BankingCutting interest rates too soon in Europe risks progress against inflation, central bank chief saysJanuary 17, 202453FRANKFURT, Germany (AP) — Cutting interest rates too soon could threaten Europe’s progress in battling the inflation that has ravaged...
FundsMisery continues for UK fund houses as Liontrust, Rathbones, Brooks Macdonald all bleed assetsJanuary 17, 2024215The City's asset managers are continuing to battle inflation, weak investor confidence and cost pressures, which are pushing down assets under management.On...
MoneyUrsula’s empty green Davos promise – POLITICOJanuary 16, 2024149The “train already left the station” for most private investors, said Vittorio Allegri, financial services director at FTI Consulting, since...
BankingCity brokers Panmure Gordon and Liberum to mergeJanuary 16, 202474City broker Panmure Gordon has merged with rival Liberum in another tie-up between key players in the sector that has...
BankingCenterview Partners hikes UK staff pay to record £413k per headJanuary 15, 202482Boutique Centerview Partners more than doubled pay for its UK employees as fees from dealmaking increased despite a broader M&A...
BankingBanks upbeat on US consumer despite bank profit declines, inflation and rising debt levelsJanuary 12, 2024103NEW YORK (AP) — The biggest banks in the country posted strong profits last year, helped by higher interest rates...
CryptocurrencyWill a bitcoin ETF ever reach Europe?January 11, 202475For a cohort of heavyweight US fund houses, the long wait is over. The Securities and Exchange Commission has approved...
CryptocurrencySEC has approved Bitcoin ETFs. Here’s what you need to knowJanuary 11, 2024143NEW YORK (AP) — Nearly a dozen new bitcoin funds began trading in U.S. markets for the first time Thursday,...
FundsM&G funds boss calls for global approach to tokenisationJanuary 10, 202470The chief executive of M&G’s asset management business has urged dialogue between global watchdogs to ensure a consistent regulatory framework...
CryptocurrencySEC approve new bitcoin fundsJanuary 10, 2024125NEW YORK (AP) — The Securities and Exchange Commission on Wednesday reluctantly approved the first exchange-traded funds that hold bitcoin,...