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Economic Nationalism Is Back: Global Trade Will Never Look The Same
Amer. & Chinese flags table decorations during US/China ceremony renewing 1989 MOA Memo of Agreement … [+] re Intl. Trade…
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What A Likely Ultra-Short Winter Means For You
Unwanted natural gas is burned off at an oil field on Kharg Island in the Persian Gulf, off the ……
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Is the market bottom in? 5 reasons U.S. stocks could continue to suffer heading into next year.
With the S&P 500 holding above 4,000 and the CBOE Volatility Gauge, known as the “Vix” or Wall Street’s “fear…
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HSBC poaches ex-FCA comms boss Tom Willetts for private banking role
Former Financial Conduct Authority communications director Tom Willetts is joining HSBC as global head of communications for private banking and…
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Abrdn set for FTSE 100 return following share price rally
Abrdn, the Edinburgh-headquartered asset manager, is set to return to the UK’s premier listing of UK companies following a more…
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FTX hires former regulators to investigate what led to the crypto giant’s bankruptcy
Cryptocurrency exchange FTX, whose recent collapse has led to questions about lacking regulatory oversight, has hired a fitting team to…
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FTX Hires Ex-Regulators to Investigate Firm’s Collapse
Cryptocurrency exchange FTX, whose recent collapse has led to questions about lacking regulatory oversight, has hired a fitting team to…
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Google Layoffs: Big Tech Continues Downsizing
Getty Images Key takeaways A report from tech-focused news site The Information suggests that Google layoffs could top 6%, or…
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Fidelity cashes in on crypto crisis following FTX collapse
Fidelity’s institutional crypto boss said the firm is taking advantage of the turmoil in the digital assets sector, as clients…
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Toxic combo of poor regulation and UK government’s reckless budget triggered pension blow-up, witnesses say in inquiry
A toxic combination of leverage, poor regulation and a reckless UK government budget drove the extraordinary blow-up of the pension…
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Morgan Stanley names new leaders for European financial sponsors unit in dealmaker shake-up
Morgan Stanley has installed new heads of its financial sponsors business in Europe, the latest changes at the US bank,…
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Credit Suisse warns of $1.6bn hit in fourth quarter as concerned clients pull investments
Credit Suisse warned it would lose around $1.6bn in the fourth quarter after customers pulled their investments and deposits over…
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Pensions for Purpose’s Charlotte O’Leary: Can white, male, over-50 trustees represent a fund’s youngest members?
Charlotte O’Leary was fed up — she’d spent over a decade at large asset management firms and investment consultants. She was…
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Morgan Stanley’s top London banker Franck Petitgas steps down
Morgan Stanley’s top investment banker in London is stepping down from the US firm after nearly 30 years. Franck Petitgas,…
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The SEC rule that stands to cost FTX crypto customers billions
Hal Scott is an emeritus professor at Harvard Law School and director of the Committee on Capital Markets Regulation. John…
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Credit Suisse flags $1.6 billion 4Q loss as wealth management comes under strain
Credit Suisse Group AG said Wednesday it expects to make a loss before taxes of around CHF1.5 billion ($1.58 billion)in…
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Is the stock market open on Black Friday? Thanksgiving week trading hours for major assets.
It’s going to be a short week on Wall Street. U.S. stock exchanges will be closed for Thanksgiving Day on…
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Credit Suisse and Apollo strike deal for securitised products group
Credit Suisse Group has entered into definitive transaction agreements to sell a large part of its securitised-products group and other…
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Hedge funds fall for Dubai over lower tax rates, softer regulation — portfolio managers want in
London hedge funds are joining a trend of investment firms looking towards Dubai for expansion, lured by lower tax rates, softer…
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Bain Capital snares Ropes & Gray London boss for top European legal role
Private equity firm Bain Capital has hired US law firm Ropes & Gray’s London boss for a senior role in…
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SocGen and AllianceBernstein agree equities tie-up
French bank Societe Generale has signed a joint venture with US investor AllianceBernstein to bolster its equity research, trading and…
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7 Wash Sale Facts To Know Before Selling Stock For Tax Loss Harvesting
Watch out for wash sales of stock, which can mess up your tax planning. getty Are you bullish about the…
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Starbucks Union Efforts Get Frothy With Strike
Getty Images Key takeaways Workers at over 100 Starbucks locations went on strike Thursday in the next stage of the…
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Stock And Bond Investors: Markets Headed To Shakeouts – Raise Cash
Traders at work as stock market drops at New York Stock Exchange (Photo by Drew Angerer/Getty … [+] Images) Getty…
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Tesla stock at two-year low, other EV-maker shares plunge as concerns simmer about China, oil futures
Tesla Inc. shares on Monday were poised to end at a fresh two-year low, with shares of other electric-vehicle makers…
