🚨BREAKING NEWS ON FIRST BRANDS GROUP'S OFF BALANCE SHEET DEBT🚨 Entities tied to First Brands and its founder Patrick James have filed for bankruptcy protection, compounding issues at the car parts supplier whose troubles have roiled credit markets. Story w/ @ortenca.bsky.social on.ft.com/4nfPEul

Carlos Alcaraz surges past Jannik Sinner to win the U.S. Open 🏆 It is Alcaraz’s sixth Grand Slam title and his second at the U.S. Open. The result takes him back to world No. 1, ending Sinner’s 65-week stay at the top of the tennis world rankings.

Milan’s expat ‘explosion’ brings new buzz to Italy’s financial centre on.ft.com/4mK03hM

Trump has taken an unprecedented step in trying to fire Fed governor Lisa Cook. The law stipulates that a president can only remove an official if there is "cause," a term that is vague and has no precedent www.nytimes.com/2025/08/25/u... @tonyromm.bsky.social @bencasselman.bsky.social @nytimes.com

We wanted to know if the money that the EU has put into rearmament is turning into production capacity — and the answer is: yes. Industry is rearming.

The FT View: The longer it has continued, the more it has borne the hallmarks of a vengeful assault by Israeli Prime Minister Benjamin Netanyahu’s far-right government to destroy the very fabric of Palestinian society. https://on.ft.com/3UBv3Us

Devastating

Gazans Are Dying of Starvation www.nytimes.com/2025/07/24/w...

The competition for junior talent on Wall Street reached a new peak this summer. This week on Behind the Money, @sindap.bsky.social and @ortenca.bsky.social explain why, and what this means for Wall St's top investment banks and private equity firms. 🎧: podfollow.com/behind-the-m...

When a pension fund makes a hedge fund size bet - was it for the Italian national interest? Rpt by Silvia Sciorilli Borrelli and @ortenca.bsky.social www.ft.com/content/c4ad...

Absolute must read from @stephenfoleyft.bsky.social on.ft.com/46fh6Tx Tony Blair’s staff took part in ‘Gaza Riviera’ project with BCG

Can HSBC cut its way to growth? - FT Big Read from @ortenca.bsky.social www.ft.com/content/61e8...

This is honestly better than White Lotus.

👇🏼👇🏼👇🏼

Citi del Sol: How the party ended for Wall Street bank’s Málaga experiment

great piece from @ortenca.bsky.social on financial-fixer-par-excellence Ian Osborne's links to Jeffrey Epstein www.ft.com/content/cb43...

Jes Staley awaits judgment in courtroom battle over ‘Uncle Jeffrey’ Epstein https://www.ft.com/content/f5e23b51-05ae-45e2-b300-0794d5c3b04f

We delved into structural hedging and why all the banks are talking about it now. www.ft.com/content/d58a...

“Our client vehemently denies using the word ‘c*nt’ in front of his colleagues’ children at work,” Sadler’s lawyers said. In the event children were ever present, they added, he denied “having knowingly used profanities.”

This is a story about the rise and fall of a man from a working-class town. It’s about power in a grey area of global finance. It’s about football, swearing, a Blackpool bar called Shenanigans and a tangerine-coloured private boat. Enjoy. w/ @bondhack.ft.com @ortenca.bsky.social on.ft.com/3DTv1m6

Todays FT front page story by @ortenca.bsky.social

London's High Court has heard how former Barclays boss Jes Staley referred to the now dead paedophile Jeffrey Epstein as “uncle Jeffrey” to his student daughter, months after Epstein’s conviction for soliciting a minor. Full story from @ortenca.bsky.social on.ft.com/3R4JEpI

Late night scoop: on.ft.com/3Dp7Vns FCA drops plan to ‘name and shame’ more UK companies under investigation

Taken from Alistair Gray and @ortenca.bsky.social’s latest on Jes Staley’s highly effective campaign of trying to stop everyone associating him with a dead paedophile forevermore on.ft.com/43DOlyj

Weirdly not the craziest thing a world leader has said in the past 24 hours . . .

Santander considers UK exit amid frustrations with high street banking on.ft.com/40HHEJW

Hindenburg Research has been one of the most-feared short sellers on Wall Street. After seven years, it’s shutting down w/ @ortenca.bsky.social: on.ft.com/3PFAQGh

HSBC reviews retail banking outside UK and Hong Kong on.ft.com/3Dq2eF6

UK fintech Stenn collapsed after Russia money laundering case drew scrutiny on.ft.com/4ftDs4F

Jefferies prided itself on standing by Adani when the company and its founder were accused of fraud by short seller Hindenburg Research. www.ft.com/content/795d...

Bank of America is drawing up plans to structure risk transfer deals (SRTs) for smaller lenders, a move that could turbocharge the nascent market at a time of heightened scrutiny. @ortenca.bsky.social Steve and I have the scoop: on.ft.com/3ANWAvR

NEW: How private equity tangled banks in a web of debt Our latest visual story on the layers of leverage in the private equity industry worrying regulators. ig.ft.com/private-equi...

As always I'm late to the party but happy to be here

Great read on how the sausage (and money!) is made in activist short selling - first 300 clicks free