World’s largest money manager sees assets under management hit record high of $10.6tn
US investment bank’s results also helped by stronger performance from equities and fixed-income trading
Ardea Partners hires City grandee Sir Ian Cheshire as it tries to win more business in Britain
Acquisition of cloud specialist would be largest in Alphabet’s history
Bank appeals against regulator’s conclusion that it would lose more than $40bn in worst-case scenarios
Market Questions is the FT’s guide to the week ahead
QuantumScape’s deal with VW is a rare bright spot in a tough market for electric transportation
Rural US lender outgrows Arkansas mountain roots with outsized loans in boom-and-bust market
Early Tesla and Amazon backer James Anderson sees chipmaker’s potential scale as ‘way higher than I’ve ever seen’
US telecoms group delayed disclosure under public safety exemption to SEC rules
Earnings from lending fall at JPMorgan, Citigroup and Wells Fargo in second quarter
Corporate and investment bank helps offset weakening household finances
Tech giant is struggling to attract content from developers for innovative device that goes on sale in Europe this week
Equity issued to Viswas Raghavan who joined from JPMorgan in June will vest over seven years
Elon Musk’s auto group faces increased competition from new rivals in its domestic market
US airline’s shares decline after forecasts for peak summer travel season fall short of expectations
It will take time for the technology to be put to productive use by customers
Consortium bets on growing demand for independent asset management among younger, more tech-savvy clients
So says Goldman Sachs
Pharma group seeks to catch up with rivals Eli Lilly and Novo Nordisk in sector projected to be worth $130bn a year
Gap between borrowing costs of most and least risky debt widens as traders fret over impact of high US interest rates
Move represents rare truce after accusations from bloc over alleged anti-competitive conduct by tech giant
Recent Supreme Court decisions have hamstrung regulators but they will also make things much more complex
Penalty stemmed from bank’s inability to correct problems that it had already been cited for in 2020
US-listed pharmacy group’s problems have been exacerbated by its struggle to move into healthcare