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...Like George Soros, he made huge gains shorting the pound ahead of Britain’s exit from the European exchange rate mechanism in 1992....
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...America’s most famous investor, Warren Buffett, was circumspect of the US Spac boom, rightly suggesting back in 2021 that the incentive structure encouraged bad bets....
...the Swiss group’s sole global head of banking, according to a memo seen by the FT....
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...But, at a cost of several hundred pounds per patient, its prescription by family doctors as a Covid treatment for the general population could not be justified, said Paul Little of Southampton university...
...RWE is doubling down on the world’s second-biggest renewables market with the acquisition of a portfolio of US solar parks and wind farms from Consolidated Edison Inc in a $6.8bn deal funded by Qatar....
...Volkswagen can overtake Tesla to become the largest electric vehicle manufacturer by 2025, as the challenge of lifting production weakens its fiercest rival, the German group’s chief executive has claimed...
...Audi, Volkswagen’s premium marque, will join Formula 1 from 2026, competing with German rival Mercedes at the frontline of the car racing series....
...Bruce Evans, who is co-head of M&A, will assume Goldman’s responsibilities in the Americas region....
...Which fintech tie-ups do you see happening by the end of the year? Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Investor orders have barely covered the debt package pitched by a group of banks led by Bank of America, Credit Suisse and Goldman Sachs for the takeover, with many big money managers and hedge funds refusing...
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