White House moves to ban institutional investors from buying single-family homes
Change would hit buyout groups such as Blackstone and Cerberus that have amassed large residential portfolios
Change would hit buyout groups such as Blackstone and Cerberus that have amassed large residential portfolios
Deal extricates lender from one of the last businesses related to its ill-fated push into retail banking
Vivid Brands/ShutterstockIn the UK, as in many other countries, the shift towards electric vehicles (EVs) has been rapid. Incentives, increased choice and some positive PR took the electric car sales to nearly 500,000 vehicles in 2025 – around 24% of the market. But the government’s budget in late November, which outlined new charges for EV owners, may have slammed the brakes on this momentum.
UK fintech agrees $38mn deal as it eyes international expansion and potential IPO
Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder
Venezuela's state-owned PDVSA has been used as a cash cow by Maduro. JBula_62/ShutterstockThe capture of former Venezuelan president Nicolás Maduro by the US intelligence services and armed forces has resulted in a frenzy of speculation about its consequences. But there is no doubt that the events were closely linked to the oil riches of the country.
US private capital group’s investment into Global Technical Realty comes alongside $400mn from Oak Hill Capital
Fund paid $81.6mn dividend to another group company controlled by billionaire financier
East London landmark is latest site in capital to be identified for high-tech redevelopment
This paper examines the relevance of banks’ exposure to climate transition risk in the interbank lending market. Using transaction-level data on repo agreements, we first establish that banks with higher exposure to transition risk face significantly higher borrowing costs. This premium is a combination of a risk premium, compensating lenders for increased credit risk, and an inconvenience premium, reflecting the sustainability preferences of key dealer banks.