Sweden’s Alecta axes CEO after US bank losses
OSLO/STOCKHOLM, April 11 (Reuters) - Swedish pension fund Alecta on Tuesday fired its CEO Magnus Billing with immediate effect following...
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Explainer: Why European money market funds inflows are lagging behind the U.S. torrent?
LONDON, April 11 (Reuters) - Investors poured $367 billion into U.S. money market funds in March, according to data provider...
US proposes to slash EV mileage ratings to meet fuel economy rules
WASHINGTON, April 10 (Reuters) - The U.S. Energy Department (DOE) on Monday proposed reducing electric vehicles' (EV) mileage ratings to...
Analysis: Short sellers play heroes and villains in the U.S. bank crisis
April 9 (Reuters) - As First Republic Bank's share price fell by double-digits in the aftermath of the collapse of...
JPMorgan’s dealmaking flurry being scrutinized by US regulator – FT
April 7 (Reuters) - JPMorgan Chase & Co (JPM.N) is being scrutinized by U.S. regulators for the due diligence the...
Exclusive: Revolut audit queries, skittish regulators complicate its UK licence bid -sources
BDO's audit opinion draws regulatory scrutinyRevolut mulls changing auditor - sourceRevolut says company doesn't comment on regulatory applicationsLONDON, April 6...
Italian drugs cartels conceal payments via Chinese shadow banks
MILAN, April 6 (Reuters) - Drugs cartels operating in Italy are increasingly using shadow networks of unlicensed Chinese money brokers...
Exclusive: German banks hit by wave of complaints from savers
FRANKFURT, April 6 (Reuters) - Complaints from consumers about banks and other financial firms in Germany rose by a fifth...
Banking turmoil dampens shine of ESG funds at end of strong Q1
LONDON, April 6 (Reuters) - Investment funds with environmental, social and governance (ESG) goals appear to be back in vogue...
EU vote on human rights ‘due diligence’ looms for financial firms
LONDON, April 4 (Reuters) - Financial services companies would be required to take action if their clients were failing to...
