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Ortenca

@ortenca

Banking Editor @financialtimes.com ๐Ÿ‡ฆ๐Ÿ‡ฑ in London and ๐Ÿ—ฝ in between

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07.11.2024
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Latest posts by Ortenca @ortenca

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How Deutsche Bank rolled out the red carpet for Jeffrey Epstein [FREE TO READ] German lender waved through convicted sex offenderโ€™s millions despite compliance concerns

Terrific reporting by colleagues: a bank gone horribly wrong as.ft.com/r/b32d4c15-1... @bondhack.ft.com @ortenca.bsky.social @costasmourselas.bsky.social

25.02.2026 14:42 ๐Ÿ‘ 15 ๐Ÿ” 6 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 2
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Epstein trustee document contradicts Jes Staley testimony Signed 2014 contract shows former Barclays boss would be paid $250,000 a year for role

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...

12.02.2026 08:05 ๐Ÿ‘ 0 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0

โ€œI would love to take photos of you in a Snow White costume. You can get it from the costume store,โ€ Jeffrey Epstein wrote to a woman three weeks before Jes Staley's now infamous email: โ€œthat was fun. Say hi to Snow Whiteโ€

Our scoop below ๐Ÿ‘‡

02.02.2026 15:12 ๐Ÿ‘ 12 ๐Ÿ” 3 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
Nigel Farage attended Davos as adviser to Iranian billionaire [FREE TO READ] Reform UK leaderโ€™s pass and hotel costs for World Economic Forum event were paid for by Sasan Ghandehari

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...

24.01.2026 10:34 ๐Ÿ‘ 5 ๐Ÿ” 1 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0

A spokesperson for Farage โ€œcategorically deny that Nigel Farage has ever been an adviser to HP Trustโ€.

23.01.2026 20:50 ๐Ÿ‘ 3 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0

Farage attended as โ€œan honorary and unpaid adviserโ€ to the businessmanโ€™s โ€œimpact investment portfolioโ€ a lawyer for Ghandehari told the FT

23.01.2026 20:49 ๐Ÿ‘ 3 ๐Ÿ” 0 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0

Sasan Ghandehariโ€™s HP Trust paid for Farage to attend Davos and told the World Economic Forum he had advised them since 2018

23.01.2026 20:48 ๐Ÿ‘ 4 ๐Ÿ” 1 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0
Nigel Farage attended Davos as adviser to Iranian billionaire [FREE TO READ] Reform UK leaderโ€™s pass and hotel costs for World Economic Forum event were paid for by Sasan Ghandehari

New on FT:

as.ft.com/r/169805cf-5... Nigel Farage attended Davos as adviser to Iranian billionaire

23.01.2026 19:50 ๐Ÿ‘ 53 ๐Ÿ” 34 ๐Ÿ’ฌ 9 ๐Ÿ“Œ 9
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Ukraineโ€™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 presidentโ€™s personal endorsement on security guarantees

๐Ÿ’ฅ 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...

13.01.2026 11:16 ๐Ÿ‘ 12 ๐Ÿ” 13 ๐Ÿ’ฌ 2 ๐Ÿ“Œ 1
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The flashy Utah-based leasing firm that lent billions to First Brands [FREE TO READ] Onset Financial called itself a โ€˜dominant forceโ€™ in financing everything from chickens to helicopters. It ended up as First Brandsโ€™ biggest creditor

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

01.11.2025 14:36 ๐Ÿ‘ 26 ๐Ÿ” 6 ๐Ÿ’ฌ 3 ๐Ÿ“Œ 1
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The secretive First Brands founder, his $12bn debt and the future of private credit Patrick James borrowed billions โ€” even after presiding over a string of failed businesses

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 ๐Ÿ‘‡

www.ft.com/content/8373...

16.10.2025 08:20 ๐Ÿ‘ 28 ๐Ÿ” 9 ๐Ÿ’ฌ 2 ๐Ÿ“Œ 1
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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

08.10.2025 14:18 ๐Ÿ‘ 4 ๐Ÿ” 1 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
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Jefferies earned undisclosed fees on First Brands โ€˜side letterโ€™ financing [FREE TO READ] Lenders to bankrupt car parts group believe arrangement may have breached loan covenant

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

06.10.2025 16:37 ๐Ÿ‘ 10 ๐Ÿ” 3 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0
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First Brands-linked entities file for bankruptcy [FREE TO READ] Rapid unravelling of heavily indebted car parts supplier has caught credit markets off guard

๐ŸšจBREAKING NEWS ON FIRST BRANDS GROUP'S OFF BALANCE SHEET DEBT๐Ÿšจ

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

25.09.2025 11:48 ๐Ÿ‘ 10 ๐Ÿ” 5 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0
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Carlos Alcaraz surges past Jannik Sinner to win the U.S. Open ๐Ÿ†

It is Alcarazโ€™s sixth Grand Slam title and his second at the U.S. Open.

