Bloomberg
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Commodities Corner: Copper pounding
Copper took centre stage among commodities last week with a sharp fall which capped off a miserable three months. From…
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Volpara Health (ASX:VHT) signs contract with Radnet Management
Volpara Health Technologies (ASX:VHT) has signed a 42-month contract with Radnet Management, with a mutual option to extend. Volapara, which…
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Home Consortium (ASX:HMC) launches HMC Capital Partners Fund I
Home Consortium’s (ASX:HMC) subsidiary HMC Investment Management has launched HMC Capital Partners Fund I, an Australian-based unlisted wholesale fund. According…
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Klarna valuation to be chopped to $6.5bn in fresh fundraise
Klarna is nearing a deal to raise new money at a valuation of around $6.5bn, according to people familiar with…
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Money laundering watchdog pushes for crypto information-sharing rules
Most countries lack “travel rule” laws that could help prevent the illicit use of cryptocurrency by criminals and terrorists, a…
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EU crypto rules to force tether, USD coin to hold more reserves in ‘Wild West’ market
A landmark agreement for Europe to regulate cryptocurrency markets across the continent is set to bring stablecoins such as tether and…
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Johnson ‘impatient’ at pace of post-Brexit Solvency II rules: report
The Bank of England and Boris Johnson are on a collision course over the future of Solvency II reforms, according…
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‘Friends today may be foes tomorrow:’ Freeland’s embrace of ‘friend-shoring’ is fraught with problems
Breadcrumb Trail Links News FP Economy Critcs say friend-shoring can easily become exclusionary and elitist and lead to protectionism Publishing…
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Revolut appoints new US chief to lead expansion
Revolut has appointed a new chief executive in the US as it looks to expand its operations across the Atlantic.…
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MPs call for tougher action on bankers, lawyers ‘enabling’ Putin
MPs have called for a tougher crackdown on City firms that support Russia’s regime amid continuing aggression against Ukraine. London’s…
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Aligning investment and values: How an Economic Value Atlas can map regional strategies
Traditional built environment and economic development practices are falling short in the face of a convergent set of environmental, economic,…
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FTX boss Sam Bankman-Fried dismisses reports of Robinhood acquisition
Sam Bankman-Fried, chief executive at crypto exchange FTX, said the company is not having any active mergers and acquisitions conversations…
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Goldman Sachs, Wells Fargo up shareholder dividends after Fed gives green light
The largest US banks said they would increase payouts to shareholders after the Federal Reserve said the banks are able…
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Jupiter CEO Andrew Formica to step down
Jupiter Fund Management has announced that Andrew Formica will step down as chief executive of the FTSE 250-listed asset manager…
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Crypto lobbyist donated £500k to Conservatives before UK’s ‘crypto hub’ move
The Conservative Party received a £500,000 donation from a British crypto investor two months before the government pledged to make…
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Treasury response to regulatory proposals for the buy now pay sector — here’s what you need to know
Simon Lovegrove, global director of financial services knowledge, innovation and product; Matthew Gregory is counsel at Norton Rose Fulbright LLP The…
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Making local economies prosperous and resilient: The case for a modern Economic Development Administration
Congress has recently shown serious interest in reauthorizing the Economic Development Administration (EDA), a Department of Commerce agency last authorized…
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SocGen accuses Clifford Chance of negligence in £384m gold bullion dispute
Societe Generale has accused Clifford Chance of negligence over its work for the bank in a dispute over £384m-worth of…
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Poll suggests Canadians’ confidence in Bank of Canada shaken by surging inflation
Breadcrumb Trail Links News FP Economy Poll finds more than 40% don’t trust bank to get job done Almost half…
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Revolut enters buy-now-pay-later fray with offering to rival Klarna
Revolut has gone toe-to-toe with Klarna and other lending giants as it rolls out its first buy-now-pay-later product across Europe.…
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Want to short bitcoin in the US? There’s now an ETF for that
Investors in the US can now cash in on tumbling bitcoin prices by betting against the embattled cryptocurrency using a new…
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Barclays hires Bank of America veteran Arif Vohra to co-head FIG in Europe
Barclays has hired a Bank of America veteran to co-head its coverage of financial institutions in Europe after a number…
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Why trading and ESG will soon be synonymous
Rebecca Healey is managing partner at Redlap Consulting, specialising in market structure, regulatory reform, and financial services technology The debate rages on:…
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What economists say about soaring inflation and the Bank of Canada
Breadcrumb Trail Links News FP Economy ‘If you aren’t over 40, you have never lived through inflation like this’ Economists…
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UK sanctions boss predicts pushback from lawyers over Russia crackdown
The man behind the UK’s sanctions regime is expecting significant legal challenges as the government’s crackdown on Russia’s war with Ukraine…
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Cost inflation inescapable as $400-million Sagard private equity fund eyes targets
Breadcrumb Trail Links News FP Investor FP Finance FP Economy ‘We’re looking for businesses that do well in tougher times’…
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Does Wall Street have a diversity problem?
With two weeks to go before the second anniversary of George Floyd’s murder, which triggered a tremendous outpouring of grief and…
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Why lawyers want to go solo: It’s ‘very difficult’ to change the culture in a law firm
Nearly 40% of lawyers want to launch their own firms, new research showed, but those who have taken the plunge…
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SFO boss Lisa Osofsky’s future in balance as report into fraud squad’s conduct nears
The director of the Serious Fraud Office Lisa Osofsky’s future is in the balance as she awaits two key reports…
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DWS chief exec says greenwashing allegations and personal attacks were a burden, ‘especially for my family’
The outgoing chief executive of DWS will tell shareholders at its upcoming annual general meeting that greenwashing allegations made against…
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Woodford fund administrator’s woes mount as law firms double up for legal action
Two law firms representing thousands of investors left trapped in Neil Woodford’s defunct flagship fund have joined forces to pursue…
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Credit Suisse seeks way out of $607m Bermuda court claim
Credit Suisse’s Bermuda life insurance unit said a loophole in Bermuda company law means it shouldn’t have to pay a…
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Dalio’s Bridgewater ups shorts against Europe stocks to €9bn as recession ‘more likely’
Ray Dalio’s Bridgewater has amped up his bet against European stocks by some 500%. Bridgewater earlier this month disclosed a range…
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Perella Weinberg hires Barclays dealmaker in private markets push
Perella Weinberg Partners has hired a senior dealmaker from Barclays as the boutique continues to expand its coverage of private…
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UK may scrap banker bonus caps in post-Brexit rules push
The UK government is looking to scrap the cap on banker bonuses, as it eyes a further break with legacy EU rules, The Independent reported. Chancellor…
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Deutsche Borse strikes crypto deal in search for ‘high-quality’ data
Deutsche Borse is partnering with digital assets data provider Kaiko to extend its data offering to the crypto space. The…
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Crypto CEOs told to display ‘a little humility’ as crash claims more than a thousand jobs
Charley Cooper, former chief operating officer at the US Commodity Futures Trading Commission, has a warning for crypto bosses as…
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TP ICAP hires ex-SocGen MD Daniel Fields as global broking head
TP ICAP has hired Daniel Fields as chief executive of the firm’s global broking division. Fields will report directly to…
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Rail strikes set to empty out London’s financial districts
London’s financial districts are set to become ghost towns again this week, as the biggest rail strike in 30 years…
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EY partners set for windfall amid breakup plans
EY’s plan to split its audit and consulting businesses would give thousands of its partners multi-million-dollar payouts and relies on…
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How Robinhood’s fairy tale started to unravel
Few companies embodied the market mania of the past two years quite like Robinhood. The flashy online brokerage ushered in an…
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Klarna cuts fundraising targets as it mulls lower valuation
Klarna Bank is considering raising fresh funds at a significantly lower valuation than it achieved a year ago, according to…
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Natixis affiliate Mirova snaps up renewable energy investor in emerging markets push
Natixis Investment Managers affiliate Mirova has bought a specialist private debt firm that finances renewable energy projects in Africa and Asia as…
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Fed promises ‘unconditional’ approach to taking down inflation in report to Congress
U.S. Federal Reserve Board Chairman Jerome Powell takes questions after the Federal Reserve raised its target interest rate by three-quarters…
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Three questions for the labor market’s near future
In the past two months, the U.S. economy has added a total of 826,000 jobs, according to the latest Bureau…
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Trading Places: AJ Bell founder steps down, crypto loses more than 1,000 jobs, Santander’s new CEO
The crypto sector was hit the hardest by the recent plunge in markets. Coinbase cut 1,000 jobs – about a fifth…
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HSBC promotes veteran dealmaker James Horsburgh to lead private capital unit
HSBC has named a senior dealmaker to lead its coverage of private capital as large investment banks look to drum up more…
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This Is Going to Hurt
“The hunger of children is not a necessary cost to pay to bring down inflation,” Ms. Ananat, of Barnard, said.…
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Elon Musk hints at layoffs in all-hands meeting with Twitter staff
Elon Musk, speaking via a smartphone that he appeared to be holding in front of him, told Twitter employees that…
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Crypto lender Celsius unlikely to get further investor funds for bail out
Investors in Celsius Network are unlikely to provide more financing to bail out the struggling cryptocurrency lender, said people with…
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