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Ortenca

@ortenca.bsky.social
4.5K followers 160 following 35 posts

Banking Editor @financialtimes.com 🇦🇱 in London and 🗽 in between

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Tony Tassell @tonytassell.bsky.social · 12h
How HSBC is increasingly focusing on Hong Kong and managing Chinese wealth - great read on an always fascinating bank by @arjunneilalim.ft.com @ortenca.bsky.social as.ft.com/r/847c93b4-9...
as.ft.com
The risks of HSBC’s return to its roots
Doubling down on Hong Kong offers a way to capitalise on wealth flowing out of China, but increases the risks of confrontation with Beijing
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The New York Times @nytimes.com · 25/08/2026
Breaking News: Dolly Parton, the country singer, songwriter, entertainer and entrepreneur known for her outsize persona and prodigious vision and talent that placed her in a class by herself, has died at 80. www.nytimes.com/2026/08/25/a...
A black-and-white portrait of Dolly Parton with big blonde hair, sitting in a chair and smiling. A headline reads: "1946-2026: Dolly Parton." Photo by Jack Manning/The New York Times
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Financial Times @financialtimes.com · 03/08/2026
UBS fined $125mn over lax money laundering controls ft.trib.al/KXprXOG
ft.trib.al
UBS fined $125mn over lax money laundering controls
Swiss bank failed to implement adequate curbs despite previous sanction by US regulators
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Robert Smith @bondhack.ft.com · 31/07/2026
Wonderfully detailed account from my FT colleagues of how Leopold Aschenbrenner became situationally aware that leverage works just as powerfully on the way down. www.ft.com/content/620b...
ft.com
How Leopold Aschenbrenner, the ‘golden child’ of the AI trade, was laid low
The $20bn hedge fund manager’s wild ride ended with a call to Ken Griffin
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Ortenca @ortenca.bsky.social · 23/07/2026
So what are they doing??
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Robin Wigglesworth @robinwigglesworth.ft.com · 17/06/2026
This is an episode I've been keen to do ever since we launched The Story of Money. This week we explore the absolutely WILD 1990s pyramid schemes of Albania, in relative scale the equivalent to about 1,000 Bernie Madoffs at the same time. www.ft.com/content/5083...
ft.com
The financial scams that brought Albania to the brink of war
1997 was the country’s year of financial horror
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cynthiao.bsky.social @cynthiao.bsky.social · 26/03/2026
Great deep dive into how US law firm's entanglement with Jeffrey Epstein brought down its boss - led by the amazing @kayewiggins.ft.com www.ft.com/content/064e...
ft.com
Apollo, Paul Weiss and Epstein: how a star client brought down a Big Law boss
Apollo’s Leon Black asked lawyer Brad Karp to settle a fee dispute with Jeffrey Epstein. It was the start of a years-long relationship
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Ortenca @ortenca.bsky.social · 23/03/2026
Everyone needs an editor
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Josh Spero @joshspero.ft.com · 25/02/2026
Terrific reporting by colleagues: a bank gone horribly wrong as.ft.com/r/b32d4c15-1... @bondhack.ft.com @ortenca.bsky.social @costasmourselas.bsky.social
as.ft.com
How Deutsche Bank rolled out the red carpet for Jeffrey Epstein
[FREE TO READ] German lender waved through convicted sex offender’s millions despite compliance concerns
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Ortenca @ortenca.bsky.social · 12/02/2026
Former Barclays boss Jes Staley repeatedly denied he acted as a trustee for Jeffrey Epstein's estate during his testimony in court last March. Documents released by the DOJ appear to show otherwise. www.ft.com/content/f459...
ft.com
Epstein trustee document contradicts Jes Staley testimony
Signed 2014 contract shows former Barclays boss would be paid $250,000 a year for role
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Ortenca @ortenca.bsky.social · 02/02/2026
“I would love to take photos of you in a Snow White costume. You can get it from the costume store,” Jeffrey Epstein wrote to a woman three weeks before Jes Staley's now infamous email: “that was fun. Say hi to Snow White” Our scoop below 👇
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Mercedes Ruehl @mjruehl.bsky.social · 24/01/2026
Nigel Farage attended Davos on a pass sponsored by the family office of Iranian billionaire Sasan Ghandehari, which told the WEF that the Reform UK leader had advised the company since 2018. W @ortenca.bsky.social and Anna Gross as.ft.com/r/9d784a9c-e...
