EU States Greenlight Giving Hungary Nearly 1 Bn Euros
EU finance ministers on Friday approved giving 920 million euros ($990 million) to Hungary as an advance on its part...
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EU States Fail To Agree On Budget Rules Reform
EU finance ministers failed to seal a deal on an overhaul of the bloc's spending rules on Friday, but still...
Treasury Department Tightens Mortgage-Lending Regulation for CDFIs
The U.S. Treasury Department is narrowing an exemption used by some mortgage lenders to offer “no doc” loans. The exemption...
Bankers, lawyers and accountants won’t quit, stoking fears of more job cuts
Morgan Stanley cut 3,500 jobs in June in its deepest restructure since 2008. It was taken as a sign that...
Metro Bank Says To Axe Fifth Of Staff In UK
Metro Bank, which has struggled in its quest to shake up Britain's established banking sector, said Thursday that it planned...
U.S. Stocks Have Been Winners This Year. Why That Probably Won’t Change in 2024.
It’s said that history may not repeat itself, but it often rhymes. That may be true for 2024, if U.S....
‘If someone is stupid enough to finance an asset that gets stranded, that’s their own stupid fault’
Lord Adair Turner doesn’t do easy jobs. He ran the Financial Services Authority through the global crisis in 2008. He...
ESG hiring is entering ‘prolonged recovery’
The lull in ESG hiring that hit the asset management sector this year appears to be coming to an end....
Veteran stock-picker David Cumming warns London risks losing ‘competitive advantage’
David Cumming, one of the City’s longest-serving fund managers, said the UK must become “more pro-business” to keep its competitive edge over rival financial...
BNP Paribas AM backs private assets push despite pressures on sector
BNP Paribas Asset Management's UK chief continues to see private assets as an attractive play, despite valuations coming under pressure...
