Why investors are calling DIBs on a new kind of bond
Also in today’s newsletter, why US solar panel installations could jump this yearRenewable energy
THG sells two lossmaking businesses as ecommerce group slims down
Company wants to streamline and reverse lacklustre performance Ecommerce
Tech companies to make AI safety and transparency pledges to White House
Executives will convene in Washington as Biden administration races to craft guardrails for the technologyArtificial intelligence
Start-ups seek to challenge Nvidia’s dominance over AI chip market
A shortage of company’s in-demand products provides opportunity to fledgling semiconductor groupsArtificial intelligence
Where Blackstone will hunt for its next trillion
Plus, CVC has broken a buyout record. Now what?Mergers & Acquisitions
Can the UK financial regulator really end rip-offs?
New Consumer Duty regulations are, in principle, good for investors, but time will show what they mean in practiceFinancial & markets regulation
Poker is booming again. What’s different this time?
The World Series of Poker’s Main Event, a $10,000 buy-in no-limit Hold ’em tournament, drew a record 10,043 entrants this monthTravel & leisure industry
Trump Spac to settle SEC fraud charges
Blank-cheque company planning to take former president’s media company public will pay $18mn fine if deal goes throughMergers & Acquisitions, Financial & markets regulation
Political views should not be a bar to banking services
More clarity is needed over rules related to high-profile individualsFinancial & markets regulation
When US safety nets undercut the financial system
The Federal Home Loan Bank system and the role of collateral could cause another SVB-style shockFinancial & markets regulation