Facing domestic political scrutiny, Kelleher and Ermotti say rival failed due to ‘broken business model’ not lack of capital
Dealmaking drought left behind as first-quarter transaction values rise 30% with European market standing out
Plus, a potential paper bidding war reignites M&A optimism and Sweden’s Fortnox attracts short seller scrutiny
Esma levies rare penalty against Scope over failures to manage conflicts of interest
More capital is needed to stop a protection gap for customers growing larger