BlueCrest agrees to pay $101mn redress to investors
Hedge fund agreed a settlement with the FCA but did not accept the findings set out in its Final Notice
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UK regulator cuts £2bn from car finance redress costs for banks
Financial Conduct Authority lowers estimate for loans eligible for compensation scheme
FCA’s multibillion car loan redress estimate is too high, say lenders
Watchdog believes motorists mis-sold auto finance could get payouts totalling up to £18bn
Big investors scale back risky bond exposure after storming rally
BlackRock and Fidelity International among asset managers betting credit rally has run out of road
Private capital titans convene in London
Plus, bumper earnings for Wall Street banks and how a chipmaker got seized by the Dutch government
Private equity backers raise new conflict concerns over sweetheart deals
Investors question if some institutions rubber-stamp deals that could benefit other businesses
Bubble-talk is breaking out everywhere
But more optimistic investors continue to bank on the cavalry arriving if things get really dicey