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Schroder Adveq appoints new head of secondaries

Christiaan van der Kam will start at the private equity arm of asset manager Schroders on 1 September

Barclays’ lawyers put Staveley on the spot over financing agreements

Bank's legal team takes aim at the true nature of the £3.25bn deal's terms

Lawyers warn of spike in suits against hedge fund ‘fraudsters’

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'When things are going well and everyone's making money, it's harder to identify fraud because there's less scrutiny, but now there will be some nervous hedge funds out there'

Bank of England boosts its Covid-19 rescue package by £100bn

The central bank's Monetary Policy Committee kept rates at 0.1%

Lloyd’s issues apology for its role in the slave trade

The 330 year-old market said there were aspects of its history it is “not proud of”

Payments giant Wirecard’s shares plunge on $2bn audit deception

The company said its auditor informed it that “no sufficient audit evidence could be obtained so far of cash balances on trust accounts to be consolidated in the consolidated financial statements in the amount of €1.9bn,”

FCA plans to permanently ban promotion of mini-bonds

A permanent ban would also include listed bonds with similar features to speculative illiquid securities

London City Airport to reopen this weekend

The airport has not flown a single passenger flight in almost three months

EQT sells credit arm to Bridgepoint after strategic review

The details of the transaction were not disclosed but EQT said the proceeds from the sale will be used to deliver on its growth strategy

Companies in the portfolio include audio streaming service Deezer, industrial group Forsee Power and video cloud platform Sightcall

Social media shares hold their ground as companies face heat over content

Facebook and Twitter are among those targeted by civil-rights groups, US lawmakers, and the Justice Department

Standard Chartered set to raise fresh funds

Countries with better pandemic responses saw ETFs outperform — study

ETFs from the top 22 countries with better responses lost 15.8% year to date, while the remaining countries had a much steeper decline

Ex-Warburg Pincus dealmakers raise close to €400m for debut fund

Corten Capital's fund has exceeded its target at a time when raising capital for firms' first vehicles has become more difficult

Largest UK property funds likely to stay frozen for up to six months longer

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As the property market struggles to get through the pandemic, it's heading for another challenge as a Brexit deadline nears

Government’s coronavirus fund for start-ups should be closed, says Jon Moulton

The private equity veteran gave evidence to Parliament’s Treasury Committee on the economic impact of Covid-19

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