UK watchdog scrutinises investment trusts’ battle with US hedge fund
FCA encourages Hargreaves Lansdown, Interactive Investor and AJ Bell to make shareholders aware of looming votes
Bank of America still paying the price for being too careful
Second-largest US bank’s stock is up just 2% over past three years
UK housebuilders forecast growth after Labour planning reforms
Taylor Wimpey and others say government measures will boost sector in spite of economic uncertainty
Credit scores are hazardous to your financial health
Dominated by Fico ratings, scores serve the interests of the lenders, not consumers
Bureau Veritas ditched talks with UK’s Intertek to seek €31bn Swiss deal
Anglo-French tie-up discussions shelved in favour of possible deal with rival SGS
Natixis and Generali poised to announce asset management tie-up
Fifty-fifty joint venture would bring together two of the biggest European investment groups
Elon Musk is elevating Trump’s foreign policy of deliberate disruption to a new level
Donald Trump’s first term gave the world a taste of deliberately disruptive unwanted involvement in the domestic affairs of other countries, with examples ranging from Britain in the throes of Brexit to North Korea where the 45th US president attempted to forge a personal deal with K
All change! Why England’s public transport system could look very different very quickly
Daniel J. Rao/ShutterstockThe UK’s public transport system has been in a state of flux since the arrival of COVID. Lockdowns, social distancing and working from home all made customer demand for buses and trains dramatically different from pre-pandemic days.
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banks
Community savings groups in Uganda are good stewards of local people’s money – and of outsiders’ funds too, research shows
In remote areas of Uganda, getting to a bank can be difficult if not impossible. Luis Tato/AFP/Getty ImagesImagine being unable to borrow money for basic needs or emergencies because the bank is too far away or demands collateral or identification that you can’t provide. For millions of rural people living in poverty around the world, this is a daily reality.
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