The Bank of England has proposed a faithful adoption of the latest global bank capital rules for the UK’s biggest lenders, disappointing banks that were hoping for concessions such as...
Klarna said it has made “huge progress” towards profitability even as losses at the once high-flying Swedish payments group ballooned in the third quarter.“Klarna has made huge progress on our...
The energy crisis triggered by Russia’s invasion of Ukraine, along with high inflation and rising interest rates, sparked concerns of an economic downturn in the eurozone this winter. But Toni...
Jeff Dewing, 58, had made a fortune and lost it by the age of 39. Starting out as a fridge and air-conditioning engineer, in 2012 he founded his second business,...
UK investment trust Chrysalis has torn up its fee structure after coming under fire last year for awarding outsized payouts to its managers just before a market rout slashed the...
The EU’s goal since the outbreak of war in Ukraine has been to rapidly reduce its reliance on Russian fossil fuels while keeping a lid on prices, but the results...
Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022.Andrew Kelly | ReutersGlobal markets have taken heart in recent weeks from...
In today’s newsletter:What Europe’s top bankers are talking aboutIt’s a difficult moment for bankers. On top of soaring inflation and tightening financial conditions, many are also confronting turmoil from within....
A top Adidas executive received a “final warning” last year over repeated “inappropriate and unacceptable” remarks about diversity at the sportswear group, according to people familiar with the matter. Chief...