Swiss private bank Julius Baer committed serious violations of supervisory requirements covering risk management and anti-money-laundering controls, Switzerland’s financial regulator FINMA said on Tuesday after concluding an investigation into the bank. The
Jane Street is set to double its London office space after outgrowing its existing premises near Liverpool Street during a period of rapid growth for the specialist trading firm. The company has agreed to take 465,000 sq ft at One
HSBC has moved a board meeting scheduled for Dubai this month to London amid continuing security concerns linked to the conflict involving Iran, according
An International Monetary Fund (IMF) staff team has concluded discussions with Sri Lankan authorities on the country’s seventh review under its Extended Fund Facility
Swiss private bank Julius Baer committed serious violations of supervisory requirements covering risk management and anti-money-laundering controls, Switzerland’s financial regulator FINMA said on Tuesday after concluding an investigation into the bank. The
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Jane Street is set to double its London office space after outgrowing its existing premises near Liverpool Street during a period of rapid growth for the specialist trading firm. The company has
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HSBC has moved a board meeting scheduled for Dubai this month to London amid continuing security concerns linked to the conflict involving Iran, according to people familiar with the decision. Board members
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An International Monetary Fund (IMF) staff team has concluded discussions with Sri Lankan authorities on the country’s seventh review under its Extended Fund Facility (EFF) arrangement and the 2026 Article IV Consultation,
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China is promoting long-term, value-focused investing as it seeks to reshape its roughly US$4.5 trillion mutual fund industry and attract foreign investors, with the approach gaining renewed attention following Warren Buffett’s departure
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China reduced its holdings of US Treasuries to an 18-year low in July, highlighting a broader retreat by foreign holders of American government debt as concerns over the sustainability of Washington’s finances
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Hackers claiming responsibility for a data breach at Revolut have threatened to sell confidential records belonging to hundreds of customers to other criminal groups unless the British online bank pays a ransom
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South Korea is extending trading hours on its main stock exchange, breaking with established norms across major Asian markets as it seeks to attract sustained participation from global investors and move towards
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JPMorgan Chase has sharply reduced the financing it provides to Jane Street, according to reporting by the Financial Times, as the secretive trading firm’s rapid expansion into the bond market brings it
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China’s technological competition with the United States is increasingly becoming a contest over something less visible than advanced chips, artificial intelligence or industrial software: who can finance innovation for long enough, and
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Indonesia is placing more than US$70 billion of annual commodity exports under closer government scrutiny as Danantara Sumberdaya Indonesia (DSI) prepares to launch its export monitoring platform on Tuesday, Sep 1. The
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UBS has won a significant boost in its battle with the Swiss government after influential lawmakers backed a proposal to substantially reduce the bank’s proposed new capital requirements. Under the compromise plan,
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India has moved a step closer to introducing low-denomination polymer banknotes after Indian and foreign companies submitted bids to supply polymer substrate sheets containing built-in security features. The bids were submitted in
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The sharp rise in government bond yields is increasing debt-servicing costs across the Group of Seven, adding pressure to public finances already strained by historically high levels of borrowing. The United States
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European central bankers left their annual meeting with US counterparts in Jackson Hole, Wyoming, far from reassured about the future of long-standing norms in global financial cooperation, according to sources familiar with
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