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Gains for precious metal break its long-term correlation with US Treasuries

Plus, the hunt for Greensill Capital’s lost billions and private equity dodges the FTC’s wrath

Central banks are seeking safety in times of turmoil

Postponement of fashion group’s IPO shows that, even in the luxury world, gimmicks can have a limited shelf life

Soon-to-launch venture marks bond pioneer’s third attempt to break stranglehold of Chicago’s CME

David Solomon strikes more bearish tone on economy, citing ‘uncertainty’ on inflationary pressures and geopolitical risks

Bank appeals against regulator’s conclusion that it would lose more than $40bn in worst-case scenarios

Banker’s guilty plea to sex offences raises questions about how employers monitor criminality

Sixth Street and Pimco in consortium seeking to capitalise on Wall Street bank’s retreat from consumer lending

Financial Conduct Authority says case should be ‘wake-up call’ to City of London