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Barclays lawyers dig into Staveley’s dealings with Middle Eastern investors

Jeffery Onions QC appeared to be zeroing in on whether Staveley could have won warrants in the bank

City reacts to shock 20% GDP plunge: ‘Black hole’ to take years to recover

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The UK is likely to be one of the economies worst hit by the pandemic

Bank of England joins comics firm Beano to teach children about money

The online lessons on managing money for kids will launch in July

UK asks consumers to go easy on fish & chips – it’s all about Brexit, but there’s a catch

Future access of Europe’s fishermen to British waters has emerged as the main bone of contention between the two sides, threatening to derail the more global trade negotiations

The early pandemic warning that woke up Wall Street

The calls held for managers of Wellcome’s $33bn endowment served as one of the earliest known warnings to investors about the coming impact of a disease for which humanity had no immunity

Goldman must pick a new path for Marcus, say analysts

The business has drawn in over £21bn in deposits in less than two years

Revolut hires Amazon director as new head of people

MacDougall  is expected is to join the company in the third quarter of this year

FRC raps KPMG over fund manager’s audit

The auditor failed to provide evidence that it tested whether the reserves noted in the 2015 financial statements were correct

City of London Corporation forms working party to tackle racism

The move comes amid widespread pledges by City firms to take action to address racial inequality

T Rowe Price and Fidelity Investments plan funding for meal-delivery firm DoorDash

The San Francisco company is planning an IPO later this year

Facebook plans multimillion-dollar venture capital fund

The company has made several successful outright acquisitions of start-ups in the past, including Instagram and WhatsApp

Private equity and distressed debt most popular strategies among wealthy investors – survey

Three-fifths of high net worth investors said they are ready to support small and medium-sized British businesses

Apollo sues Serta Simmons and owner Advent over debt disagreement

The courtroom battle is part of the growing struggle between hedge funds, private-equity firms and traditional mutual-fund companies who invested in companies that are running out of cash amid the coronavirus pandemic

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