Debate about the Fed’s balance sheet is heating up
A shake-up of the ample reserves framework cannot be ruled out as the Fed’s leadership baton is passed
Economic news
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Oil and gas drillers huddle for warmth in the North Sea
Neo Next+ follows a whole spate of other similar tie-ups
Revolut offers former staff chance to cash out at 30% discount
Fintech completed funding round at $75bn valuation in November
Boaz Weinstein’s $2bn flagship hedge fund sinks amid buoyant markets
Loss of 6.5% this year for credit strategy extends period of lacklustre performance for Saba Capital
US dealmakers prepare for more White House intervention
Donald Trump has inserted government influence further into corporate America
Trump opens new fronts in federal regulation battle
Constitutional rulings are boosting attempts to curb regulators’ reach