Finance News: Markets, Economy & Global Finance

Empty financial district in a Gulf city at dusk with darkened skyscrapers and no pedestrians

How War Ground the Gulf Deal Machine to a Halt

For much of 2023, the Gulf region looked like an oasis of financial ambition. Investment bankers, lawyers, and advisors were working at...

Bank executives in a meeting room discussing climate risk disclosure documents

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HSBC Calls UK Bank Meeting to Tackle Climate Risk Disclosure Challenges

HSBC has convened a meeting of major UK banks to address growing demands from regulators and central banks for more transparent climate...

Aerial view of Gulf financial district with halted construction at dusk, symbolizing economic slowdown

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Gulf Dealmaking Engine Loses Steam as War Disrupts Momentum

Bankers in the Gulf region entered 2022 with expectations of a bumper year for mergers and acquisitions, fueled by high oil prices...

Solemn businessman in boardroom under scrutiny over MFS collapse lawsuit

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MFS Owner Accused of Misappropriating £1.3 Billion in Collapse, Administrators Allege

Administrators of the collapsed mortgage firm MFS have filed a lawsuit accusing the company’s owner of misappropriating at least £1.3 billion to...

Historic English manor representing the Schroder family's wealth and the £10bn sale

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Inside the £10bn Schroder Family Sale: What It Means for Wealth Management

The financial world is closely watching the unfolding details of the £10bn Schroder family sale, a transaction that represents one of the...

Vienna's Alterlaa social housing complex with pool and green areas on a sunny day

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What UK Labour can learn from Vienna’s Alterlaa: affordable rents, pools, and a five-year waitlist

Vienna’s Alterlaa social housing development has become a global benchmark for affordable living, offering residents not just low rents but also access...

European Central Bank building in Frankfurt with bank facades representing UniCredit and Commerzbank in foreground

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ECB Official De Guindos Rebukes Berlin Over UniCredit-Commerzbank Opposition

The European Central Bank’s outgoing Vice-President, Luis de Guindos, has publicly criticized the German government’s resistance to UniCredit’s takeover bid for Commerzbank,...

UK and Australian officials in a meeting discussing pension fund investments in London office

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UK Government Unit Targets £99bn from Australian Pension Funds in Economic Drive

The UK government has launched a targeted initiative to attract £99 billion in investments from Australian pension funds, marking one of the...

Elegant brownstone townhouse on a tree-lined street in a wealthy New York City neighborhood.

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New York’s Elite Push Back Against ‘Shameful’ Second-Home Tax Proposal

A proposed tax on second homes in New York City is facing fierce opposition from some of the city’s wealthiest residents, who...

Retail investor at home desk looking at financial charts on laptop with concerned expression

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Retail Investors Retreat From Private Equity as Software and AI Jitters Spread

A growing unease among retail investors is cooling demand for private equity, particularly for evergreen vehicles that have long been marketed as...

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