UBS has suspended withdrawals from a €400mn European real estate fund for up to three years, in a dramatic move that underscores growing investor anxiety over global economic instability linked to escalating
PwC has been fined a combined HK$1.3bn ($166mn) and banned from taking on new clients in Hong Kong for six months after regulators found serious failures in its audits of Evergrande. The
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BP has suffered a significant shareholder rebellion after investors rejected key proposals to scale back climate reporting requirements and introduce fully virtual annual general meetings, marking an early challenge for its new
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Man Group, the world’s largest publicly listed hedge fund business, has been hit by a massive $6.1 billion withdrawal from a single institutional client, sending its shares sharply lower and raising fresh
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Tesla has reported weaker-than-expected first-quarter earnings, underscoring growing pressure on its core electric vehicle business as global competition intensifies and Elon Musk doubles down on ambitious bets in artificial intelligence and autonomous
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Goldman Sachs has appointed longtime executive Akila Raman as the global head of its private and alternatives capital markets business, according to an internal memo seen on Wednesday. The move underscores the
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Microsoft said on Wednesday it plans to integrate advanced artificial intelligence models, including Anthropic’s Claude Mythos Preview, into its Security Development Lifecycle (SDL), marking a significant expansion of its cybersecurity strategy. The
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Federal Reserve chief nominee Kevin Warsh has called for what he described as “regime change” at the US central bank, proposing a major overhaul of its inflation strategy, policy framework, and public
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The newly appointed Governor of the Bank of Korea, Hyun Song Shin, used his inaugural address in Seoul on April 21, 2026, to deliver a stark assessment of the global and domestic
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JPMorgan Chase has announced a significant expansion of its sweeping $1.5 trillion Security and Resiliency Initiative (SRI), extending the program beyond the United States into Europe in what the bank describes as
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In late October 2008, as global markets reeled from a historic financial collapse, a nine-page document quietly began circulating online. Titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” it outlined a radical vision:
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