Internal review of pre-release ADRs found more than 5% were open to abuse
Your FT guide to this week’s big events
Head of hedge fund TCI remains one of the UK’s highest-paid business people
AJ Bell’s shares jump after it becomes the third to float this year
Total value of deals is highest since 2009 as competitive pressures force tie-ups
Big asset managers have increased investments since 2015 Paris accord
Closures pose fresh restriction on rural residents’ access to banking services
With a 7 per cent spread, why evade taxes?
The regulatory agencies are the last word on an exemption from the proprietary trading ban, and there are no signs they will expand it beyond small institutions.
It’s still primarily a commercial bank, but the branding campaign — CIT’s first in a dozen years — is designed to appeal to the group driving its torrid deposit growth: retail savers.