The result takes him back to world No. 1, ending Sinnerโ€™s 65-week stay at the top of the tennis world rankings.

07.09.2025 21:41 ๐Ÿ‘ 313 ๐Ÿ” 40 ๐Ÿ’ฌ 13 ๐Ÿ“Œ 6
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Milanโ€™s expat โ€˜explosionโ€™ brings new buzz to Italyโ€™s financial centre Favourable tax regime is drawing wealthy newcomers and changing the cityโ€™s dynamic

Milanโ€™s expat โ€˜explosionโ€™ brings new buzz to Italyโ€™s financial centre on.ft.com/4mK03hM

29.08.2025 09:54 ๐Ÿ‘ 28 ๐Ÿ” 7 ๐Ÿ’ฌ 2 ๐Ÿ“Œ 2
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Trump Says He Is Removing Lisa Cook From Federal Reserve Board

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

26.08.2025 02:04 ๐Ÿ‘ 113 ๐Ÿ” 33 ๐Ÿ’ฌ 15 ๐Ÿ“Œ 4

We wanted to know if the money that the EU has put into rearmament is turning into production capacity โ€” and the answer is: yes. Industry is rearming.

12.08.2025 05:35 ๐Ÿ‘ 157 ๐Ÿ” 56 ๐Ÿ’ฌ 5 ๐Ÿ“Œ 2
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The FT View: The longer it has continued, the more it has borne the hallmarks of a vengeful assault by Israeli Prime Minister Benjamin Netanyahuโ€™s far-right government to destroy the very fabric of Palestinian society. https://on.ft.com/3UBv3Us

29.07.2025 09:00 ๐Ÿ‘ 529 ๐Ÿ” 289 ๐Ÿ’ฌ 3 ๐Ÿ“Œ 51

Devastating

26.07.2025 09:32 ๐Ÿ‘ 39 ๐Ÿ” 24 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 1

A THIRD of the population is not eating for multiple days in a row

24.07.2025 12:05 ๐Ÿ‘ 2 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
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Gazans Are Dying of Starvation

Gazans Are Dying of Starvation www.nytimes.com/2025/07/24/w...

24.07.2025 12:02 ๐Ÿ‘ 53 ๐Ÿ” 26 ๐Ÿ’ฌ 4 ๐Ÿ“Œ 3
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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.

๐ŸŽง: podfollow.com/behind-the-m...

23.07.2025 18:40 ๐Ÿ‘ 10 ๐Ÿ” 3 ๐Ÿ’ฌ 3 ๐Ÿ“Œ 0
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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...

11.07.2025 07:17 ๐Ÿ‘ 8 ๐Ÿ” 1 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
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BCG modelled plan to โ€˜relocateโ€™ Palestinians from Gaza Consulting firm had multimillion-dollar role in contentious new aid scheme for shattered enclave

And this from over the weekend

on.ft.com/4nzTQFU BCG modelled plan to โ€˜relocateโ€™ Palestinians from Gaza

07.07.2025 07:41 ๐Ÿ‘ 0 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
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Tony Blairโ€™s staff took part in โ€˜Gaza Rivieraโ€™ project with BCG Former UK prime ministerโ€™s institute participated in meetings on plan to turn shattered enclave into trading hub

Absolute must read from @stephenfoleyft.bsky.social

on.ft.com/46fh6Tx Tony Blairโ€™s staff took part in โ€˜Gaza Rivieraโ€™ project with BCG

07.07.2025 07:40 ๐Ÿ‘ 3 ๐Ÿ” 1 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0
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Can HSBC cut its way to growth? - FT Big Read from @ortenca.bsky.social www.ft.com/content/61e8...

25.06.2025 06:04 ๐Ÿ‘ 4 ๐Ÿ” 3 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0

This is honestly better than White Lotus.

05.06.2025 20:32 ๐Ÿ‘ 80 ๐Ÿ” 3 ๐Ÿ’ฌ 2 ๐Ÿ“Œ 2

๐Ÿ‘‡๐Ÿผ๐Ÿ‘‡๐Ÿผ๐Ÿ‘‡๐Ÿผ

12.05.2025 20:39 ๐Ÿ‘ 1 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
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Citi del Sol: How the party ended for Wall Street bankโ€™s Mรกlaga experiment โ€˜They sold us the dream but the reality was much more different,โ€™ said one employee

Citi del Sol: How the party ended for Wall Street bankโ€™s Mรกlaga experiment

03.05.2025 06:46 ๐Ÿ‘ 1 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0