Banks Face Record Number of UK Lawsuits as Economy Stumbles July 8, 2024 By Upmanyu Trivedi Banks in the UK are embroiled in the highest number of lawsuits in a decade in a trend that shows...
Catastrophe Bonds Dodge Losses After Beryl Hits Jamaica July 8, 2024 By Gautam Naik Investors in bonds intended to help Jamaica cover the costs of a natural catastrophe won’t be affected by the havoc...
Corporate France Braces for New Era of Political Turmoil July 8, 2024 By Leigh Thomas and Helen Reid France’s business elite is anxious about volatile politics, inexperienced policymakers, street protests and a possible wave of bankruptcies in the...
Investors Put UK Election Winner Labour on Credibility Watch July 8, 2024 By Naomi Rovnick Big investors are warming to Britain after a landslide election win for its new Labour government but remain wary of...
Insurers Fret Over Risk of Militant Attacks, AI Hacks at Paris Olympics July 5, 2024 By Carolyn Cohn and Noor Zainab Hussain Insurers are nervous that militant attacks or AI-generated fake images could derail the Paris Olympics, risking event cancellations and millions...
Labour Win Brings Few Hopes or Fears to London’s Financial District July 5, 2024 By Sinead Cruise and Huw Jones Labour’s landslide election win shows few signs of unsettling London’s financial heartland after the party’s lengthy pro-business overtures, though many...
Houthi Threat Triggers Surge in Pirate Attacks Off Somalia Coast July 5, 2024 By Simon Marks Attacks by Iran-backed Houthi militants on the Red Sea have reinvigorated piracy networks in Somalia, with criminal groups growing in...
Abandoned Tanker Lavant Has Likely Sunk Off Yemen, Sources Say July 5, 2024 An abandoned tanker that was drifting off Yemen’s coast in June has disappeared and is believed to have sunk, three...
Switzerland, EU Restart Financial Market Talks After Long Hiatus July 5, 2024 Switzerland and the European Union resumed talks on financial market regulation on Thursday after dialog was suspended in 2017, the...
Banks to Publish Crypto Asset Exposure From 2026, Global Regulators Say July 5, 2024 By Huw Jones Global banking regulators have approved templates for banks to disclose their exposure to crypto assets from January 2026, they said...