Iran war: Oil prices could reach $150 a barrel Markets Oil prices could reach $150 (£112) by the end of the month if the severe disruption to the Strait of Hormuz is not eased, Goldman Sachs has warned. The bank said it will revise its oil price forecast soon unless it sees evidence that transit through the crucial shipping route is beginning to return to [...]
Blackstone’s private credit fund hands investors record redemptions Investing The world’s largest alternative asset manager is allowing investors to pull a record amount of cash from its flagship private credit fund as anxiety continues to ripple through the trillion-dollar industry. Blackstone will permit investors to redeem 7.9 per cent of shares from the fund – the equivalent to a whopping $3.8bn. The financial giant [...]
Ex Goldman chief: I smell another financial crisis Banking Goldman Sachs’ top boss throughout the 2008 financial crisis has sounded the alarm that the global economy was drawing closer to another crash. Billionaire investment banker Lloyd Blankfein, who served at the helm of Goldman from 2006 until 2018, said: “I don’t feel the storm, but the horses are starting to whinny in the corral.” [...]
The £4m prenup case: A banker, mistress and a court warning February 6, 2026 A recent High Court decision over a banker and heiress's multimillion-pound divorce is a reminder that prenups aren't bulletproof.
Fintech founder Adam French: I wish the City would be braver January 29, 2026 Each week, we dig into the memory bank of the City's great and good. Today, we speak to Adam French, partner at early-stage VC firm Antler.
Elon Musk’s Space X in talks with Wall Street banks over mega IPO January 23, 2026 Elon Musk’s aerospace firm Space X is holding early-stage discussions with a flurry of leading Wall Street banks about a potential listing that could rank among the largest market debuts ever. According to the Financial Times, the company is considering Morgan Stanley, Goldman Sachs, JP Morgan Chase and Bank of America for senior roles on [...]
Former Goldman Sachs chief backs F1 to hold, and increase, value January 22, 2026 Formula 1 has not yet reached value maturity and can be considered one of the most reliable investments in sport, according to the former head of sports at Goldman Sachs. The premium motorsports series has gone through a major ownership shake-up, with stake sales across the grid seeing team valuations skyrocket. And Elis Jones, former [...]
Welsh Rugby Union enters into £55m debt refinancing agreement amid domestic turmoil January 21, 2026 The troubled Welsh Rugby Union has entered into a £55m debt refinancing agreement as the governing body eyes stadium developments amid domestic turmoil. The WRU has borrowed from Goldman Sachs and HSBC in order to pay off existing debts to NatWest and various government bodies in a refinancing package that will play out over a [...]
Non-doms are descending on Milan – and getting a divorce January 21, 2026 Thanks to its generous flat-tax regime, Milan has become a popular bolthole for former UK-based non-doms. But, asks Ali Lyon, does the opening of a new divorce law firm in Italy’s financial capital suggest some of its new residents are regretting their decision? The United Kingdom’s decision to abolish the non-dom regime last year has [...]
Goldman Sachs leads Wall St boom amid trading frenzy and deal-making January 16, 2026 Wall Street giants were riding high following this week’s round of earnings updates after months market volatility and deal-making helped take trading revenue to record highs. Goldman Sachs led the surge pocketing $4.3bn in equities trading revenue in the last three months of the year – a record for Wall Street banks. Meanwhile, the banks [...]