Wall Street bets that a lighter-touch regulatory regime under Donald Trump will spur dealmaking

New chief executive hails ‘significant progress’ as asset manager mounts turnaround

Finreg by AI

And more on the UK discount

Public Investment Fund stumps up $200mn as seed investor in SSGA’s Europe-listed bond fund

Sell-off in gilts since Budget suggests market balking at higher borrowing needs, says billionaire investor

Chief executive leaning towards New York listing, while board favours home market of London

Profits expected to take hit as volatility drops in market that surged following Ukraine war outbreak

Kingdom plans to purchase up to 20% share in $9bn complex as it looks to accelerate its diversification away from oil

World’s biggest producer says it wants market stability after 40% fall in price over two years

Investors tiptoe around social responsibility to avoid political pressure, while still assessing economic costs

Austria-based, London-listed RHI Magnesita says ingredient needs strategic designation to protect European industry

Exporting currencies sell off as US president dashes brief hopes of more measured approach

Strong performance in metal used for key technologies contrasts with weak growth in traditional iron ore operation

Entrepreneur Justin Sun among investors buying into World Liberty Financial

Euro, sterling and Canadian currencies rally sharply against greenback

Crypto-offerings from the president and his family have worth, but not necessarily the financial kind

Israel-based company seeks to take advantage of equities and crypto boom despite its struggles to show consistent growth

Paging the AI Oracle

Plus, Natixis and Generali’s tie-up, climate fund outflows, and Ernst Ludwig Kirchner at Lugano’s Museo d’arte