HSBC’s Longshot Dream of Rivaling Wall Street Comes to an End
For years HSBC Holdings Plc harbored dreams of becoming a major player on Wall Street and in the City of London. This week, ...
Wall Street banks to sell billions in loans given to Elon Musk for purchase of X
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...
Bank of England launches tool to calm gilt market in times of distress
The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods ...
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during ...
U.K. Inflation Eases in Boost to Rate-Cut Chances
Inflation cooled slightly to 2.5% in December, adding to the likelihood the Bank of England will move to cut interest rates against a difficult economic backdrop.
Trump’s Greatest Resistance Could Come From Wall Street
In other words, Wall Street just might be one of the few institutions in America capable of constraining Trump, who has bent ...
InvestmentNews28d
Two more Wall Street banks quit climate coalition
Citigroup Inc. and Bank of America Corp. said they’re leaving a global climate-banking group, becoming the latest Wall Street lenders ... Inc. and a former Bank of England governor, and Michael ...
Bloomberg L.P.27d
Here’s (Almost) Everything Wall Street Expects in 2025
Wall Street predictions for the year ahead ... cuts than anticipated and a higher-than-expected terminal rate. The Bank of England faces similar headaches. Europe is expected to lean dovish ...
Live updates: ASX 200 falls sharply after Wall Street sinks on global economic slowdown concerns, Bank of England cuts interest rates
The Australian share market is trading sharply lower on Friday after global markets fell overnight, with growing concerns that the global economy is slowing at a faster pace than previously thought.
Wall Street surges as traders digest US and UK inflation data
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly fell to 2.5% in December. This was down from 2.6% in November, according to ...