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Morgan Stanley plans to reduce one gigaton in carbon-dioxide emissions by 2050
Morgan Stanley has formed a new growth-capital strategy that aims to invest $1bn to back companies that will seek to…
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Rothschild & Co hires ex-Rio Tinto chair Simon Thompson for UK advisory business
Rothschild & Co has taken on the former chair of mining giant, Rio Tinto, to help bolster its coverage of…
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Contagion fears emerge at crypto bank Silvergate Capital after FTX debacle
Earlier this month, Silvergate Capital gathered its staff to celebrate its transformation into the go-to bank for the crypto market.…
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FTX’s 50 largest creditors owed $3.1bn
FTX owes its 50 largest creditors about $3.1bn, the failed cryptocurrency exchange said in a bankruptcy court filing on 19…
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COP27 wins and losses: U.S. on the hook to pay for its pollution; natural gas gets nod as transition fuel
For the first time ever, rich nations, including a top-polluting U.S., will pay for the climate-change damage inflicted upon poorer…
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Wave Financial, Binance make fresh plays for Voyager Digital after FTX’s $1.4bn takeover collapses
Wave Financial and Binance are the latest firms to line up fresh bids for collapsed crypto exchange Voyager Digital, after…
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Autumn Statement: Rachel Reeves slams government for protecting banker and private equity bonuses
Shadow chancellor Rachel Reeves has hit out at chancellor Jeremy Hunt for protecting the bonuses of bankers and private equity…
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Trading Places: Evercore and BNP bulk up, Rokos bags ex-Brevan Howard manager
Evercore hired Richard Hoyle from Lazard, where he headed the independent investment bank’s UK technology, media and telecoms business. He joins as…
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Why PE’s investor appetite is waning
Investor appetite for private equity is coming under strain. The latest Rede Liquidity Index score – a closely followed industry benchmark…
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Asset managers urged to tap retail, private markets amid expectations of global growth slowdown for years
Growth across the global asset management industry is forecast to slow significantly over the next decade, with fund houses advised…
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Why the Bank of England is struggling to calm markets
A crisis in UK government debt markets accelerated after a fresh attempt by the Bank of England to extend support…
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FTX staff vent their anger as collapse leaves them in shock
One FTX executive vomited when he learned that the crypto exchange was missing billions of dollars of customer money. A company lawyer…
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Bank of England boosts bond purchases programme amid ‘fire sale’ risk
The Bank of England added inflation-linked government bonds to its programme of bond purchases after a fresh attempt to extend…
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Fund managers yank Ethereum holdings over regulatory jitters
Fund managers have been dumping digital currency ether from their holdings amid worries that heightened regulatory scrutiny may blunt the digital currency’s expansion.…
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Germany leapfrogs UK to become Europe’s most shorted market as recession fears surge
Germany just leapfrogged the UK to become the most shorted market in Europe as economic worries grip the continent. The German market…
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The Fintech Files: Crypto funds dumped Ethereum after the Merge – here’s why
The Ethereum Merge might be complete, but it’s not caused investors to pile into the asset as much as some…
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Why BNY Mellon is piling into crypto
Bank of New York Mellon is now open for crypto business. The nation’s oldest bank said on 11 October it…
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5 Jobs That Could Be Taken By Artificial Intelligence In The Next 10 Years
(Photo by Oli Scarff/Getty Images) Getty Images Key takeaways AI has well and truly hit the mainstream, with startups touting…
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FTX, GameStop, And The Young Investor
Crypto currencies and meme stocks have something in common: young investors. SOPA Images/LightRocket via Getty Images Recently, I watched a…
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Credit Suisse hands out $300m in retention bonuses to keep dealmakers
Credit Suisse handed out nearly $300m in retention bonuses to dealmakers during the third quarter of 2022 — more than…
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Credit Suisse plans to cut 450 frontline jobs at its European investment bank
Credit Suisse’s European operations are set to bear the brunt of front-office job cuts as the Swiss bank prepares to cut around…
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FTX liquidity crisis forces crypto hedge funds into rethink
Crypto hedge funds are changing how they work with exchanges around settlement and asset safeguarding, after a liquidity crunch pushed FTX to the…
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Goldman Sachs names 80 partners – here are the names
Goldman Sachs has promoted 80 to partner, a coveted senior role at the US banking giant that comes with a…
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Ninety One sustainability boss: Divesting from oil and coal doesn’t work
Divesting from heavy polluting companies may look good on paper and appease ESG-diehards, but has minimal impact on reducing emissions and…
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Nancy Pelosi steps down as leader of House Democrats after two decades
Speaker Nancy Pelosi on Thursday said she will no longer serve as the top Democrat in the U.S. House of…
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