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Global dealmaking hits $4.5tn in second-best year on record
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global dealmaking topped $4tn this year for the first time since the boom of 2021, as a record number of megadeals lifted investment banking fees to their second-highest level ever. A total of 68 deals…
Ofwat launches investigation into South East Water
Jacob Panons & Joshua AskewSouth East Getty Images South East Water is set to operate bottled water stations again on Thursday Regulator Ofwat has opened an investigation into South East Water after repeated water supply failures across Kent and Sussex. Some 30,000 properties had no water at the height of the problems, with thousands still…
Trump made more than $1bn from crypto in first year back in office
US President Donald Trump made more than $1bn (£750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025. In a 927-page disclosure, he reported $635m in royalties from a Trump meme coin that has plunged in value since he launched it days before taking office. He also reported over…
JP Morgan boss Jamie Dimon sounds warning on US stock market fall
Simon JackBusiness editor and Michael Sheils McNamee Watch: ‘I’m more worried than others about stock market fall’, says JP Morgan boss There is a higher risk of a serious fall in US stocks than is currently being reflected in the market, the head of JP Morgan has told the BBC. Jamie Dimon, who leads America’s…
