Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Donald Trump backs ‘immediate release’ of documents on FBI search of Mar-a-Lago
    • Luxury watch prices plummet on weak Chinese consumer confidence
    • Spain says gas link to wider EU could be ready within months
    • Trump under investigation for possible violation of US Espionage Act
    • Author Salman Rushdie stabbed at event in New York state
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • Miami becomes the new boom town for corporate lawyers
      • The Qantas chief who brought a new travel disruption term to Australian vernacular
      • Scotch whisky shows surprising strength in global gloom
      • UK energy tax breaks are at odds with cost of living crisis
      • Mark Carney to become chair of Brookfield’s asset management spin-off
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      • Cryptofinance
      Most Read
      • Live news updates from August 12: Trump under Espionage Act investigation, Salman Rushdie stabbed in western New York
      • Spain says gas link to wider EU could be ready within months
      • Asset managers bet big on crypto despite market rout
      • Glencore cuts ties with Chinese trader over missing $500mn of copper
      • Next financial crisis likely to centre on private markets
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • The Big Read
      • Lex
      • Obituaries
      • Letters
      Most Read
      • Mortgage wake-up call for middle classes
      • Next financial crisis likely to centre on private markets
      • Western companies wake up to China risk
      • Russia’s diplomats are now reduced to propagandists
      • Companies are struggling to adjust as consumers go cold on goods
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      Most Read
      • Can a city be redesigned for the new world of work?
      • Brompton’s Will Butler-Adams: ‘People have no idea what goes into a product. That’s not a good thing’
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • Is the UK housing market at a turning point?
      • Formula 1’s Toto Wolff: ‘You need to push people out of their comfort zone’
      • How we live now: Afghanistan’s women speak
      • My handwriting is terrible. Should I be worried?
      • The hottest swimwear — influenced by cold water sport
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Your guide to a disrupted world

    Start a 4-week trial

    Madison Darbyshire

    US Investment Reporter

    Madison Darbyshire is a reporter covering investment in New York. She joined the FT in London in October 2017, and previously worked as an investigative journalist in New York, reporting on eldercare, law and youth criminal justice.

    Before becoming a reporter, she worked as a data analyst, trained as a chef, wrote fiction and was an aid worker in refugee camps in coastal Greece.

    Email Madison Darbyshire @madarbyshire  on Twitter (link opens in a new browser window)
    Email Madison Darbyshire @madarbyshire  on Twitter (link opens in a new browser window)

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Wednesday, 10 August, 2022
      News in-depthRobinhood
      Robinhood suffers harshest hangover after pandemic stock trading boom

      Active users desert upstart retail broker while stodgier rivals weather market slump

    • Wednesday, 3 August, 2022
      Behind the Money podcast20 min listen
      The rise of the ‘F@$K It’ investor

      The 2008 financial crisis gave rise to a new generation of investors known as ‘generation moonshot’

    • Wednesday, 3 August, 2022
      FT News Briefing podcast10 min listen
      ‘Generation Moonshot’ investors

      China suspends 2,000 food products from Taiwan as Pelosi visits

    • Tuesday, 2 August, 2022
      Robinhood
      Robinhood to slash headcount by 23% as retail trading bubble bursts

      Second round of lay-offs this year for company that promised to revolutionise stockbroking

    • Thursday, 21 July, 2022
      Travel
      This year’s hottest vacation? Working as a Wild West ranch-hand

      Guest ranches have never been busier — but why are tourists forking out to do hard physical labour?

    • Wednesday, 20 July, 2022
      The Big Read
      Generation moonshot: why young investors are not ready to give up on risk

      Even amid a meltdown in crypto markets, DIY traders who came of age after the financial crisis no longer want to play by the old rules

    • Monday, 11 July, 2022
      Financial services
      Wealth management booms as the rich get richer but markets get choppy

      Industry aims to attract rising tide of younger DIY customers coming into inheritances but who need assistance

    • Friday, 8 July, 2022
      News in-depthCryptocurrencies
      Crypto exchanges and retail brokers vie for customers as trading ardour cools

