Finance

Finance

Software sell-off threatens to delay London’s €19bn Visma float

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Visma, the €19bn private equity-backed software group, may delay its plans for London’s biggest initial public offering in years after a broad sell-off in the sector. Visma, owned by the British buyout firm Hg, has … Read more

Finance

Brad Karp to step down as Paul Weiss chair after Epstein revelations

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brad Karp is stepping down as chair of Paul Weiss and will be replaced by top deals lawyer Scott Barshay, after revelations about his relationship with child sex offender Jeffrey Epstein, two people familiar with … Read more

Finance

Google adds $55bn to capex plans as it boosts AI spending

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google said it plans to spend at least $55bn more on capital expenditure this year than Wall Street had forecast, as it doubles down on its huge spending on AI. The search giant increased its … Read more

Finance

Chris Rokos’s hedge fund ends talks with Mandelson over advisory role

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rokos Capital Management has ended talks with Lord Peter Mandelson over a lucrative advisory role after further revelations about his relationship with the convicted sex offender Jeffrey Epstein. The London-based hedge fund had been in … Read more

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