M&G £565m UK property fund to shut after investors pull cash
High interest rates and a darkening economic outlook are undermining investor confidence
![City of london](/https/www.telegraph.co.uk/content/dam/business/2023/10/19/TELEMMGLPICT000327953893_16977369695110_trans_NvBQzQNjv4BqgsaO8O78rhmZrDxTlQBjdGLvJF5WfpqnBZShRL_tOZw.jpeg?imwidth=350)
High interest rates and a darkening economic outlook are undermining investor confidence
Square Mile boosted by BP and Shell as French capital struggles with China downturn
Wall Street bank claims ‘media attention’ on David Solomon has caused distraction
After acknowledging a dark chapter in their histories, financial institutions now face the question of atonement
Accounting watchdog finds ‘serious breaches’ in auditing of collapsed outsourcer
Caribbean leaders want to bypass government and pursue compensation directly
Customers switching to online banking, says former bank chairman
Jaime Gilinski Bacal will need patience, time and perseverance to deliver a turnaround at the bank
Restructuring will see the embattled lender slash costs from 2025
Existing investors will see their stakes heavily diluted in deeply discounted fundraising
Challenger lender scrambles to raise up to £600m as share price plunges
Banks accused of inertia in wake of ill-fated mini-Budget as borrowing costs surge
Shares in London-listed company hit as Hedin Group pulls out of three-way race
Increase in bosses tracking messages and keystrokes triggers privacy warning
Jamie Dimon highlights potential of new technology amid fears over existential threat
Letter to the PM says his backtracking risks hitting UK investment