Investors’ pens are hovering a bit longer before writing checks to fintech startups. Funding Circle Holdings Plc was once tipped to be valued at as much as 2 billion pounds ($2.6 billion) in its initial public offering (IPO). When it made its market debut last week, the online lending marketplace weighed in at a skinnier 1.5 billion pounds. That’s still ...

Australia’s investigation into misconduct within its financial-services sector is moving towards the last act. Just don’t expect to see the bad guys get punished. The Royal Commission, which published its interim report, has heard a litany of bad practices the country’s banks, insurers, financial advisers and others have committed, from charging dead people fees to duping the corporate regulator. The ...

Bloomberg US equity futures fell with European shares as fresh concern about Italy’s defiance of EU officials added to an already gloomy mood across stocks, with those in China tumbling after a one-week vacation ended. The dollar rose as Treasuries took a holiday before a busy week of debt sales. Oil companies and banks led the Stoxx Europe 600 Index ...