as.ft.com
Nigel Farage attended Davos as adviser to Iranian billionaire
[FREE TO READ] Reform UK leader’s pass and hotel costs for World Economic Forum event were paid for by Sasan Ghandehari
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Ortenca @ortenca.bsky.social · 23/01/2026
New on FT: as.ft.com/r/169805cf-5... Nigel Farage attended Davos as adviser to Iranian billionaire
as.ft.com
Nigel Farage attended Davos as adviser to Iranian billionaire
[FREE TO READ] Reform UK leader’s pass and hotel costs for World Economic Forum event were paid for by Sasan Ghandehari
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Henry Foy @henryjfoy.ft.com · 13/01/2026
💥 Kyiv's G7 allies to descend on Davos in bid to force Donald Trump to personally endorse US security guarantees to post-ceasefire Ukraine, as European capitals worry he is yet to agree steps drawn up by his administration w @mjruehl.bsky.social & @ortenca.bsky.social as.ft.com/r/4d68cc30-b...
as.ft.com
Ukraine’s G7 allies to press Donald Trump in crunch talks at Davos
[FREE TO READ] Leaders of Italy, Germany, France, Canada and UK will seek US president’s personal endorsement on security guarantees
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Robert Smith @bondhack.ft.com · 01/11/2025
And if you're not an FT subscriber, this gift link is good for 300 clicks. Story with the great Jill R Shah, @ericgplatt.ft.com and @ortenca.bsky.social on.ft.com/43GYfOR
on.ft.com
The flashy Utah-based leasing firm that lent billions to First Brands
[FREE TO READ] Onset Financial called itself a ‘dominant force’ in financing everything from chickens to helicopters. It ended up as First Brands’ biggest creditor
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Robert Smith @bondhack.ft.com · 16/10/2025
A few short weeks ago, Patrick James was scarcely known outside the murkier corners of credit markets. Now, with billions of dollars apparently missing, he is at the centre of a $12bn nightmare on Wall Street. Full story w/ @ortenca.bsky.social and @ericgplatt.ft.com 👇 www.ft.com/content/8373...
ft.com
The secretive First Brands founder, his $12bn debt and the future of private credit
Patrick James borrowed billions — even after presiding over a string of failed businesses
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Robert Smith @bondhack.ft.com · 08/10/2025
A lot more exclusive detail on Point Bonita's fund structure, beyond those that Jefferies disclosed today, in update to story (w/ @ericgplatt.ft.com and @ortenca.bsky.social) on.ft.com/42soiJ9
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Robert Smith @bondhack.ft.com · 06/10/2025
BREAKING: Jefferies earned undisclosed fees on financing it provided to First Brands Group, in an arrangement other lenders say may have violated terms of their own credit agreement with the bankrupt car parts company. Full story w/ @ericgplatt.ft.com & @ortenca.bsky.social here: on.ft.com/430jWZT
on.ft.com
Jefferies earned undisclosed fees on First Brands ‘side letter’ financing
[FREE TO READ] Lenders to bankrupt car parts group believe arrangement may have breached loan covenant
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Robert Smith @bondhack.ft.com · 25/09/2025
🚨BREAKING NEWS ON FIRST BRANDS GROUP'S OFF BALANCE SHEET DEBT🚨 Entities tied to First Brands and its founder Patrick James have filed for bankruptcy protection, compounding issues at the car parts supplier whose troubles have roiled credit markets. Story w/ @ortenca.bsky.social on.ft.com/4nfPEul
on.ft.com
First Brands-linked entities file for bankruptcy
[FREE TO READ] Rapid unravelling of heavily indebted car parts supplier has caught credit markets off guard
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The Athletic @theathletic.com · 07/09/2025
Carlos Alcaraz surges past Jannik Sinner to win the U.S. Open 🏆 It is Alcaraz’s sixth Grand Slam title and his second at the U.S. Open. The result takes him back to world No. 1, ending Sinner’s 65-week stay at the top of the tennis world rankings.
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Financial Times @financialtimes.com · 29/08/2025
Milan’s expat ‘explosion’ brings new buzz to Italy’s financial centre on.ft.com/4mK03hM
on.ft.com
Milan’s expat ‘explosion’ brings new buzz to Italy’s financial centre
Favourable tax regime is drawing wealthy newcomers and changing the city’s dynamic
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Colby Smith @colbylsmith.bsky.social · 26/08/2025
Trump has taken an unprecedented step in trying to fire Fed governor Lisa Cook. The law stipulates that a president can only remove an official if there is "cause," a term that is vague and has no precedent www.nytimes.com/2025/08/25/u... @tonyromm.bsky.social @bencasselman.bsky.social @nytimes.com
nytimes.com
Trump Says He Is Removing Lisa Cook From Federal Reserve Board
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Chris Cook @chriscook.news · 12/08/2025
We wanted to know if the money that the EU has put into rearmament is turning into production capacity — and the answer is: yes. Industry is rearming.
