BlackRock to order senior managers back to office five days a week – reports https://www.theguardian.com/business/2025/may/08/blackrock-to-order-senior-managers-back-to-office-five-days-a-week #Workingfromhome #Financialsector #Investing #Worldnews #Business #USnews #UKnews
‘Outdated and unjust’: can we reform global capitalism? https://www.theguardian.com/us-news/2025/may/08/can-we-reform-global-capitalism-trump-tariffs #InternationalMonetaryFund(IMF) #Financialcrisis #Financialsector #MarkZuckerberg #Globaleconomy #Globalisation #Trumptariffs #DonaldTrump #GordonBrown #Technology #JeffBezos #XiJinping #Worldnews #Economics #Business #ElonMusk #JoeBiden #Tariffs #Banking #USnews
“If you fast-forward 10 or 15 years, there are going to be regions of the country where you can’t get a mortgage, there won’t be ATMs, the banks won’t have branches,” Powell acknowledged. However, he said, this would primarily threaten consumer access to financial services, rather than financial system stability.
Seems like a strong proof that financial services exist in a separate universe…
#climatechange #financialsector
https://www.ft.com/content/518af744-e66c-48d1-bcc3-4b041fa7c98b
A senior Goldman Sachs' banker, Richard Gnodde, is moving to Milan because he doesn't like the changes in the tax treatment of non doms...
Well, frankly one less rentier trying to skew the politics of the country in the interest of the financial services industry & their rich clients, sounds like a small bit of positive news to me!
May more bankers who think tax is merely for the 'small people' leave in his wake - good riddance to them!
h/t FT
Bank of England says AI software could create market crisis for profit https://www.theguardian.com/business/2025/apr/09/bank-of-england-says-ai-software-could-create-market-crisis-profit #Artificialintelligence(AI) #Financialpolicycommittee #Financialsector #BankofEngland #Stockmarkets #Technology #Computing #Business #Banking #UKnews
Revealed: the scammers who conned savers out of $35m using fake celebrity ads https://www.theguardian.com/money/2025/mar/05/revealed-the-scammers-who-conned-savers-out-of-35m-using-fake-celebrity-ads #Artificialintelligence(AI) #Consumeraffairs #Financialsector #Investments #Technology #Worldnews #Business #Deepfake #Facebook #Banking #Google #UKnews #Canada #Europe #Scams #Money #Meta
Goldman Sachs and Deloitte are latest to scrap diversity initiatives https://www.theguardian.com/business/2025/feb/11/deloitte-staff-us-government-contracts-pronouns-emails-trump-anti-diversity #Trumpadministration #Financialsector #GoldmanSachs #Accountancy #USpolitics #Inequality #Worldnews #Deloitte #Business #USnews
Bernie Madoff compensation fund makes final payments https://www.theguardian.com/business/2024/dec/31/bernie-madoff-compensation-fund-makes-final-payments #Financialsector #BernardMadoff #Worldnews #Business #UScrime #USnews
Climate breakdown will hit global growth by a third, say central banks https://www.theguardian.com/business/2024/nov/08/climate-breakdown-will-hit-global-growth-by-a-third-say-central-banks #USeconomicgrowthandrecession #Economicgrowth(GDP) #Financialsector #Globaleconomy #Climatecrisis #Environment #Economics #Worldnews #Business
Climate breakdown will hit global growth by a third, say central banks https://www.theguardian.com/business/2024/nov/08/climate-breakdown-will-hit-global-growth-by-a-third-say-central-banks #USeconomicgrowthandrecession #Economicgrowth(GDP) #Financialsector #Globaleconomy #Climatecrisis #Environment #Economics #Worldnews #Business
