Gulf arch-rivals Dubai and Qatar today threw their weight behind competing Western factions on both sides of the Atlantic in a fresh wave of global stock exchange consolidation.

Nearly half of the outstanding shares in the London Stock Exchange, which has already agreed a European tie-up with Borsa Italiana, are now in the hands of Gulf-based shareholders, after the investment arm of Qatar's government snapped up a 20% stake this morning.

Twin Gulf moves set stage for global exchange battle

Vivek Ahuja

London Stock Exchange

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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Top executives at JPMorgan Chase traveled through states including Mississippi and Alabama, where the bank is expanding its reach.

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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A weekly call turned into a celebration of heroes as staffers comfort one another through lingering trauma.

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Big stock awards have grown much bigger for the chief executives of Palantir and Broadcom, driven by dramatic market gains and, in some cases, complex multipliers.

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The U.K. Supreme Court said a commission from a bank to a car dealer isn’t considered a bribe and dealers don’t violate rules by not disclosing this commission to customers.

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The largest U.S. crypto exchange’s revenue fell short of Wall Street expectations.

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The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

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