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Financial Times @financialtimes.com · 29/07/2025
The FT View: The longer it has continued, the more it has borne the hallmarks of a vengeful assault by Israeli Prime Minister Benjamin Netanyahu’s far-right government to destroy the very fabric of Palestinian society. on.ft.com/3UBv3Us
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Ortenca @ortenca.bsky.social · 26/07/2025
Devastating
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Ortenca @ortenca.bsky.social · 24/07/2025
Gazans Are Dying of Starvation www.nytimes.com/2025/07/24/w...
nytimes.com
Gazans Are Dying of Starvation
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Michela Tindera @mtindera.ft.com · 23/07/2025
The competition for junior talent on Wall Street reached a new peak this summer. This week on Behind the Money, @sindap.bsky.social and @ortenca.bsky.social explain why, and what this means for Wall St's top investment banks and private equity firms. 🎧: podfollow.com/behind-the-m...
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Tony Tassell @tonytassell.bsky.social · 11/07/2025
When a pension fund makes a hedge fund size bet - was it for the Italian national interest? Rpt by Silvia Sciorilli Borrelli and @ortenca.bsky.social www.ft.com/content/c4ad...
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Ortenca @ortenca.bsky.social · 07/07/2025
Absolute must read from @stephenfoleyft.bsky.social on.ft.com/46fh6Tx Tony Blair’s staff took part in ‘Gaza Riviera’ project with BCG
on.ft.com
Tony Blair’s staff took part in ‘Gaza Riviera’ project with BCG
Former UK prime minister’s institute participated in meetings on plan to turn shattered enclave into trading hub
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Tony Tassell @tonytassell.bsky.social · 25/06/2025
Can HSBC cut its way to growth? - FT Big Read from @ortenca.bsky.social www.ft.com/content/61e8...
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Ortenca @ortenca.bsky.social · 05/06/2025
This is honestly better than White Lotus.
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Ortenca @ortenca.bsky.social · 12/05/2025
👇🏼👇🏼👇🏼
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Ortenca @ortenca.bsky.social · 03/05/2025
Citi del Sol: How the party ended for Wall Street bank’s Málaga experiment
on.ft.com
Citi del Sol: How the party ended for Wall Street bank’s Málaga experiment
‘They sold us the dream but the reality was much more different,’ said one employee
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Robert Smith @bondhack.ft.com · 22/04/2025
great piece from @ortenca.bsky.social on financial-fixer-par-excellence Ian Osborne's links to Jeffrey Epstein www.ft.com/content/cb43...
ft.com
Ian Osborne: fixer to the rich and powerful behind Epstein’s ‘Project Jes’
A court case in London reveals messages mounting a campaign to install Jes Staley as CEO of Barclays bank
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Financial Times @financialtimes.com · 05/04/2025
Jes Staley awaits judgment in courtroom battle over ‘Uncle Jeffrey’ Epstein www.ft.com/content/f5e23b51-05ae-45…
ft.com
Jes Staley awaits judgment in courtroom battle over ‘Uncle Jeffrey’ Epstein
The former Barclays chief tried to clear his name in a high-profile challenge against the FCA. Was it worth it?
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Ortenca @ortenca.bsky.social · 20/03/2025
We delved into structural hedging and why all the banks are talking about it now. www.ft.com/content/d58a...
ft.com
‘The caterpillar’: British banks’ £50bn answer to falling rates
The UK’s largest high street lenders have deployed hedging strategies to smooth volatile earnings
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Robert Smith @bondhack.ft.com · 14/03/2025
“Our client vehemently denies using the word ‘c*nt’ in front of his colleagues’ children at work,” Sadler’s lawyers said. In the event children were ever present, they added, he denied “having knowingly used profanities.”
