Lone Star Funds Completes Sale of novobanco to BPCE April 30, 2026 Nani Holdings S.à. r.l., an affiliate of Lone Star Funds (“Lone Star”), today announced it has successfully completed the sale of its majority stake in Novo Banco, S.A. (“novobanco” or “the bank”), Portugal’s fourth-largest bank, to BPCE, a leading European banking institution. Pursuant to the purchase price mechanism agreed to in the June 2025 Memorandum [...]
Everest Reports First Quarter 2026 Results April 29, 2026 Annualized 16.8% Net Income ROE and 16.7% Net Operating Income ROE $316 million of Underwriting Income and Combined Ratio of 91.2% Repurchased $331 million of Common Shares During the Quarter
Citadel founder questions understanding of private credit risks April 29, 2026 Hedge fund billionaire Ken Griffin has questioned whether wealthy individuals understand the risks that come with investing in private credit, as the industry wobbles under pressure from investors looking to pull money out. Griffin, who founded $67bn hedge fund Citadel and trading firm Citadel Securities, is the latest in a string of high-profile financial leaders [...]
FICO UK Credit Card Market Report: February 2026 April 29, 2026 Balances show signs of stabilising as payment rates trend down, with missed payment balance levels remaining higher than in 2025
The student loan rip-off is hitting women hardest April 24, 2026 Women already earn and save materially less than men – and a student loan system that, were it nay other credit product would amount to mis-selling, is making it worse, says Gina Miller Britain’s student loan system is one of the most quietly distortionary fiscal instruments on the statute book. It applies a nine per [...]
AI governance for boards: A short practical guide April 22, 2026 The boards hoping AI won’t change their world are already failing their fiduciary duty. So here’s what they need to do, according to Lewis Liu When I was building Eigen, my previous AI company, I used to roll my eyes (privately) whenever someone asked me about AI bias. Eigen digitised complex financial and legal documents [...]
Experian Launches AI-Powered ‘Transaction Forensics’ to Bolster Fraud Prevention Across UK Financial Services April 22, 2026 Market first uniquely combines Experian leading datasets and transaction and behavioural analytics in real time Developed with Resistant AI, Transaction Forensics drives 200% increase in APP fraud detection
Erste Group Offers Tailored Financing Solutions Across Countries Using FICO AI April 20, 2026 Leading financial services provider in Central and Eastern Europe uses AI-powered decision optimization across products and areas from lending to collections
Dyson, JCB and Global Brands: The firms facing a break-up after Labour’s tax grab April 16, 2026 The government’s inheritance tax crackdown has sparked a wave of warnings from entrepreneurs. We list some of the biggest names to have spoken out in opposition to the changes. To most avid followers of current affairs, the Autumn Budget of 2024 will feel like a lifetime ago. Since then, Donald Trump has been elected to [...]
HW International Rebrands as Dubois, Uniting Its Business Under One Global Name April 16, 2026 HW International has rebranded to Dubois, bringing its European and Australian operations together under a single global identity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260415999888/en/ In Australia, this includes a company name change from HW Wood Australia Pty Ltd to Dubois Insurance Pty Ltd, completing the group’s transition to a single [...]