Global stocks fall for second straight week as central banks raise rates
Oil prices decline to levels seen before Russia’s invasion of Ukraine Global stocks have sold off for a second straight week, weighed down by concerns over higher interest rates and the health...
Nigerian inflation hits 17-year high
Food inflation soared to 23% in August on the back of higher cost of essentials including cereals and meat Inflation in Nigeria hit a 17-year high of 20.5 per cent in August,...
Credit Suisse banker removed from role for unauthorised messages to clients
Action taken as regulators target industry’s use of private applications to conduct business
Investors overcharged in securities lending deals, says EU watchdog
Wide divergences in fee splits between fund managers and clients criticised by Esma Big variations in the share of revenues from securities lending retained by asset managers raise questions over whether fund...
Wall Street braced for sharp Fed rate rise to fight soaring inflation
Expectations grow that US central bank will raise borrowing costs by 0.75 percentage points The Federal Reserve is on Tuesday set to begin discussing whether to increase the pace of its monetary...
Equity hedge funds suffer historic declines in first 5 months of 2022
Shifting market dynamics create ‘existential crisis’ for some stock strategies
Bitcoin tumbles after crypto lender Celsius blocks all redemptions
Binance exchange halts bitcoin redemptions for several hours as pressure mounts on market
Rate rise prospects raise concerns for debt-laden eurozone countries
Spread between German and Italian bond yields has raced higher this week
German police raid DWS and Deutsche Bank over greenwashing allegations
Asset manager accused of misleading investors about ESG factors in its financial products
EU is on the back foot in inflation fight
ECB is still printing money whereas the Fed and BoE have ceased cash creation