Wall Street and crypto battle over the future of money
US President Donald Trump handed crypto companies a huge win last year when he signed a piece of legislation to regulate an important part of the digital currency world: stablecoins. But ever since th...
11 Mar 19min
Vote for Behind the Money in the NYC Podcast Awards!
Behind the Money has been nominated for an NYC Podcast Award in the Best Interview Podcast category. It’s an Audience Choice award, which means we need your help to win. Vote for us here. And while yo...
9 Mar 39s
Co-creators Mickey Down & Konrad Kay on ‘Industry’
This week Michela and the FT’s US banking editor, Joshua Franklin, interview the co-creators of the hit television show, Industry. In its fourth season, the show follows the lives of ambitious young p...
4 Mar 31min
Companies reap $22bn from Trump’s immigration crackdown
Raids by the US Immigration and Customs Enforcement have made national headlines. But behind ICE’s operations, a sprawling web of private companies – from global powerhouses to niche family-run busine...
25 Feb 25min
How a private equity pioneer lost its grip on the market it invented
Partners Group pursued an innovative approach to private equity: The firm built a business serving a market of individual investors. Now, a recent executive order from US President Donald Trump is set...
18 Feb 18min
A hedge fund’s $8bn bet on Venezuela’s Citgo
When the hedge fund Elliott Management pursued the acquisition of the oil refinery business Citgo a few years ago, the deal was already a complicated one. A US court had ordered its current owner, Ven...
11 Feb 20min
How the Federal Reserve might change under Kevin Warsh
US President Donald Trump on Friday made his pick to lead the Federal Reserve: Kevin Warsh. The former central bank governor with ties to Wall Street is seen as a mainstream pick. Still, some economis...
4 Feb 20min
Can Wells Fargo make it in investment banking?
For more than 170 years, Wells Fargo built a reputation as an all-American Main Street lender. Now, it is charting a new path and pushing into investment banking, something that many other banks have ...
28 Jan 19min
