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Fed says it is weighing changes to bank tests for systemic risk

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US banking giants capture biggest share of industry profits since 2015

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What luxury is telling us

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The UK government must make sure it isn’t a confidence killer

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Honda and Nissan set to unveil details of merger talks

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Russia aims to be global leader in nuclear power plant construction

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Irish central banker says uncertainty for rate-setters higher now than in lockdown

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The darker side of Guy Hands’ legacy

When Guy Hands announced he was stepping down as chair of Terra Firma last year,

Donald Trump and Panama trade blows over control of canal

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Spotify executives cash in as streaming service stock price soars

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Syria’s new government ready to run Isis detainee camps, Turkish minister says

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Live news: Panama rejects Trump call for US to take back canal

Panamanian President José Raúl Mulino has hit back after Donald Trump said he would demand

Nick Candy vows to help Reform disrupt British politics ‘like we have never seen’

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Wall Street Brunch: Will Santa Deliver? (undefined:SP500)

Listen below or on the go on Apple Podcasts and Spotify The holiday-shortened week will

Trump names Treasury adviser from first term to chair economic panel

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Record $600bn pours into global bond funds in 2024

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Palantir and Anduril join forces with tech groups to bid for Pentagon contracts

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories