The global fight over financial stability
No one seems to agree about the risks the system is running
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Affirm chief executive calls for cap on ‘buy now, pay later’ fees
Max Levchin says limits on such penalties will force companies to improve their underwriting models
Shawbrook aims for £2bn valuation in latest boost for London market
Specialist lender’s float will let private equity backers Pollen Street and BC Partners sell down their stakes
Japan stocks hit record as Sanae Takaichi becomes prime minister
‘Takaichi trade’ reflects optimism that ruling coalition will increase defence spending and cut some taxes
When active QT makes sense
Five reasons for the BoE to do active QT and why none of them hold true today