Meloni’s meddling in Italian bank M&A is sadly on-trend

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Executive over-reach is a theme these days. Investors in US securities — currently grappling with President Donald Trump’s on-off assault on the Federal Reserve’s independence — can vouch for its impact.  The latest to join … Read more

The legacy of a compassionate reformist pope

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It was a mark of the humanity that typified his papacy that Pope Francis appeared in public to deliver Easter blessings and tour St Peter’s Square when his voice and body were clearly failing — … Read more

Was Francis the first Peronist pope?

For many, Francis was the “people’s pope” or the “pope of the poor” but in his native Argentina, the pontiff had another name: the Peronist pope. Depending on your political persuasion, that would either be a badge of honour or a mark of shame. Peronism has defined and divided Argentina for much of the past … Read more

A crucial earnings season

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more

Easing leverage limits on banks could backfire

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the former chair of the FDIC and author of ‘Money Tales’, financial education books for children US Treasury Secretary Scott Bessent has said he wants to deregulate the financial system responsibly. He has … Read more

How to think about returns in a bear market

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There are many oddities in how we think about our finances. Returns are one elephant trap. They are the only meaningful output from investment. But most of us, I suspect, put little effort into assessing … Read more