The Federal Reserve sent a record $98.7bn in profits to the US Treasury last year, largely reflecting higher interest earnings on its big bond holdings, according to preliminary figures released on Friday.

Fed quantitative easing delivers record windfall for US Treasury

Financial News

Neil Woodford: I’ll continue fight against FCA’s fund collapse findings

Barings boss Mike Freno on the art of the private markets deal

BlackRock’s Larry Fink on US tariffs: ‘This isn’t Wall Street versus Main Street’

Deutsche Bank hires top Barclays banker Swerling as global head of ECM

https://images.fnlondon.com/im-98281742?size=1.5

The German lender has hired Barclays’ co-head of equity capital markets to lead its team globally

Trading Places: Barclays hires new M&A boss, Julius Baer restructures again

https://images.fnlondon.com/im-329118?size=1.5

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

HSBC hands Blackburn top risk role as shake-up continues

https://images.fnlondon.com/im-87995472?size=1.5

The UK lender has given the leading compliance job to a 20-year veteran

Boris Epshteyn, who doesn’t work for the government, has negotiated with a series of law firms to cajole them into entering deals.

Trump’s $1 Billion Law Firm Deals Are the Work of His Personal Lawyer

Banca Monte dei Paschi di Siena launched a surprise $14 billion-takeover offer for its peer in January.

MPS Gets Italy’s Green Light for Mediobanca Deal as Top Shareholders Signal Support

Monte Dei Paschi Gets Italy’s Green Light for Mediobanca Deal as Top Shareholders Signal Support

Even hedge funds weren’t prepared for the gyrations in stocks, Treasurys and currencies.

Wall Street’s ‘Smart Money’ Braced for Tariff Chaos. It Was Still Caught Off Guard.

The Justice Department is backing away from some cases involving foreign bribery, money laundering and crypto markets. Defense lawyers are bracing for a slowdown.

By Dave Michaels, Richard Vanderford and James Fanelli

Trump Administration Retreats From White-Collar Criminal Enforcement

The imposition of new tariffs on nearly every country has added to concerns in Europe and Asia about relying on America.

U.S. Allies Are Sitting Out Trump’s Trade War With China

Augusta National maintains the secrecy it craves, through the help of the city.

Augusta National Is So Private Even the Government Protects Its Secrets

MmkpnRiitI6xQm+qOwAg3yZXNrwQMDu9iyMFLM15QNnzGzhVTCUxQeU779UbHCmKBwVFxrTlS1tbWEnNKZUEsfX9KI31unPYLVhk2y3qf8zM4Rjs7eRtRG1u/9sX30Zx65Y7I9t1c/x9M8dZVDw/Hde+b5G5JF6hbC6TxWmW9RmDWodgMGxtH9qlFIR+INtPIeoPfoQeysHx/pqu9F9afCjLjeEjbGVGDaoQ1h5mP20sH7tEgLyDoGyyXM3yD/0PXbztbo64vHK15U/hLZlDQ+USghx3e+Gu7g==

https://www.wsj.com/?type=allesseh_content_full_list

https://www.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded