Latest in HSBC to exit parts of investment banking business in UK, US and Europe
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Ørsted announces further writedown on its US offshore wind business
Danish developer blames interest rates, supply chains and ‘market uncertainties’ for the latest impairmentFinancial Times - Jan. 20 -
Why Europe will struggle to buy more US gas
Donald Trump has threatened EU with tariffs unless bloc steps up LNG importsFinancial Times - Jan. 20 -
UK ministers seek compromises on workers’ rights bill amid business concerns
Government to put forward amendments to employment legislation but remains intent on delivering broad planFinancial Times - Jan. 19 -
Has business activity picked up in Europe?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 19 -
Santander considers UK exit amid frustrations with high street banking
Spanish group reviewing its presence in the country as returns lag other marketsFinancial Times - Jan. 18 -
Biggest US banks notch up $142bn in profits in blockbuster 2024
Robust performance in trading and dealmaking and strong economy fuel big year for lending giantsFinancial Times - Jan. 17 -
UK companies outpace US businesses in share buybacks
FTSE groups adopt practice that has drawn criticism from lawmakers but research suggests it could lift long-term share priceFinancial Times - Jan. 17 -
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
Carney is now running for the Liberal Party leadership in Canada. What does his time in London tell us?BBC News - Jan. 17 -
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 votesFinancial Times - Jan. 16 -
Starmer says UK will play ‘full part’ in guaranteeing Ukrainian security
British prime minister leaves door open for British troop presence in UkraineFinancial Times - Jan. 16 -
Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
US earnings latest: JPMorgan and BNY set to close at peaks as banks rally
Shares rise in morning trading as Wall Street banks report bumper earningsFinancial Times - Jan. 15 -
Axos Financial: how the US bank became one of Trump’s biggest backers
The online lender has thrived as it helped extend $400m in loans with its biggest individual investor, Don Hankey. As the dust started to settle after the deadly 6 January Capitol attack in 2021, ...The Guardian - Jan. 13 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
UK companies plan to invest in AI instead of hiring staff as costs rise
A new poll says 51 per cent of business leaders aim to redirect investment this yearFinancial Times - Jan. 13 -
US and UK toughens sanctions on Russian oil industry
The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.BBC News - Jan. 11 -
UK businesses back scheme to prevent repeat offending
Prisons minister James Timpson’s initiative will see people on probation and serving sentences outside jail helped into workFinancial Times - Jan. 10 -
How business is bracing for a US-China trade war
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...The Hill - Jan. 9 -
Mexico’s president calls for parts of US to be renamed ‘Mexican America’
Donald Trump’s vow to rename Gulf of Mexico the ‘Gulf of America’ is latest dig to neighbouring countriesFinancial Times - Jan. 8 -
Pentagon blacklisting of China’s EV battery maker puts US banks in bind
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groupsFinancial Times - Jan. 8 -
Surgeon general offers 'parting prescription' for US
Outgoing U.S. Surgeon General Vivek Murthy offered a “parting prescription” to the U.S. in a document released Tuesday. “As I finish my tenure as Surgeon General, this is my parting prescription, ...The Hill - Jan. 7 -
Emirati billionaire investing $20B in US to build data centers
President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data centers across the ...The Hill - Jan. 7 -
Bangladesh requests UK minister’s bank account details in corruption probe
UK City minister Tulip Siddiq under scrutiny for links to ousted regime of her aunt Sheikh HasinaFinancial Times - Jan. 7 -
Deutsche Bank says it’s now overweight Europe stocks vs. the U.S. Valuation is just one reason.
There’s never been a bigger valuation gap between European and U.S. stocks, and that’s not the only reason why Deutsche Bank now says it prefers equities on the Continent on a tactical basis.MarketWatch - Jan. 7 -
Rain and snow lead to flooding and disrupt travel in parts of the UK
People have been rescued from flooded homes and stranded cars as a soggy and cold spell continued to disrupt life across parts of the U.K. as more wintry weather was expectedABC News - Jan. 6 -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - Jan. 5 -
Europe is not a business backwater
Comparisons with the US stock market undersell the continent’s companies and their potentialFinancial Times - Jan. 5 -
Watch: Snowy Sunday in parts of the UK
Many people in the north of England and Wales woke up to wintery scenes.BBC News - Jan. 5 -
The UK does have a special relationship – but it’s with Europe | William Keegan
The government is only deceiving itself by trying to ‘make Brexit work’ and forlornly pursuing a trade deal with Trump. Walter Scott knew a thing or two: “Oh what a tangled web we weave/When first ...The Guardian - Jan. 5 -
Parts of UK disrupted as snow and freezing rain arrive – live
Police report road collisions and warn motorists only to travel if necessary while power cuts affect parts of England and Wales. National Highways warned a “spell of disruptive snow” would spread ...The Guardian - Jan. 4 -
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Blinken heads to Asia, Europe on last expected trip as top US diplomat
Secretary of State Antony Blinken will embark on what is expected to be his final overseas trip in office this weekend, traveling to South Korea, Japan and FranceABC News - Jan. 3 -
Labor groups cheer Biden dismissal of US Steel sale as businesses bristle
Labor groups applauded as businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over ...The Hill - Jan. 3 -
UK businesses issued with record fines for filing accounts late
Companies continue to struggle with rising costs and higher interest rates in the aftermath of the pandemicFinancial Times - Jan. 3 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Job losses at Europe’s car parts suppliers soar as vehicle market slows
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easingFinancial Times - Jan. 2