      Competition grows for ordinary investors who trade shares and digital tokens

    • Friday, 24 June, 2022
      Robinhood
      Robinhood’s depiction of liquidity during ‘meme stock’ frenzy questioned

      US congressional committee releases findings from 18-month probe into wild market swings of January 2021

    • Tuesday, 21 June, 2022
      News in-depthUS midterm elections
      Illinois governor’s race shapes up to be a battle of the billionaires

      Citadel’s Ken Griffin faces off against a Republican megadonor and an heir to the Hyatt hotel fortune

    • Monday, 20 June, 2022
      Special ReportFTfm: ETFs and Asset Management
      Technology providers push direct indexing into the mainstream

      Asset managers are acquiring fintech partners to capitalise on the surge in client interest in tax reductions and customised portfolios

    • Sunday, 19 June, 2022
      Chinese business & finance
      Gramercy sees value in buying up indebted China real estate

      Founder Robert Koenigsberger notes parallels to Russia in the 1990s and is loading up on property company bonds

    • Saturday, 18 June, 2022
      Warren Buffett
      Lunch with Warren Buffett sells for $19mn at auction

      Chance to dine with 91-year-old Berkshire billionaire in New York sets record

    • Wednesday, 15 June, 2022
      Cryptocurrencies
      Crypto exchanges slash jobs as market turmoil triggers trading downturn

      Sharp slowdown in volumes hits major platforms such as Coinbase and Gemini

    • Tuesday, 14 June, 2022
      FT MagazineMobile devices
      In praise of voice notes, the most despised form of communication

      Tapping the mic in WhatsApp or iMessage is a way to maintain real connection in a text-first world

    • Monday, 13 June, 2022
      Charles Schwab
      Charles Schwab to pay $187mn settlement to robo-adviser clients

      SEC slams ‘egregious’ allocations of customer money that extracted ‘hidden costs’

    • Wednesday, 8 June, 2022
      US financial regulation
      SEC chief launches review of ‘uneven’ US equities market

      Gary Gensler’s plan to ‘do better for retail investors’ draws fire from brokers and trading firms

    • Saturday, 4 June, 2022
      Cryptocurrencies
      Slumping cryptocurrency prices undercut pay cheque trend

      Mayor of New York says ‘bitcoin is here to stay’ after converting some salary to digital assets

    • Monday, 16 May, 2022
      Fund management
      The trillions of dollars bypassing black-run funds 

      Lack of allocations poses ‘huge problem’ of inequality for the industry, warns investor John Rogers

    • Thursday, 12 May, 2022
      Robinhood
      FTX chief takes stake in online brokerage Robinhood

      Sam Bankman-Fried’s disclosure of $648mn in share purchases sends company’s stock soaring

    • Thursday, 12 May, 2022
      News in-depthUS equities
      Retail traders no longer ‘buyer of first resort’ as US stocks slide

      Inflows have dwindled this month while inflation and interest rates squeeze spare cash

    • Friday, 6 May, 2022
      Lunch with the FT
      Writer Ocean Vuong: ‘Beauty is medicinal to me. It’s not useless’

      The Vietnamese-American poet on the legacy of war, navigating grief — and turning invisibility into a superpower

    • Thursday, 28 April, 2022
      Robinhood
      Robinhood revenues tumble as retail trading loses steam

      Shares fall 11% as brokerage laps ‘Covid extravaganza trading boom’

    • Tuesday, 12 April, 2022
      Life & Arts
      Must love dogs, and other lessons for the return to real-life dating

      Two’s company. But three, when one of them is a dog, is a crowd

    • Wednesday, 6 April, 2022
      Agricultural commodities
      Investors seeking inflation hedge snap up US farmland

      Prices for prime Midwest ground climbed by up to a third in past year as world food prices hit records

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsSecondary Schools

    Tools

    PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition
    • Top sections
    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
      • Australia & NZ
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      • Cryptofinance
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • The Big Read
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports
    • FT recommends
    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • FTfm
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Community
      • FT Live
      • FT Forums
      • Board Director Programme
    • myFT
    • Portfolio
    • Today's Newspaper (ePaper)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In