UBS plans $3bn share buyback on stronger than expected results
UBS blew past expectations during the fourth quarter with $770mn in net profit, boosted by a strong performance at its investment bank, and announced $3bn in share buybacks on Tuesday. Quarterly ...
BNP Paribas reaps gains from investment banking revival
Growth at BNP is expected to be boosted by the integration of Axa Investment Managers, which it acquired from the French insurer last year in a €5bn deal. Including the Axa IM business, BNP said it ...
EU open to bending fiscal rules to boost defence spending
Brussels is open to increasing the “flexibility” of the EU’s rules governing national debt and fiscal deficits to allow ...
FTAV Q&A: Anthony Scaramucci
FT Alphaville caught up with Anthony Scaramucci — founder of SkyBridge Capital and Donald Trump’s White House communications director for 10 days in 2017 — on the sidelines of the Digital Assets Forum ...
Have America’s industrial giants forgotten what they are for?
As President Donald Trump introduces protectionist tariffs to try to turbocharge a US manufacturing renaissance, critics ...
Does Santander's sprawling empire still make sense?
John Cronin, a financial industry analyst and founder of SeaPoint Insights, says: “The point is [Santander] generates a ...
The high-end care homes taking their cues from hotels and members’ clubs
From Michelin-star chefs, chic interiors and spas to AI pain management, these residences are rethinking care for wealthy ...
Court brawl reveals fractious world of investment banking
The civil trial is the culmination of a decision a decade ago by the top tier dealmaking shop Perella Weinberg Partners to ...
Donald Trump’s cuts to renewables risk US energy crisis, warn executives
Donald Trump’s restrictions on renewable energy risk sparking an electricity crisis in the US, driving up costs for consumers ...
UK takes legal advice over pulling out of $20bn Total LNG project in Mozambique
The UK is taking legal advice over whether it can withdraw $1.15bn of taxpayers’ money from TotalEnergies for a controversial $20bn liquefied natural gas project, according to two people with ...
What should my son do with his Child Trust Fund savings?
Child Trust Funds automatically convert to Isas when the child turns 18, but it sounds like your son’s CTF may have been ...
Tax lawyers working ‘flat out’ for non-doms who choose not to leave UK
Lawyers say they are working “flat out” for non-doms who need to restructure their tax affairs because they plan to stay in the UK, despite the abolition of their special status. “The people who are ...