Scoop from Harry Wilson: UK regulators have ordered a dozen banks to start a Section 166 review of their auto lending business, which requires them to bring in an outside expert to examine their practices and produce a report for authorities bloomberg.com/news/articles/…

Exclusive: Epstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings Claim — story breaking now on ⁦Bloomberg⁩ from myself ⁦Ava Benny-Morrison⁩ ⁦Jason Leopold⁩ ⁦Jonathan Browning⁩ and Katherine Griffiths bloomberg.com/news/articles/…

New: Outflows! Retail investors are pulling more than €1 billion a month from real estate funds in Europe, with slumping demand and a surge in borrowing costs raising concerns about commercial property valuations w/ Nickolas Callanan Carla Canivete bloomberg.com/news/articles/…

New: The UK has opened talks with brokers, including HL and AJ Bell, about helping to sell the state’s shares in NatWest to retail investors. With William Shaw bloomberg.com/news/articles/… via Bloomberg Markets

EXCLUSIVE: Greg Coffey is in talks to acquire asset manager Emso in a sign of consolidation in the hedge funds industry. The deal will create a money manager with $13 billion in combined assets bloomberg.com/news/articles/… via Bloomberg Markets

A decade into her reign, Abby Johnson is reasserting control over the US fund giant’s London outpost. Heads are rolling. bloomberg.com/news/articles/…

NEW: Blackrock’s Larry Fink has big plans to get a piece of the riches of Saudi Arabia, which has long been a tough market for outsiders With Dinesh Nair Silla Brush Matthew Martin bloomberg.com/news/articles/… via Bloomberg Markets

NEW: Private equity dealmakers are being told to put more of their own assets on the line -- including homes and art collections -- as they struggle to wring cash from their increasingly wary backers. Today's Bloomberg Big Take bloomberg.com/news/articles/… via Bloomberg Markets

NEW: Vanguard's outsider CEO shows the mounting pressure the firm faces after the ETF boom masked years of missteps. Interviews with insiders paint a portrait of an organization already in the throes of a once-in-a-lifetime transformation bloomberg.com/news/articles/…

New from Loukia Gyftopoulou and Silla Brush: Vanguard's outsider CEO shows the mounting pressure the firm faces after the ETF boom masked years of missteps. bloomberg.com/news/articles/… via Bloomberg Wealth

Long read here on the state of play, five weeks today from the general election. With Swetha Loukia Gyftopoulou and William Shaw

NEW: The mood was upbeat at Berlin's PE conference this week, but privately, attendees were less relaxed. Investors are getting antsy, and the pressure to return money back to them is becoming so intense it may spell a make-or-break moment for many firms. bloomberg.com/news/articles/…

Labour risks surprising private equity with higher taxes than the industry is now expecting w/Swetha Katherine Griffiths Ben Stupples Alex Wickham JH Foerster bloomberg.com/news/articles/…

New: UK fund manager Terry Smith is moving his huge car collection, which includes a rare McLaren F1, to Mauritius after a law change exempts it from import duty. W/ Jonathan Browning Eamon Farhat🇲🇺🇱🇧 bloomberg.com/news/articles/… via Bloomberg

New: As Wamco's star money manager is investigated by the SEC, questions are swirling around Franklin’s hands-off approach to the many firms it has snapped up. Today's Big Take with Silla Brush michael mackenzie bloomberg.com/news/articles/…

As Wamco is investigated by the SEC, questions are swirling around Franklin’s hands-off approach to its stable of asset managers. bloomberg.com/news/articles/… via Bloomberg Wealth and with Silla Brush & Loukia Gyftopoulou

The Big Take: Even some of Goldman Sachs' most legendary ex-traders are struggling to make inroads at the top end of the hedge fund industry. Story with William Shaw, Sridhar Natarajan & @DonalGriffin1 bloomberg.com/news/features/… via Bloomberg Markets

New: As Western Asset Management star bond trader Ken Leech is scheduled to appear in a Manhattan federal court today, the firm he helped bring to former glory is getting tarnished. With Silla Brush bloomberg.com/news/articles/… via Bloomberg Markets