Financial sector

UK and US poised to fall into recession as interest rates dampen growth
Moody’s report shows weak growth across G20 as central banks move to reduce persistent high inflation
Richard Partington Economics correspondent
31, May, 2023 @1:44 PM

‘It’s a massive ask’: is Binance capable of being regulated?
Crypto exchange says it will do everything possible to change UK watchdog’s mind but opacity remains an issue for US as well
Dan Milmo Global technology editor
27, May, 2023 @5:00 AM

Starling Bank founder steps down as CEO to avoid potential conflict of interest
Anne Boden is also a major shareholder and hopes move will shield online bank from possible concerns
Kalyeena Makortoff Banking correspondent
25, May, 2023 @10:45 AM

Look at what hedge funds really do – and tell me capitalism is about ‘rewarding risk’
‘Alternative asset managers’ are mainly focused on protecting themselves from losses – and they get tax breaks for it, too, says author Brett Christophers
Brett Christophers
25, May, 2023 @9:00 AM

UK ministers ask to meet Revolut amid reports it may be refused licence
Britain’s most valuable fintech firm has criticised regulatory hurdles that it says could drive it abroad
Kalyeena Makortoff Banking correspondent
19, May, 2023 @1:56 PM

Deutsche Bank agrees to pay $75m to settle Jeffrey Epstein lawsuit
Group of women accused lender of helping facilitate US financier’s sex trafficking operations
Kalyeena Makortoff Banking correspondent
18, May, 2023 @10:15 AM

UBS to make $35bn in Credit Suisse takeover – but lose $17bn in rushed deal
UBS says it will absorb costs related to litigation, regulatory matters and liability adjustments in emergency rescue
Mark Sweney
17, May, 2023 @10:01 AM

George Osborne to lead £2.4bn investment management firm
Former chancellor adds to roster of jobs with role as chair of Lingotto, owned by Agnelli family’s Exor
Kalyeena Makortoff
15, May, 2023 @1:39 PM

Deloitte under investigation over audit for retailer Joules
Financial Reporting Council to look at group’s 2021 accounts, a year before it went into administration
Sarah Butler
09, May, 2023 @12:57 PM

Shell shareholders should oust chair, says influential adviser
Pirc and Church of England back calls for investors to vote against Sir Andrew Mackenzie at AGM
Alex Lawson
09, May, 2023 @10:55 AM

Is the banking crisis coming to an end? As JP Morgan CEO notes, risks linger
Jamie Dimon says this phase of bank collapses is over, but ‘other cracks in the system’ could still be revealed
Kalyeena Makortoff Banking correspondent
02, May, 2023 @4:36 PM

Covid era graduates struggle with communication, say Deloitte and PwC
Accounting firms offer extra training on face-to-face presentations and in-person meetings
Jasper Jolly
02, May, 2023 @11:45 AM
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