US banks take diverging bets on direction of interest rates
Bank of America has grown its debt portfolio while JPMorgan Chase has hung back
National/regional news and analysis
Grant Thornton to charge more than £20m for Greensill administration
Firm’s fee forecast now represents close to 5 per cent of its entire UK annual revenues
Fines for financial misconduct fall from post-crisis highs
Drop in value of settlements around world may only prove temporary as regulators prepare to resume ‘normal’ business
U.S. Renews Its Support for the World Trade Organization
Trade Representative Katherine Tai outlined her vision for the battered World Trade Organization, saying the U.S. wanted to re-engage and address working people’s concerns.
Single-Family Home Turned Rental Complex: The Future of California Suburbs?
A single-family home from the 1950s is now a rental complex and a vision of California’s future.
How private equity came to resemble the sprawling empires it once broke up
As the surviving founders at KKR step down, some experts warn the industry could exhaust its capacity to maintain high returns
Goldman Sachs: market still fails to give bank credit for its strategy
Valuation reflects a riskier earnings profile despite push into consumer banking and wealth management
Rising Rents Stoke Inflation Data, a Concern for Washington
Economic policymakers have said inflation will prove temporary, but rising rents may challenge that view and pressure Washington to react.
Hargreaves Lansdown: making the most of a new generation of investors
Financial services group cannot afford to stint on technology investment
Brexit fears started hitting UK trade as early as 2015 – new research
After the UK formally left the EU at the end of 2020, it experienced a dramatic fall in trade. The media was full of stories about lengthy hold-ups at customs and empty shelves in supermarkets.
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