FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wisely ...
According to Jefferies, the euro has reached a bottom “for now” and will only go higher from here this year. “The mood on ...
The structure has failed to take off in the US, but some argue it could broaden the European active ETF market ...
Banks are trying to catch up to one of the hottest trends in consumer finance and head off competition from fintech start-ups, allowing clients to buy what they want when they want it and pay later on ...
The market had been hoping Trump was bluffing about tariffs on Mexico and Canada. It appears he was not. Yesterday, he ...
Industry figures have welcomed ambitious plans by Euronext, the stock exchange group, to consolidate the thousands of exchange traded product listings scattered across its seven bourses on to one ...
China’s electric vehicle champion BYD said on Tuesday it had raised $5.6bn in the biggest share sale in Hong Kong in four years and the largest equity follow-on offering in the global automotive ...
IP is facing similar pressures, and is also threatened by retaliatory tariffs. Meanwhile, Trump’s tariffs have caused the cost of lumber to go up, squeezing both companies’ bottom lines. Lumber ...
Citi confirmed that the error stemmed from a manual error and was unrelated to any finance-related controls or ...
Last year, Citi had a total of 10 "near misses" of $1 billion or greater, the Financial Times reported. Near misses are when ...
The financial mistake was corrected after it was caused by what a company spokesperson called an “inputting error." ...
The near-miss in Citigroup’s wealth-management business magnified the intended amount by more than a thousand times.