Lord Paul Myners, former City minister, dies aged 73
Assisted in Gordon Brown’s billion-pound bailout for UK banks in wake of financial crisis
UK
Campaigners call on Norway’s oil fund to exit Grenfell cladding stocks
Activists lobby NBIM over $1.4tn wealth fund’s investments in manufacturers and developers linked to 2017 disaster
Citi’s retail banking exit from Mexico a test of president’s nationalism
Sale of Banamex unit could tilt sector dominated by global lenders to more local control
T Rowe Price’s Bill Stromberg on building the right culture
Asset manager’s former CEO says the highest pay isn’t why people stay at firms, ‘people want to be a part of something special’
Expectations build for more than three US rate rises this year
Fed officials and economists predict central bank will go beyond its baseline forecast for increases if inflation persists
UAE steps up anti-dirty money measures to avoid global watchlist
Middle East’s main financial hub, long seen as a magnet for illicit finance, is battling to keep itself off the FATF’s grey list
JPMorgan plots ‘astonishing’ $12bn tech spend to beat fintechs
Big increase in investment will hurt profitability, raising fears for rival bank earnings in 2022
Ken Griffin, financial prodigy turned industry giant
Citadel Securities deal is latest in string of successes for controversial hedge funder
US banks: costs will be swing factor for 2022
Lenders will have to pay well to hang on to their dealmakers and tech investment is needed to keep the upstarts at bay
Andrea Orcel’s payout from Santander cut by €16.4m
Italian banker will also receive part of reduced €51.4m award in shares
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