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Money › Finance

Georges Elhedery: HSBC’s heir apparent

Financial Times | Nov 5, 2022 at 5:00 AM

…step up from his previous role as co-head of the investment bank and a clear signal he was ahead in the race for the…

Shock turns to anger over India bridge collapse

Financial Times | Nov 5, 2022 at 2:00 AM

…find the culprits. But the inquiry will reveal nothing,” said Himanshu Rasikbhai, a bank er, as he watched search boats looking for bodies on the river….

Dark clouds overshadow opening of COP27 climate summit in Egypt

Financial Times | Nov 5, 2022 at 1:01 AM

…Countries must work out how to make good on existing pledges, including a promise by rich nations to deliver $100bn in climate finance annually by 2020 to developing countries….

Asian battery makers jeopardise raw materials access by delaying deals

Financial Times | Nov 5, 2022 at 1:01 AM

…their own battery and battery materials plants,” the official added. An Australian bank er who specialises in mining deals said Korean companies and lenders were being…

England’s rivers pay the price for hollowed-out Environment Agency

Financial Times | Nov 5, 2022 at 12:00 AM

…breach in March 2020 after a contractor excavated gravel from the river bank during the “closed” fishing season, despite explicitly being told it was forbidden…

MoviePass’ ‘unlimited’ ticket scheme was a fraud, US prosecutors allege

Financial Times | Nov 4, 2022 at 10:51 PM

…Matheson’s share price, prosecutors alleged, by making false claims about the technology behind the service which they said would yield valuable information on consumer…

Fed warns sharply higher interest rates could spark financial distress

Financial Times | Nov 4, 2022 at 10:16 PM

…corporate sector had quickened. However, the Fed noted leverage within the US bank ing system remained relatively low and large bank s were well capitalised to absorb…

How Elon Musk’s ‘war room’ of advisers transformed Twitter

Financial Times | Nov 4, 2022 at 10:00 PM

…Antonio Gracias, a former Tesla director who founded private equity group Valor Equity Partners, is also advising him on finance matters, along with Jared Birchall, who runs Musk’s family office….

‘Better, but not good’: investors cautious on sterling after rebound

Financial Times | Nov 4, 2022 at 10:00 PM

…Sterling is no longer in crisis, but currency traders are reluctant to position for a prolonged rebound as the Bank of England’s commitment to…

BaFin threatens Deutsche Bank with fines as deadlines to fix controls approach

Financial Times | Nov 4, 2022 at 9:24 PM

…Germany’s financial watchdog BaFin has threatened to fine Deutsche Bank if it misses crucial deadlines for fixing its money-laundering controls — the latest escalation…

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