Finance News: Markets, Economy & Global Finance

Exterior of a modern corporate office building in London, representing Jusan's UK operations

UK tribunal finds Jusan, firm linked to Kazakh oligarch, liable in executive pay dispute

A London employment tribunal has ruled against Jusan, a financial services group with ties to a prominent Kazakh oligarch, finding that the...

Hargreaves Lansdown digital investment platform modernization office scene

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Hargreaves Lansdown to Cut Jobs, Invest £100mn to Modernize Platform

Hargreaves Lansdown, the UK’s largest DIY investment platform, has announced plans to cut jobs as part of a strategic overhaul aimed at...

A couple sitting on moving boxes in an empty living room, looking uncertain about their home purchase

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Regret at the Front Door: Why Some Pandemic Homebuyers Wish They Had Waited

For millions of Americans, the pandemic-era housing market was a blur of bidding wars, virtual tours, and record-low interest rates. But as...

Exterior of the PCAOB headquarters building in Washington, D.C., under overcast sky.

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US Audit Regulator Weighs Deep Staff Cuts to Unit Overseeing Accounting Firms

The Public Company Accounting Oversight Board (PCAOB) is considering significant staff reductions within the division responsible for directly overseeing accounting firms, according...

Modern Revolut building in a financial district during golden hour, symbolizing its move into private banking.

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Revolut Secures License for Private Bank, Targets High-Net-Worth Clients

Revolut, Europe’s most valuable fintech company, has taken a significant step into traditional high finance. The company has been awarded a license...

Klarna headquarters in Stockholm on a cloudy autumn day, reflecting the company's financial milestone

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Klarna Breaks Even for First Time Since New York IPO, Despite 70% Share Decline

Klarna, the Swedish buy-now-pay-later giant, has reported its first-ever breakeven quarter since its high-profile initial public offering on the New York Stock...

Exterior of Legal & General headquarters in London under overcast sky

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L&G at a Crossroads: CEO Declares ‘Our Moment’ as Private Capital Circles

Legal & General, the FTSE 100 financial services giant, finds itself at a major juncture. Chief Executive Antonio Simoes has publicly declared...

Modern high-rise office building in Hong Kong's Central financial district at dusk

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Citadel Ultimatum: Top Quantitative Researchers in Hong Kong Told to Relocate or Resign

Billionaire Ken Griffin’s hedge fund, Citadel, has delivered a stark ultimatum to key members of its quantitative research team based in Hong...

Modern glass office building in London financial district on a cloudy day representing UK financial regulation.

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UK Regulator Demands Greater Data Transparency From Private Credit Firms

The United Kingdom’s financial watchdog is intensifying its oversight of the rapidly expanding private credit market, urging firms to provide more detailed...

Manhattan US Attorney Jay Clayton speaking at a press conference about private credit regulation

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Private Credit Is Not ‘a Cancer,’ Says Wall Street’s Top Prosecutor Jay Clayton

Manhattan US Attorney Jay Clayton, widely regarded as Wall Street’s top federal prosecutor, has forcefully pushed back against growing criticism of the...

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