Singapore state-owned investor ‘not in a hurry’ to invest in AI and warns of ‘hype’ in sector
Manager says it plans to capitalise on growing European demand for the products
Analysis reveals some schemes pay up to 14 times more for the same product than rivals
Plus, the Melrose crew is back and Brookfield gets involved in short seller battleground
Private equity interest drove transactions above £3bn in the first half the year, according to Savills
New private equity vehicle Rosebank Industries whose other backers include Norges and GIC will offer boost to London market
In the US, entrepreneurs, donors and family foundations are backing initiatives to teach the basics of managing money
Closing arguments cap eight-week trial in which lawyers for former trader say government failed to prove its case
Neil Shen’s HongShan creates renminbi vehicle with more scope to invest in sensitive technologies than previous $9bn fund
Canadian group could yet ‘build then buy’ to grab returns on offer in a market awash with possible deals
UK asset management group hires Andrew Chorlton from Schroders as replacement
And big banks vs regional banks
Plus, Blackstone’s ‘circular’ credit risk deals, active bond ETFs boom, and the Yoshida dynasty at Dulwich Picture Gallery
The extended transaction timetable may actually be the bidder’s greatest ally
Private capital firms have been hunting ways into market as companies look to offload schemes
Investment revenue is expected to rise 30% over past year as lenders report earnings this week
From the green transition to the digital transformation, the requirement is enormous
‘Search funds’ involving acquisitions of companies worth about $15mn have become popular among ambitious graduates
Ronan O’Grady pleaded guilty to sexual assault in February and was sentenced in late June
Advisers plot ways to ‘Labour-proof’ clients’ finances after landslide victory
One upshot is that companies considering a listing have to be more conservative in their pricing
The reforms are a critical part of the party’s plan to pull the UK out of a decade of low growth and productivity
FTSE 250 housebuilder has already rebuffed an offer from rival Bellway
Sacked ‘whistleblowers’ launch California court action against Europe’s biggest bitcoin-miner-turned-AI-datacentre-builder
Spanish bank’s shareholders give chair Carlos Torres go-ahead to issue stock for offer
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