes as conflict with Israel leaves Islamic republic at its most vulnerable point in years ...