Opinion: U.S. banks are gaining in Europe, and their stocks top European and U.K. rivals
It has now been more than 15 years since the white heat of the global financial crisis, when Lehman Brothers,...
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U.S. national debt hits record $34 trillion ahead of funding fight in Congress
WASHINGTON — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political...
U.S. sanctions money network tied to Yemen’s Houthi rebels over Red Sea attacks
Published: Dec. 28, 2023 at 10:22 p.m. ET WASHINGTON — The U.S. on Thursday imposed sanctions on a group of...
EU banks fear new clearing minimums could be rushed through
European bankers are concerned that the European Securities and Markets Authority could be given powers that would force them to...
Russia and Ukraine exchange drone attacks after EU funding stalled
Published: Dec. 16, 2023 at 5:14 a.m. ET Russia and Ukraine each reported dozens of attempted drone attacks in the...
UK equity fund outflows hit £80bn since Brexit as investors stay sour
UK equity funds are on track to post their worst-ever year of outflows, with the total yanked out by investors...
City’s caution over T+1 dashes hopes of Brexit dividend
The government’s search for something that could be claimed as a potential Brexit dividend for the City is, frankly, not...
Second Suit Challenging U.S. Sanctions on Crypto Mixer Tornado Cash Fails
Published: Nov. 1, 2023 at 5:03 p.m. ET By Mengqi Sun A federal judge in Florida has denied a cryptocurrency...
Paris won the race for banking jobs after Brexit. What’s next?
Frankfurt was ready to celebrate.Only a year after the 2016 Brexit referendum, the vast majority of US banks had set...
Brexit confusion continues as top financial regulators prepare to meet
More than seven years on from the Brexit vote, the City remains in regulatory limbo, with some executives predicting more...
