BankingOpinion: U.S. banks are gaining in Europe, and their stocks top European and U.K. rivalsJanuary 8, 202483It has now been more than 15 years since the white heat of the global financial crisis, when Lehman Brothers,...
FundsU.S. national debt hits record $34 trillion ahead of funding fight in CongressJanuary 2, 2024110WASHINGTON — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political...
MoneyU.S. sanctions money network tied to Yemen’s Houthi rebels over Red Sea attacksDecember 29, 2023125Published: Dec. 28, 2023 at 10:22 p.m. ET WASHINGTON — The U.S. on Thursday imposed sanctions on a group of...
BankingEU banks fear new clearing minimums could be rushed throughDecember 28, 2023145European bankers are concerned that the European Securities and Markets Authority could be given powers that would force them to...
FundsRussia and Ukraine exchange drone attacks after EU funding stalledDecember 16, 202380Published: Dec. 16, 2023 at 5:14 a.m. ET Russia and Ukraine each reported dozens of attempted drone attacks in the...
FundsUK equity fund outflows hit £80bn since Brexit as investors stay sourDecember 14, 2023108UK equity funds are on track to post their worst-ever year of outflows, with the total yanked out by investors...
Finance‘If someone is stupid enough to finance an asset that gets stranded, that’s their own stupid fault’November 27, 2023111Lord Adair Turner doesn’t do easy jobs. He ran the Financial Services Authority through the global crisis in 2008. He...
FundsESG hiring is entering ‘prolonged recovery’November 27, 2023109The lull in ESG hiring that hit the asset management sector this year appears to be coming to an end....
FinanceCity’s caution over T+1 dashes hopes of Brexit dividendNovember 3, 202355The government’s search for something that could be claimed as a potential Brexit dividend for the City is, frankly, not...
CryptocurrencySecond Suit Challenging U.S. Sanctions on Crypto Mixer Tornado Cash FailsNovember 1, 202348Published: Nov. 1, 2023 at 5:03 p.m. ET By Mengqi Sun A federal judge in Florida has denied a cryptocurrency...