Author: Arabian Media staff
Stay informed with free updatesSimply sign up to the UK banks myFT Digest — delivered directly to your inbox.Santander has agreed to buy British high street lender TSB for £2.65bn, in a move that underlines the Spanish lender’s commitment to its UK retail business just months after it entertained bids for the unit. The bank beat British rival Barclays which also put in a formal bid for the Sabadell-owned unit, according to people familiar with the matter. It comes as Sabadell, which bought TSB in 2015 for £1.7bn, is seeking to fend off an €11bn hostile approach from its domestic rival…
Wall Street wants to hear about green shoots in demand and capacity tweaks for major U.S. airlines. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.By almost all measures, the past year was an annus horribilis for Nike. The sportswear group’s sales fell at the second-fastest rate in its history. The 10 per cent drop the company reported for the fiscal year that ended in May was only surpassed by an 18 per cent drop in 1987. Earnings, meanwhile, almost halved year on year, one of the biggest falls since Nike went public in 1980.As if that weren’t enough to make investors lace up their trainers and…
Software stocks look compelling as companies make it easier for consumers and businesses to take advantage of AI. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Boeing is set to take control of Spirit AeroSystems’ plant in Belfast, setting up an awkward cohabitation with rival Airbus after efforts to find a buyer for Northern Ireland’s biggest aerospace manufacturer failed.Unions and industry figures had pinned their hopes on Bombardier, the plant’s former owner, but talks with the Canadian planemaker were not progressing, according to several people familiar with the situation. Unless talks with Bombardier are resurrected or another buyer emerges, Boeing will be forced to share the plant with rival…
A strong understanding of accounting rules and treatments is the backbone of quality financial analysis. Whether you’re an established analyst at a large investment bank, working in a corporate finance advisory team, just starting out in the financial industry, or still learning the basics in school, understanding how firms account for different investments, liabilities, and other such positions is key in determining the value and future prospects of any business. In this article, we will examine the different categories of intercorporate investments and how to account for them on financial statements. Key Takeaways Intercorporate investments refer to investments one company…
The Senate passed President Donald Trump’s signature tax-and-spending legislation on a party-line vote that marks the largest overhaul to the tax code since 2017. Source link
Stay informed with free updatesSimply sign up to the Hedge funds myFT Digest — delivered directly to your inbox.Ken Griffin’s hedge fund Citadel has been outshone by smaller rivals so far this year, as the firm was stung by the market volatility unleashed by Donald Trump’s trade war. Citadel’s flagship Wellington fund gained 2.5 per cent in the first half of 2025, according to a person familiar with the matter. Balyasny and ExodusPoint were up 7.3 per cent and 9.3 per cent respectively, according to people who have seen the figures. Citadel, which manages around $66bn, is one of the…
M1 Finance and E*TRADE Core Portfolios are both well-known competitors and are considered two of the best digital wealth management platforms. While M1 Finance is a relatively new company, founded in 2015, it has quickly gained recognition as a robo-advisor, offering investors customization and control of their portfolios and winning our top pick for sophisticated investors. E*TRADE is more of a household name in the industry, as it has been around since the 1990s. E*TRADE has long stood out for its technological expertise, and is our top pick for best for mobile category in 2024. While both companies offer digital…
If you’ve been an individual investor for a while, you might be looking for ways to up your investment game. We’re talking performing stock research and analysis like the pros, so you can make your own decisions instead of letting a robo advisor call the shots. In addition to choosing your investments, you can also find deals on stocks that are trading for a discount and capture more of your investment growth. We’ll offer strategies that give you more control over your investments and give stock brokers a run for their money. Key Takeaways Researching potential investments might improve your…