BlackRock reshapes top team to boost firepower against critics
World’s largest asset manager has come under fire for its stakes in large companies and ESG strategy
Gilt Market Operations – Market Notice 3 October 2022
This Market Notice supplements the Bank’s Market Notice and Press Release of 28 September setting out the details of its temporary purchases of long-dated UK government bonds.
FEDS Paper: Pricing of Climate Risk Insurance: Regulation and Cross-Subsidies
Sangmin S. Oh, Ishita Sen, and Ana-Maria TenekedjievaHomeowners’ insurance, a $15 trillion market by coverage, provides households financial protection from climate losses. Insurance premiums (rates) are subject to significant regulations at a state level in the United States. Using novel data on filings made by insurers to regulators, we propose a metric to quantify the extent of regulation in individual states.
King Charles will redistribute hundreds of charity patronages – here's why they are such an important part of royal life
After the Queen’s death, her son not only inherits her role as monarch and a significant fortune. King Charles III will also like take on most of the more than 600 charity patronages previously held by Elizabeth II. And as for the patronages Charles held as Prince of Wales, these will likely pass to his son Prince William, who now holds that title.
Pound recovers but remains at low levels – how to assess the long-term value of sterling
The value of the British pound has taken a battering in recent months. Yulia Grigoryeva / ShutterstockThe pound has recovered from a recent record dip after the chancellor’s mini-budget announcement.
Mini-budget: lessons from the UK's long history of economic crises
It was a mini-budget with a major impact.
Kim Kardashian to pay $1.3mn to settle crypto charges
Celebrity failed to disclose payment for EthereumMax post on Instagram, says SEC
Why UK final-salary pensions may now be unpayable without state support
When long-dated UK government bonds fell sharply following the consistent criticism of the new economic measures laid out by the UK government, it forced the Bank of England to intervene to prevent an “unwarranted tightening of financing conditions and a reduction of the flow of credit to the real economy”.
Credit Suisse CDS hit record high as shares tumble
Swiss bank fails to calm concerns as cost of buying its credit default swaps soars
Statistical Notice 2022/19
Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder
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