The unravelling of Mark Walter
The billionaire is selling sports stakes as he rushes to clean up the balance sheets of the insurance arms of the colossus that he built
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NatWest plots push into US market
UK bank last week secured regulatory approval for a new American office as part of expansion plans
China could rescue the oil market again — if it wanted to
People’s Republic has ample spare capacity
Iranians queue for petrol as US blockade bites
Long lines form in capital city as officials warn that war and inflation are triggering fuel shortages
JPMorgan eases approach on lending against shares to court AI’s new wealth
US bank shortened time horizon for SpaceX workers and investors to borrow against stock holdings and may do same for Anthropic
Big Indian corporations want a piece of the booming gold-backed loan business
Also in this newsletter, a JPMorgan Chase entity faces Sebi’s ire