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
PwC is embroiled in a legal clash with a consultancy founded by one of its former executives, amid allegations that staff and clients are being recruited in breach of non-compete agreements. According
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Jamie Dimon, chief executive of JPMorgan Chase, has warned that some lenders are doing “dumb things,” creating conditions reminiscent of the prelude to the 2008 financial crisis. Speaking to investors, Dimon said
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Hong Kong and the United Arab Emirates are deepening financial cooperation through regulatory alignment and a shared focus on digital assets, creating new pathways for cross-border investment flows between China and the
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HSBC has cut roughly 10 percent of its US-based debt capital markets team, laying off at least six employees in New York as the bank intensifies a sweeping global restructuring designed to
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Prime Minister Sanae Takaichi has set her sights on eliminating the 8% consumption tax on food for two years, a key pledge in the lead-up to the February 8 Lower House election.
More JPMorgan Chase plans to open more than 160 new branches across more than 30 states in 2026, part of a multibillion-dollar investment in its brick-and-mortar network. The expansion reflects a wider trend
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Volkswagen has received offers from leading private equity firms, including Blackstone, EQT, and CVC, for its Everllence division, the unit responsible for shipping engines and heat pumps. The initial offer deadline expired
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Goldman Sachs is preparing to eliminate race, gender identity, and sexual orientation from the criteria used to select members of its board of directors, marking a significant shift in governance policy that
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Lloyds Banking Group has launched an internal investigation into its use of employee banking data during recent pay negotiations, after criticism from staff representatives and questions from regulators sparked a wider debate
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HSBC and Barclays are facing a $12 billion lawsuit in the United States over their alleged roles in an offshore trust business suspected of large-scale fraud and linked to the Jeffrey Epstein
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China has urged its major banks to curb their exposure to US government debt, citing rising market volatility and increasing financial and geopolitical risks, according to people familiar with the matter. The
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Arrested once again in Venezuela under opaque circumstances, Alex Saab has returned to the center of a story that mirrors the trajectory of the Bolivarian Revolution itself: improvisation elevated to doctrine, secrecy
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As part of her 2026-27 budget speech, Finance Minister Nirmala Sitharaman announced the formation of a high-level committee to review India’s banking sector, Mint reports. The panel is expected to prioritize strategic
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by Nil In January 2026, the Bank for International Settlements published a dense but far-reaching study that cuts to the core of the modern international financial system. Titled Dollarisation waves: new evidence
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Howard and Aidan Barclay have been granted six weeks to negotiate a deal with their creditors in an effort to avoid bankruptcy proceedings initiated by HSBC over debts linked to the collapse
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