ECB to kick off race for top roles as Lagarde era enters final stretch
Four of six jobs on central bank’s executive board become vacant before end of 2027, including the presidency
UK
Europe’s defence start-ups in funding shortfall despite looser bank policies
HSBC and Revolut among those restricting lending to sector in a sign of hurdles to rebuilding region’s arms industry
Climate finance feels the chill as net zero alliances unravel
As banking and insurance groups retreat under pressure, pension and sovereign funds keep the climate focus alive
Swiss finance shrinks as regulators tighten grip on prized sector
Stricter post-Credit Suisse oversight sets nation on different path to US in particular
ANZ slashes $19mn of executive bonuses after bond scandal
Australian bank’s board says move reflects regulatory settlements and drop in profits
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Lloyds quietly builds £2bn rental portfolio to become major UK landlord
UK bank has acquired 7,500 homes for rent since 2021 as it seeks to diversify income
Private equity steps in as Europe’s last industrial groups splinter
Buyout firms see opportunities to improve performance at non-core divisions of region’s remaining conglomerates
Wealthy Chinese sidestep Singapore for Dubai
Private bankers and advisers report rise in interest in the Gulf as Asian city-state tightens scrutiny of applicants
Lloyds Bank’s landlord experiment starts to earn its keep
Residential business owns almost 7,500 homes, a portfolio that people close to the company say is worth north of £2bn
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