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Hedge fund billionaire Bill Ackman says: ‘More banks will likely fail’

Hedge Funds

Hedge Funds Correspondent

For the latest news and insights on the SVB crisis, get FN's Top Stories and Breaking News alerts

Short-sellers have turned their focus to First Republic Bank as the Silicon Valley Bank collapse has pushed the share price of the 37-year-old bank to multi-year lows.

First Republic Bank, Western Alliance among short-sellers’ targets as SVB fallout spreads

Short-sellers eye First Republic Bank, Western Alliance as SVB fallout spreads

Bilal Jafar

First Republic Bank

PacWest Bancorp

Western Alliance Bancorporation

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

‘I was considered the most junior person in the room’: Senior disabled finance workers on promotion battles and prejudiced attitudes

JPMorgan boss Jamie Dimon to meet chancellor Rachel Reeves ahead of Labour government’s first Budget

Abrdn names tech chief for investments unit in latest appointment under Jason Windsor

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Alain Courbebaisse will take on role in the new year

Simpson Thacher hires Sidley Austin finance duo in London

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Leveraged finance lawyers are in high demand in London

Trading Places: EY names UK financial services head, BofA promotes 387 MDs

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

Season’s greetings videos from Blackstone and Apollo feature offbeat images including a CEO on horseback.

The Latest Clash of the Buyout Titans? Cheesy Holiday Videos

The long-term partnership between Caceis and Santander will be maintained but the Latin American joint venture isn’t part of the transaction and will remain controlled by both entities.

Santander to Sell Stake in Asset Manager Caceis Back to Credit Agricole 

Santander to Sell Stake in Credit Agricole’s Caceis Back to French Bank

Gamblers Anonymous meetings are filling up with people hooked on trading and betting.

More Men Are Addicted to the ‘Crack Cocaine’ of the Stock Market

A clash between the Broccoli family, which has creative control over 007, and the e-commerce giant, which owns the franchise, has put Bond’s future on pause.

James Bond Outdueled Goldfinger and Dr. No. Can He Win a Battle With Amazon?

The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

Bank of England Keeps Rates Steady After Fed Move

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