A growing market for credit risk transfers is drawing a debate over potential hazards and benefits
Plus, Trump’s new antitrust regulator has her eyes on Big Tech and Mubadala Capital takes a stake in a Milken-backed financial firm
Investors and advisers prepare for consolidation among country’s thousands of regional lenders
Gifts for the risk takers and rainmakers
A legal grey area over who can own a US bank may get resolved, and Big Tech could be a big beneficiary
Any evidence of consolidation would help
As few as 2,000 employees could receive pay and title bumps in the next month, down from about 8,000 in previous rounds
New York-based bank was vocal champion of Indian group whose billionaire head is accused of bribery scheme
A transatlantic regulatory arbitrage resurfaces in short-term money markets
Small-town customers should get the same treatment as their well-connected peers in Silicon Valley
US bank conducting internal investigation into ‘front running’ of deals
Digital-only bank makes first foray into lending after amassing more than £20bn in deposits
British lenders face a competitive threat from Trump’s plans for regulatory bonfires
Much of the increase has been in equities but exposure to structured credit has been growing as well
Debt bankers forecast to make biggest gains as finance industry recovers from two-year lull
And regional banks as a Trump trade
Bankers are cheering the prospects for a lighter regulatory touch, but guardrails do benefit their industry
The US election and elevation of the Tesla boss could lead to big deal fees. The race is on to be his favourite consigliere
More bonuses will go to those who move client assets into investments, and less to those who sell new loans
Wall Street investment bank to promote 95 people to coveted title in biennial process
An interview with Yale’s Steven Kelly
A bank practice known as ‘extend and pretend’ has delayed a write-off reckoning but may hide a growing systemic risk
Plus, Democratic megadonors reflect on what went wrong and how Elon Musk positioned himself for political triumph
Companies whose fortunes are closely tied to US economy should benefit, say analysts
Election outcome means less red tape, more M&A and more volatility, but health of financial system looks less certain
