2 h. ago Morning Coffee: Firing bankers in London is about to become a lot harder. Jane Street as a private equity firm

Morning Coffee: Firing bankers in London is about to become a lot harder. Jane Street as a private equity firm  eFinancialCareers

Economics

24 h. ago Bank of England launches stress test of private equity and credit

Bank of England launches stress test of private equity and credit  Reuters

Economics

68 h. ago White House defends releasing jailed executive who defrauded thousands out of $1.6bn

The White House has defended Donald Trump’s commutation of a prison sentence for former private equity executive David Gentile, who conned thousands out of $1.6 billion in a fraud scheme.

Events

4 d. ago Trump frees New York private equity executive who defrauded victims of $1.6B

The news was announced on Thanksgiving by Trump’s “pardon czar”

Politics

4 d. ago Trump commutes prison sentence for former private equity executive David Gentile

President Donald Trump has commuted the prison sentence of a former investment manager convicted of defrauding investors

Events

2 w. ago Japan and Switzerland’s economies contract as exports are hit by US tariffs; Alphabet shares jump after Warren Buffett reveals stake – business live

Rolling coverage of the latest economic and financial newsChina travel warning for Japan sends shares in tourism and retail companies plungingAlthough WPP’s shares have slipped back a little (+3.7%), they’re still leading the FTSE 100 risers.AJ Bell investment director Russ Mould sums up the situation:“Executives at embattled advertising agency WPP have recently been snapping up shares in the company and it seems they may not be the only ones who see value in the business. There is speculation about a bid from French rival Havas and private equity firms reportedly looking to pick off bits of the business.“After years when it felt like WPP’s shares had been suffering a slow puncture, the tyre has burst in stock market terms for the company in 2025. This led to the departure of CEO Mark Read and investors in the US apparently being rallied by law firms for a class action lawsuit alleging they were misled about the state of the business.This better-than-expected performance was initial...

Economics

2 w. ago Epstein emails reveal how he tried to weasel his way into Trump's orbit... and asked for photos of children

In an exchange with Tom Barrack, a private equity investor who is now Trump's ambassador to Turkey, Epstein made the request.

Politics

3 w. ago Telegraph sale to RedBird collapses after newsroom opposition

US private equity group walks away due to regulatory uncertainty and negative commentary from newspaper

Politics

3 w. ago There is so much more to the stellar City than a crude count of the IPO tally

The rise of private equity and technology-led, asset-light firms means much of today’s value creation now happens outside the public markets

Politics

3 w. ago Private Equity Tops Hedge Funds as London’s Big Office Spenders

Private Equity Tops Hedge Funds as London’s Big Office Spenders  Bloomberg.com

Economics

3 w. ago Barclay family sells Littlewoods owner The Very Group to US private equity

The Barclay family has sold online retailer The Very Group to US private equity after more than 20 years of ownership.

Politics

3 w. ago Barclay family’s Very Group taken over by US private equity firm Carlyle

The move ends a lengthy period under the ownership of the Barclay family, which has been forced to give up control of a raft of businesses.

Economics

3 w. ago US private equity giant poised to take over online retailer The Very Group

Barclay family set to lose another part of former business empire, once known as Littlewoods, to Carlyle GroupThe Barclay family is set to lose control of another part of their former business empire with a US private equity firm taking control of online retailer the Very Group.Washington-headquartered Carlyle Group is expected to announce it has taken over the retailer as soon as Monday morning. Continue reading...

Politics

3 w. ago Private equity steps in as Europe’s last industrial groups splinter

Buyout firms see opportunities to improve performance at non-core divisions of region’s remaining conglomerates

Politics