The government of Abu Dhabi has bought a 5% stake in Ferrari, the Italian sports car maker, for €114m ($137.6m). The state was advised by Goldman Sachs.

Goldman won the mandate from the state-owned Mubadala Development Company, which bought the Ferrari stake from Mediobanca, the Italian bank.

Abu Dhabi calls in Goldman for Ferrari deal

David Rothnie

Goldman Sachs

Citigroup

Deutsche Bank

Morgan Stanley

Mediobanca

A&O Shearman boss Hervé Ekué: ‘My godfather was accused in a failed coup… he inspired me to be a lawyer’

A&O Shearman boss Hervé Ekué on skyrocketing pay rises: ‘We haven’t reached the top’

London Stock Exchange fires US employee after video of ‘racist’ altercation

Deutsche Bank hires top Barclays banker Swerling as global head of ECM

https://images.fnlondon.com/im-98281742?size=1.5

The German lender has hired Barclays’ co-head of equity capital markets to lead its team globally

Trading Places: Barclays hires new M&A boss, Julius Baer restructures again

https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

HSBC hands Blackburn top risk role as shake-up continues

https://images.fnlondon.com/im-87995472?size=1.5

The UK lender has given the leading compliance job to a 20-year veteran

Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

PNC Names Former BlackRock Star Mark Wiedman as President

The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

EU Has Plan to Retaliate on U.S. Tariffs, Von der Leyen Says

The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of Debt

The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

Larry Fink Says Regular Americans Need Private Assets Too

The prospect of a radical escalation in the global trade war in the coming days has nearly doubled the probability of a recession in the U.S. economy in the next 12 months to around 35%, according to Goldman Sachs.

Goldman Sachs Lifts U.S. Recession Probability to 35%

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

https://www.wsj.com?type=allesseh_content_full_list

https://ace.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded

Financial News