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Investors are shifting focus to the smaller end of the control buyout market, with a third of LPs planning to ramp up exposure to lower mid-market buyout funds over the next year, the latest Rede Liquidity Index shows

Ex-Conservative Party treasurer Malik Karim on Truss’ tenure: ‘I’d be lying to you if I told you it wasn’t a challenge’

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The veteran banker was thrust into the spotlight for his political connections but says that choppy waters have now steadied

Trading Places: Evercore and BNP bulk up, Rokos bags ex-Brevan Howard manager

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Find out who is on the move in the City and beyond this week

Deutsche Bank CEO calls on regulators to loosen rules that ‘structurally disadvantage’ European banks

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Sewing calls for reform in areas like leveraged finance and capital rules so EU banks can keep pace with global peers

Wall Street wavers on Coinbase as investors lose confidence in crypto

Prices of exchange’s bonds and stock reflect anxieties after collapse of rival FTX and sharp declines in bitcoin

How Brexit has chipped away at London’s financial crown

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Financial News rounds up our coverage of how the City has been impacted since the landmark Brexit vote

Why Goldman Sachs’ global co-head of private equity is in no hurry for acquisitions

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The group intends to continue its strategy of targeting predominantly control-oriented investments in the upper mid-market, with an average investment size of $300m