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A listing in early 2025 would be a boon to London’s otherwise lacklustre capital markets

Hope still wins out over experience as financial disrupters seek to ride the latest wave

Valuation of up to $15bn would make it one of the biggest listings this year

Company deserves a better valuation than a bank but is not as attractive as payments specialists

Chief executive is leaning towards a New York listing, while board favours home market of London

We are mounting 20th-century responses to 21st-century weather

J.P. Cooney, a former top deputy to the special counsel Jack Smith, who led two prosecutions of President Trump, plans to seek election to a newly drawn district in Northern and Central Virginia.

New legal threat follows $650mn settlement with US government over company’s opioid work

Planned funds could add leverage, write options and cover other digital currencies

Puzzle: a winning endgame, but how?