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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Deutsche Bank has said that it wants to expand its private credit offering even as investors grow increasingly wary about credit quality in the sector. The German bank on Thursday disclosed that its private credit portfolio increased to €25.9bn at the end of 2025, a jump of about 6 per cent on the previous year. Despite growing investor unease, Deutsche’s asset management arm said it was committed to “expanding private credit offerings through partnerships with [its] corporate bank and investment bank”. Last…

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European drivers face paying an extra €220 (£190) a year at the pumps because of the surge in oil prices caused by the war in Iran, analysts have warned. In the UK, a separate estimate puts the cost at an extra £140.A sustained oil price of $100 a barrel, the level seen on Monday, would mean motorists in the EU paying €55bn more over a year, researchers at the Transport & Environment (T&E) thinktank estimated. That is the equivalent of an average of €220 for each driver, with higher-mileage drivers facing even bigger hikes. The assessment was made by comparing…

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Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the America Business Forum in Miami, Florida, US, on Thursday, Nov. 6, 2025. Eva Marie Uzcategui | Bloomberg | Getty ImagesJPMorgan Chase is reducing its exposure to the private credit industry by marking down the value of loans held by the bank as collateral, according to a person with knowledge of the moves.The bank’s giant Wall Street trading division has reduced the value of loans — most of which were made to software firms — sitting within the financing portfolios of private credit clients, said the person, who declined…

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Zerohash powers Morgan Stanley, BlackRock, Franklin Templeton, Stripe and Interactive Brokers. Its OCC charter application changes what that means for all of them at once.    FinTech moves fast. News is everywhere, clarity isn’t. FinTech Weekly delivers the key stories and events in one place. Click Here to Subscribe to FinTech Weekly’s Newsletter Read by executives at JP Morgan, Coinbase, BlackRock, Klarna and more.     On March 4, Zerohash filed an application for a national trust bank charter with the Office of the Comptroller of the Currency (OCC). On February, Morgan Stanley had filed the same application for a…

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With recession fears mounting and inflation proving stubbornly persistent, investors are increasingly searching for stocks that can hold their ground when economic conditions deteriorate. The ideal candidates combine pricing power, essential products or services, and a long, unbroken history of dividend payments — qualities that allow them to generate reliable income regardless of the broader market environment. Two stocks that consistently rise to the top of this conversation are and , a defense giant and a consumer staples titan whose businesses are built to endure. Together, they offer a rare combination of income, resilience, and inflation protection that few other…

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Reeves: ‘Nothing off the table’ in terms of energy support for consumers and firmsRichard PartingtonThe government is also looking at support schemes for households and businesses hit by the surge in energy prices since the US and Israel began their war on Iran 1 1/2 weeks ago.Reeves said there is “scope” in the public finances for a short-term support scheme if required. double quotation markWe will always make sure we do everything we can to protect consumers but also to ensure our national security as an economyWe’re in a stronger position since I became chancellor to respond to shocks like…

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