Financials
Lloyds: blood, sweat and arrears
Number of delinquencies is still low, but the rise is cause for worrySource: https://www.ft.com/content/89c2c410-957d-11e8-b747-fb1e803ee64e
Sunken treasure claims spark South Korea crypto probe
Investigation of start-up follows crackdowns on digital currencies by Seoul officialsSource: https://www.ft.com/content/5df96dc4-9547-11e8-b67b-b8205561c3fe
Chinese consortium snaps up Ireland’s oldest stockbroker
Buyout is latest Chinese investment in European financial services sectorSource: https://www.ft.com/content/43de0aec-9549-11e8-b747-fb1e803ee64e
Opening Quote: Lloyds — more profit, and more PPI
Source: https://www.ft.com/content/657fa584-9558-11e8-b67b-b8205561c3fe
Man Group reports record inflows in positive sign for hedge funds
Company attracts $8.3bn of new money but assets under management rise only $4.6bnSource: https://www.ft.com/content/afdfa2e4-9555-11e8-b67b-b8205561c3fe
Lloyds Banking Group profits jump despite £550m PPI hit
UK bank’s earnings buoyed by higher lending margins and cost-cuttingSource: https://www.ft.com/content/de44b9cc-9554-11e8-b747-fb1e803ee64e
Direct Line chief Paul Geddes to step down after 10 years in role
News comes as UK insurance group reports 16 per cent drop in first-half profitsSource: https://www.ft.com/content/266de3b8-9555-11e8-b67b-b8205561c3fe
BNP Paribas beats expectations despite sluggish trading
French bank boosted by revenues at international financial services divisionSource: https://www.ft.com/content/9be220f8-954d-11e8-b67b-b8205561c3fe
Enough of robbing pensioners: time to change the system
The fund industry’s ‘heads we win, tails we win’ leads to dangerous resentmentSource: https://www.ft.com/content/979413bc-869d-11e8-a29d-73e3d454535d
Hamptons property sales slow as caution spreads to the wealthy
Rising rates and tax changes hit house buying in summer playground of New York eliteSource: https://www.ft.com/content/5ca3b2d4-91e3-11e8-b639-7680cedcc421
Source: https://www.ft.com/stream/b062fd6b-01fa-4049-a1bc-092f9f43c307
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