Financials
China money market funds’ rush into bank credit worries investors
Falling ratings at lenders could force funds to exit their investmentsSource: https://www.ft.com/content/e2696746-88e3-11e8-bf9e-8771d5404543
Banks under watch over exposure to cryptocurrencies
International watchdogs consider new capital safeguards for growing marketSource: https://www.ft.com/content/50aa9e62-88dc-11e8-b18d-0181731a0340
Bank of America: call me responsible
Source: https://www.ft.com/content/17f87a44-8913-11e8-bf9e-8771d5404543
Bank of America earnings jump on lower taxes and strong loan book
Brian Moynihan praises the US lender’s pool of consumer current accountsSource: https://www.ft.com/content/74db41d2-88d8-11e8-bf9e-8771d5404543
Goldman’s Solomon to replace Blankfein as CEO
Announcement expected on Tuesday morning will draw to a close 12-year tenure at helmSource: https://www.ft.com/content/5d293670-8919-11e8-b18d-0181731a0340
Hargreaves Lansdown/FCA: fees squeeze
If exit charges are banned on platforms, growth prospects should mitigate lossesSource: https://www.ft.com/content/e44b5e14-88f9-11e8-bf9e-8771d5404543
UK regulator proposes ban on fund platform exit fees
Hargreaves Lansdown shares fall as FCA criticises obstacles to switching providersSource: https://www.ft.com/content/15462d90-88dd-11e8-b18d-0181731a0340
Cerberus in pole position in Abraaj auction as Colony bid rejected
US asset manager expected to decide this week whether to invest in Dubai-based groupSource: https://www.ft.com/content/1c9085fe-88cf-11e8-bf9e-8771d5404543
Private equity/EM: Abraaj too far
Reputational damage to the Dubai firm is likely to spread as scrutiny of the sector intensifiesSource: https://www.ft.com/content/ab1b4804-88f2-11e8-b18d-0181731a0340
JLIF shares jump on £1.4bn takeover approach
Listed infrastructure fund in talks with consortium of asset managersSource: https://www.ft.com/content/3572d032-88f1-11e8-bf9e-8771d5404543
Source: https://www.ft.com/stream/b062fd6b-01fa-4049-a1bc-092f9f43c307
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