Leverage creeps into gilts market as insurers seek to boost returns
Use of derivatives to enhance bets on UK government bonds raises parallels with strategies that fuelled 2022 meltdown
Use of derivatives to enhance bets on UK government bonds raises parallels with strategies that fuelled 2022 meltdown
Famed Hong Kong-based empire has gained about 50% since January as it pivots to something more like private equity
Conviction alongside co-defendant Charlie Javice was over $175mn sale of student finance start-up Frank
Central bank cuts come as prime minister seeks to streamline economy in face of Donald Trump’s trade war
Chancellor acknowledges lenders already pay high levels of tax by international standards
Tariffs on imports have been at the heart of Donald Trump’s economic policy since the start of his second term in the White House. And while the president believes that tariffs will be beneficial to the US economy, many eminent economists disagree. Here are three reasons why.
Ex-boss of Credit Suisse and Lloyds appointed deputy chair in his most prominent role for almost four years
When the full, unexpurgated diaries of the Conservative MP Sir Henry “Chips” Channon were published in 2021, these disarmingly frank accounts of his aristocratic life in mid-20th century Britain caused a stir. They revealed the inner thoughts of a renowned social climber and rightwing snob, whose political career never recovered from his record as an appeaser of Nazi Germany.
$500mn investment round underlines appetite for stablecoin payments sector
More than one-third of U.S. consumers were targeted by attempted financial fraud in 2024. Vladimir Vladimirov/E+ via Getty ImagesWhen banks issue their defrauded customers refunds and successfully identify the perpetrators, fraud victims are 60% more likely to stick with their bank than customers that didn’t experience any fraud.