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Kaye Wiggins @kayewiggins.ft.com · 14/03/2025
This is a story about the rise and fall of a man from a working-class town. It’s about power in a grey area of global finance. It’s about football, swearing, a Blackpool bar called Shenanigans and a tangerine-coloured private boat. Enjoy. w/ @bondhack.ft.com @ortenca.bsky.social on.ft.com/3DTv1m6
on.ft.com
Inside the downfall of trading titan and Blackpool FC owner Simon Sadler
[FREE TO READ] He was a heavyweight in Hong Kong finance and a hometown hero. Now he faces the possibility of jail
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Robert Smith @bondhack.ft.com · 13/03/2025
Todays FT front page story by @ortenca.bsky.social
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Robert Smith @bondhack.ft.com · 12/03/2025
London's High Court has heard how former Barclays boss Jes Staley referred to the now dead paedophile Jeffrey Epstein as “uncle Jeffrey” to his student daughter, months after Epstein’s conviction for soliciting a minor. Full story from @ortenca.bsky.social on.ft.com/3R4JEpI
on.ft.com
Staley called Epstein ‘uncle Jeffrey’ to daughter, court hears
[FREE TO READ] Ex-Barclays boss is trying to clear his name over allegedly downplaying links to dead paedophile
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Ortenca @ortenca.bsky.social · 11/03/2025
Late night scoop: on.ft.com/3Dp7Vns FCA drops plan to ‘name and shame’ more UK companies under investigation
on.ft.com
FCA drops plan to ‘name and shame’ more UK companies under investigation
[FREE TO READ] Financial regulator says it will scrap new public interest test after backlash from the City and government officials
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Robert Smith @bondhack.ft.com · 10/03/2025
Taken from Alistair Gray and @ortenca.bsky.social’s latest on Jes Staley’s highly effective campaign of trying to stop everyone associating him with a dead paedophile forevermore on.ft.com/43DOlyj
on.ft.com
Staley fights back after Barclays chair says his view has ‘changed’ in Epstein case
[FREE TO READ] UK bank’s former chief accuses regulators of ‘destroying’ his reputation over alleged links with convicted paedophile
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Ortenca @ortenca.bsky.social · 05/02/2025
Weirdly not the craziest thing a world leader has said in the past 24 hours . . .
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Ortenca @ortenca.bsky.social · 18/01/2025
Santander considers UK exit amid frustrations with high street banking on.ft.com/40HHEJW
on.ft.com
Santander considers UK exit amid frustrations with high street banking
Spanish group reviewing its presence in the country as returns lag other markets
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Amelia Pollard @pollard.bsky.social · 15/01/2025
Hindenburg Research has been one of the most-feared short sellers on Wall Street. After seven years, it’s shutting down w/ @ortenca.bsky.social: on.ft.com/3PFAQGh
on.ft.com
Short seller Nathan Anderson to shut down Hindenburg Research
[FREE TO READ] Firm behind high-profile bets against groups from India’s Adani to US’s Super Micro to disband
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Ortenca @ortenca.bsky.social · 13/12/2024
HSBC reviews retail banking outside UK and Hong Kong on.ft.com/3Dq2eF6
on.ft.com
HSBC reviews retail banking outside UK and Hong Kong
[FREE TO READ] Bank could scale back in countries including Mexico as it seeks further cost cuts
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Ortenca @ortenca.bsky.social · 11/12/2024
UK fintech Stenn collapsed after Russia money laundering case drew scrutiny on.ft.com/4ftDs4F
on.ft.com
UK fintech Stenn collapsed after Russia money laundering case drew scrutiny
[FREE TO READ] Passing reference in US criminal indictments prompted HSBC to probe transactions
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Ortenca @ortenca.bsky.social · 26/11/2024
Jefferies prided itself on standing by Adani when the company and its founder were accused of fraud by short seller Hindenburg Research. www.ft.com/content/795d...
ft.com
US charges against Gautam Adani put loyal Jefferies on the spot
New York-based bank was vocal champion of Indian group whose billionaire head is accused of bribery scheme
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Eric Platt @ericgplatt.ft.com · 21/11/2024
Bank of America is drawing up plans to structure risk transfer deals (SRTs) for smaller lenders, a move that could turbocharge the nascent market at a time of heightened scrutiny. @ortenca.bsky.social Steve and I have the scoop: on.ft.com/3ANWAvR
on.ft.com
BofA targets regional banks to expand risk transfer market
[FREE TO READ] Lenders are on course to issue a record amount of synthetic risk transfers this year
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Sam Learner @samlearner.bsky.social · 24/07/2024
NEW: How private equity tangled banks in a web of debt Our latest visual story on the layers of leverage in the private equity industry worrying regulators. ig.ft.com/private-equi...
ig.ft.com
How private equity tangled banks in a web of debt
Complex layers of leverage could pose a threat to the global economy
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