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Money › Finance

West accuses Russia of dangling ‘dirty bomb’ accusations as pretext for escalation

Euractiv | Oct 25, 2022 at 8:32 AM

Rebuffed by Western countries, Russia doubled down on its claim that Kyiv is preparing to use a “dirty bomb” in Ukraine and said it would bring the issue to the UN Security Council on Tuesday (25 October).

UBS profits slide as rich clients turn cautious on turbulent markets

Financial Times | Oct 25, 2022 at 8:17 AM

…its target range of 70-73 per cent. The five biggest US bank s reported $32bn of investment bank ing revenues for the third quarter this month…

China bulls hammered by stock rout as Xi consolidates power

Financial Times | Oct 25, 2022 at 7:51 AM

…margin to invest in a stock portfolio which also includes stakes in Bank of America, Wells Fargo and South Korean steelmaker Posco, according to public…

HSBC beats profit expectations on back of global rate increases

Financial Times | Oct 25, 2022 at 7:27 AM

…its leadership with the appointment of a new chief financial officer. The bank on Tuesday reported adjusted pre-tax profit of $6.5bn for the…

Pension lawyers rewrite contracts to prevent another sell-off of gilts

Financial Times | Oct 25, 2022 at 6:00 AM

…certainly help dampen the impact of future cash calls on schemes.” The Bank of England this month temporarily expanded a scheme that allows banks to…

Royal Bank of Canada plans UK commercial banking push

Financial Times | Oct 25, 2022 at 6:00 AM

…banking capability,” McKay said. “That’s really the core of City National bank , a strong commercial private bank . We would like to replicate that model…

Should I be worried about my pension?

Financial Times | Oct 25, 2022 at 6:00 AM

…not just Big Zuu, though. The last few weeks have seen the Bank of England ride to the rescue of pension funds. And Liz Truss…

UOB Asset Management launches Singapore-China feeder ETF

Financial Times | Oct 25, 2022 at 6:00 AM

…Around 40 per cent of its holdings will be in industrials, 22 per cent in healthcare, 14 per cent in information technology and 8 per cent in finance, according to a company statement….

Silicon Valley rethinks the corporate conference for the post- pandemic age

Financial Times | Oct 25, 2022 at 6:00 AM

…But a kinder interpretation might be that it offered a compelling pitch for what a conference must look like post- pandemic , as businesses question the expense of sending people to events when a livestream…

Turkey ’s finance minister defends economic ties with Russia

Financial Times | Oct 25, 2022 at 6:00 AM

… Turkey ’s finance minister has defended Ankara’s economic ties with Russia as “good neighbourly relations” even as western governments raise concerns that the country…

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