Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A privately-held tech company is desperate for cash. Structuring this deal as debt instead of as equity also ...

We’ll send you a myFT Daily Digest email rounding up the latest Letter news every morning. From Dr Peter Harding and Mr Martin Harrison. Sir, Dov Frishberg (Letters, August 30) accuses us of ...

The Modigliani-Miller theory of bank capital posits that higher capital requirements result in negligible costs for banks, making them an effective way for regulators to increase the safety of banks ...

SERENA MODIGLIANI warned her husband not to turn around if someone shouted his name on the streets of Rome. “Otherwise they'll shoot you,” she said. It was the winter of 1978, and Italy was gripped by ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

Since the introduction of Basel III, bank capital requirements have been raised. The Modigliani and Miller (MM) theory indicates the irrelevance of the financing structure in terms of the cost of ...

It would appear so if the Reserve Bank of India's draft guidelines on the entry of new private banks is any indication. Indeed, an interesting conceptual issue thrown up by the draft guidelines is ...

Franco Modigliani’s Life-Cycle Hypothesis suggested that the more you earn, the more you save. This was contrary to conventional thinking that the level of savings fluctuated with income. His research ...

The Journal of Economic Perspectives (JEP) attempts to fill a gap between the general interest press and most other academic economics journals. The journal aims to publish articles that will serve ...

Merton H. Miller, one of the most prominent Chicago School economists, was honored for his fundamental advancements in the field of finance and economic regulatory problems, with a particular focus on ...