London has lost its sole lead as the world’s top global financial centre, tying with New York and marking the first year the UK capital has not been the clear leader
Follow
Financial Times
@FinancialTimes
The best of FT journalism, including breaking news and analysis. Follow and for more from the Financial Times
Financial Times’s Tweets
US Treasury Secretary Janet Yellen said she expected former Mastercard chief Ajay Banga to be elected World Bank president as nominations closed with no further publicly declared candidates
5
9
17
Good morning, Asia. While you were sleeping, this was our most read story
5
1
8
Live news: Canada relaxes foreign homebuyer ban to boost housing supply
4
9
8
Her name is Marta Ortega Pérez, the daughter of the Inditex and Zara co-founder, Amancio Ortega Gaona, whose personal wealth is estimated to be about $77.7bn
on.ft.com/3ZpCEWq
5
21
39
How did Switzerland’s two largest banks merge over the course of just one weekend? Take a look behind the scenes of how the deal came together
2
3
3
Credit Suisse failed to disclose nearly $100mn in secret offshore accounts belonging to a single family of US taxpayers, a US investigation found
9
46
77
Just published: front page of the Financial Times UK edition Thursday March 30 on.ft.com/3M30sw6
4
25
63
Opinion: Hybrid working helps keep staff and lowers office costs — but some pushback will continue, writes the FT's
4
10
38
Just published: front page of the Financial Times international edition Thursday March 30 on.ft.com/3zdRt3E
3
15
41
Germany is to establish a new beefed-up anti-money laundering authority
6
14
33
'Joe Biden’s aims are noble, but his means to effect change successfully are open to doubt,' writes the FT's Edward Luce
4
7
27
The UK is preparing a policy blitz around energy security and net zero, while a UN decision means governments must take climate change more seriously. Here's the new Disrupted Times.
1
3
14
Isaac Perlmutter, the billionaire who sold Marvel to Disney in 2009 and had clashed with the company’s chief executive Bob Iger, has been ousted as part of the company’s round of job cuts
3
6
14
Tech billionaires are funding research to help us live longer and healthier lives, but experts warn of an ethical minefield ahead. Read this story on the FT Edit app along with others on the future of health, curated by guest editor Tim Spector
5
11
17
Starbucks founder and billionaire Howard Schultz on Wednesday defended the coffee company’s approach to unionising workers in a congressional face-off with liberal firebrand senator Bernie Sanders
on.ft.com/3npbEc1
8
13
33
After facing accusations of incitement and embezzlement, Jair Bolsonaro’s likely return to Brazil is set to complicate the presidency of his successor and political nemesis, leftwing leader Luiz Inácio Lula da Silva
4
9
20
On this week’s Behind the Money with the ’s :
“If a big bank like that goes down … The confidence in the markets would have been shattered. Monday morning could have been carnage.”
🎧: link.chtbl.com/ftbehind-the-m
7
24
How do you turn business rivals into friends? UBS must now navigate cultural divisions between staff following it's Credit Suisse takeover
6
6
Took a trip to LA to look at how quantum computing is being deployed at the least efficient port in the world.
The company behind the push for quantum optimisation says there have been big speedups – workers at the Port aren't so sure about that.
2
6
19
Show this thread
'What you’re left with after all this pressure are networks that are ... accustomed to breaking the law, and have the resources and the techniques ... to see it through' including 'foreign organised criminal groups such as triads and Japan’s Yakuza' HT
6
10
17
Opinion: When First Citizens Bank agreed to buy most of what was left of Silicon Valley Bank, there were two things it absolutely did not want: cryptocurrencies and loans backed by crypto, as lenders become increasingly leery of digital assets
3
12
20
Elon Musk and other tech executives have called to a halt what they call a ‘dangerous’ arms race, in the advancement of artificial intelligence systems such as ChatGPT
9
34
48
We've heard that is now allowed to browse the FT among other essential sites.
DD on the latest bribery allegations, plus a big #FTX scoop from and
ft.com/content/69971b
1
7
24
"...India, which is jailing its opposition leader on a trumped up defamation charge; Netanyahu, who wants to quash Israel's independent courts; & Mexico, where Obrador aims to end free & fair elections. With pals like these, democracy needs no foes." Me.
36
185
362
1
6
11
In case you missed it: Pay transparency laws in the US have left some companies facing ‘upset’ employees who have learnt what new recruits will earn on.ft.com/40JDZs5
3
9
23
🍎🧠Nourish your brain! is our guest editor on FT Edit today. He has picked 8 articles on science, health and nutrition. (Sneak preview in 🧵) Get your copy here apps.apple.com/ua/app/ft-edit
1
6
5
Show this thread
Switzerland’s private banks are seeking to poach staff and clients from Credit Suisse as steep job and bonus cuts at the bank force employees into the market following the takeover by UBS
2
8
21
So, who, or what, is to blame for this banking crisis? It's not solely the fault of monetary policy - Martin Wolf
2
12
18
FT exclusive: Binance hid substantial links to China for several years, contradicting executives’ claims that the crypto exchange left the country after a clampdown on the industry in late 2017 on.ft.com/3ZotVDB
2
26
40
Good morning, New York. While you were sleeping, this was our most read story
1
5
12
'I’m pretty proud of the way I carry myself. I really try to act online the way I do in real life.'
Journalist Bari Weiss, who left The New York Times to set up The Free Press, has lunch with the FT in LA
20
3
23
Missing the #FTWeekendFestival? Good news! We are back on May 20 2023 for our second edition of the US Festival in Washington D.C. and you can join us there – or online. Register as an earlybird now, for discounted rates on.ft.com/3M5l2fv
2
2
6
Written by associate editor and columnist every weekday, Inside Politics gives readers the inside track on the most important stories and trends in UK politics. It’s free for the first 90 days and then only £5.99.
Sign up here: ft.com/newsletter-sig
1
5
Show this thread
'One important thing not to do when discussing the SNP is to over-apply precedent or examples from other political parties in the UK, because the SNP is completely unlike the Conservative party, the Labour party or the Liberal Democrats,' writes
2
5
21
Show this thread
Benjamin Netanyahu’s plans for judicial overhaul have triggered backlash among Israel’s supporters across the US political spectrum
4
8
17
NEW: In our latest visual investigation, we reveal the network of triads, ghost ships and underground banks that finance North Korea’s nuclear ambitions.
W/
&
🇰🇵🛢️👇
FT.com/north-korea-oi
6
76
206
Show this thread