How AI might be deployed for better bank supervision
The technology could help tackle some of the cultural issues that contributed to the collapse of SVB
UK
Apollo and Thrive capitalise on private equity’s generational shift
By leaning into their new role as debt financiers, the old guard still have a lucrative place in the new financial order
CD&R pursues buyout of $40bn card processor Global Payments
Deal for US company would rank among largest buyouts in history
The government has delayed the toughest spending decisions – but here’s what we do know after the budget
Prime Minister Andy Burnham congratulates Chancellor John Healey after his first budget. © House of Commons, CC BY-NC-NDJohn Healey’s steady-as-she-goes budget was a picture of a government doing its best to offer “what help we can afford”, while weathering the economic storms. But despite its 98 policy measures, decisions on some of the biggest issues appear to have been kicked down the road.
What we know about the $6.3bn Binance hack
Analysis suggests hackers bypassed standard methods used in crypto thefts
Massive sinkholes open up across Turkey as it struggles with drought and climate change
Sinkholes are opening up across Turkey as farmers look for new sources of water. Yalcin Sonat/ShutterstockTurkey’s central Anatolian plateau is one of the country’s most important agricultural regions, producing wheat, maize, sugar beet and other crops. Yet beneath its cultivated fields, the ground is becoming increasingly unstable.
Partners plans to halve withdrawal limits on strained private equity fund
Swiss firm is under pressure as clients pull their money from its largest US and European funds
The super-rich are moving to Athens — what does that mean for everyone else?
Greece has spent years offering incentives to wealthy foreigners. Now its ambition is for them to put down roots by bringing their families and businesses and forming new communities
How different election results affect bank stability – global study
Recent elections in Brazil and Israel have yielded different political outcomes. In Brazil, Luiz Inácio Lula da Silva’s narrow and ultimately surprise victory in a presidential runoff vote has kept him in office.
In Israel, meanwhile, an inconclusive election result has left uncertainty over the formation of the next government. These outcomes are likely to have an effect on the stability of the financial systems in both countries.
NatWest posts weakest profit growth among big UK banks
Lender reports flat pre-tax profits of £2.2bn in third quarter
Pages
