03/28/2022
Mistakes in structured products cost Barclays more than half a billion dollars
As a result of the loss, Barclays will delay its proposed £1 billion share buyback program and is not expected to start until the second quarter.
Comment, Analysis & Research
03/25/2022
Russia's cost of living soars by more than 14%
The benchmark Moex index closed 4.4% higher after surging over 10% in Moscow.
03/25/2022
Final whistle for Chelsea bidders as bankers kick out string of offers
A number of bidders for the Blues were informed on Thursday that they would not make it to a final shortlist to take over from Roman Abramovich at Stamford Bridge, Sky News learns.
03/25/2022
Russian Tycoons Add $3 Billion to Wealth as Trading Resumes
At one point during the day, they were up more than $10 billion.
03/24/2022
RCB to close its banking operations in shift towards asset management
Shortly after RCB’s announcement the European Central Bank (ECB) issued a release fully endorsing the decision “to voluntarily phase out its banking operations” and offering assurances to depositors.
03/23/2022
Gold on the rise amid geopolitical tension
Gold prices rose aggressively after the conflict between Russia and Ukraine broke out on 24 February.
03/23/2022
Heightened Risks Undermine “Buy the Dip”
The “buy the dip” mentality appears to be ignoring the fundamental changes under way around the world.
03/23/2022
Mirova CEO challenges fund industry bodies for weak response on Ukraine
Philippe Zaouati says the investment community has more freedom to make decisions than banking, and industry bodies have been slow to give guidance.
03/23/2022
Wealth Management: Shifting from product-centric to customer-centric
ESG is increasingly a key expectation across all client.
03/23/2022
Sunak looks to ease pressure on squeezed UK consumers
A cut in fuel duty will be welcome to UK households, but only partly offsets the pressures from inflation and tax increases.
03/23/2022
Spring Statement 2022: Rishi Sunak’s New Tax Plan and What it Means for UK Businesses
This will align the new levy with the income tax personal allowance so that anyone with earnings of less than that amount should not pay any tax at all.
03/22/2022
What’s up with inflation and are we entering a new fixed income mini cycle
As you know, we thought inflation was more permanent than transitory last year. The market moved quickly to take that on board.
03/22/2022
Adapting to the risk of stagflation shock
The whirlwind of excess fiscal stimulus, the demand shock and surging inflation have been fuelling the persistent inflation narrative.
03/22/2022
Fancy a 46-ton Russian tank? Ukrainian farmers are auctioning confiscated battle tanks via NFT to raise money to rebuild their nation.
A minimum bid of 250 Ethereum has been set for the auction, which roughly equals $700000 according to current conversion rates.
03/22/2022
Regulation fatigue and inflation top worry list for asset management CEOs
BNY Mellon’s Hanneke Smits, Feri’s CEO Marcel Renné, and ALFI’s deputy director Marc-André Bechet outlined the biggest challenges investors face in 2022
03/21/2022
Signal Failure by Tim Price
The word “propaganda” used to have a comparatively innocent meaning. It was how the Church sought a way of propagating the faith. Then came the ‘Great War’..
03/21/2022
Average house price in Great Britain exceeds £350,000 for first time
Asking prices up 1.7% in March, biggest monthly rise for this time of year in 18 years, according to Rightmove
03/21/2022
Deutsche Bank CEO warns of economic fallout from war
They do enormous harm to the Russian economy.
03/21/2022
ECB will react to second-round inflation effects - Handelsblatt
"But according to our observations, those facing these margin calls have so far been able to meet them," he said.
03/21/2022
Heightened Risks Undermine 'Buy the Dip' by Gary Dugan
The central banks are justified in their worries about inflation.