"In just one year, 18 Bay Street firms pumped $1.4 trillion into coal, oil and gas exacerbating the climate crisis. In fact, if Bay Street were a country it would be the fifth largest polluter in the world."https://www.nationalobserver.com/2024/10/08/news/bay-street-fifth-biggest-climate-polluter-world
Murdoch-backed REA abandons attempt to take over Rightmove https://www.theguardian.com/business/2024/sep/30/rightmove-rejects-62bn-takeover-offer-by-murdoch-backed-real-estate-firm #Mergersandacquisitions #NewsCorporation #Financialsector #RupertMurdoch #Housingmarket #Australianews #Mediabusiness #Realestate #Rightmove #Business #Business #UKnews #Media
Labour urged to place trade union members on wealth fund board https://www.theguardian.com/business/article/2024/sep/02/trade-union-members-wealth-fund-board-labour #Governmentborrowing #Industrialpolicy #Financialsector #Infrastructure #Taxandspending #Publicfinance #Budgetdeficit #Greeneconomy #Tradeunions #Environment #Investing #Economics #Politics #Business #Labour #UKnews #Bonds
Investors push Glencore to scrap spin-off of heavily polluting coal division https://www.theguardian.com/business/article/2024/aug/07/glencore-keeps-coal-polluting-division #Greenhousegasemissions #Corporategovernance #Financialsector #Energyindustry #Climatecrisis #Fossilfuels #Environment #Commodities #Glencore #Business #Energy #UKnews #Coal
Labour landslide may boost investment and confidence in UK, say City analysts https://www.theguardian.com/business/article/2024/jul/03/labour-landslide-may-boost-investment-and-confidence-in-uk-say-city-analysts #Generalelection2024 #Governmentborrowing #Economicgrowth(GDP) #Internationaltrade #Economicrecovery #Financialsector #Economicpolicy #Globaleconomy #RachelReeves #KeirStarmer #Currencies #RishiSunak #Investing #Economics #Business #Politics #Labour #UKnews #Bonds
Banks have given almost $7tn to fossil fuel firms since Paris deal, report reveals https://www.theguardian.com/environment/article/2024/may/13/banks-almost-7tn-fossil-fuel-firms-paris-deal-report #Greenhousegasemissions #Financialsector #BancoSantander #Climatecrisis #BankofAmerica #DeutscheBank #Fossilfuels #Environment #Worldnews #Barclays #JPMorgan #Banking #Energy
Nature destruction will cause bigger economic slump in UK than 2008 crisis, experts warn https://www.theguardian.com/environment/2024/apr/25/nature-destruction-will-cause-bigger-economic-slump-in-uk-than-2008-crisis-experts-warn #Economicgrowth(GDP) #Financialcrisis #Financialsector #Climatefinance #Extremeweather #NaturalEngland #Climatecrisis #Waterindustry #Conservation #Biodiversity #Greeneconomy #Environment #Pollution #Economics #Business #Wildlife #UKnews #Water #Soil
MPs call for crackdown on #NDAs after #bullying inquiry in #UK financial sector
Recommendation to ban #NonDisclosureAgreements comes as report uncovers ‘shocking’ prevalence of #SexualHarassment
https://www.theguardian.com/business/2024/mar/08/mps-nda-inquiry-bullying-harassment-uk-financial-sector-non-disclosure-agreements
Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company
https://news.bitcoin.com/bank-of-england-shuts-down-silicon-valley-banks-uk-branch-after-us-regulators-close-parent-company/
#CaliforniaDepartmentofFinancialProtectionandInnovation #bankinsolvencyprocedure #VentureCapitalFunds #hargreaveslansdown #SiliconValleyBank #SusannahStreeter #BankingIndustry #financialsector #financialsystem #MonetaryPolicy #bankcustomers #BankofEngland #Insolvency
The Quick and the Dead: building up #cyber #resilience in the #FinancialSector. Introductory remarks by Fabio Panetta, Member of the Executive Board of the ECB, at the meeting of the #Euro #Cybe Resilience Board for pan-European #FinancialInfrastructures https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230308~92211cd1f5.en.html
Matthias Wiesmann 
