We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Add this topic to your myFT Digest for news straight to your inbox
Wall St is charging more for loans but setting aside money for a possible downturn
Lender is due to present plans for a radical strategic revamp and swingeing job cuts
The relentless rise of the dollar has boosted the buying power of investors with funding in the US currency
Initiative comes as footfall plateaus at less than two-thirds of pre-Covid levels
Plans to shut institutional banking services come as US lender reports 25% drop in quarterly profit
Profits fall more than 30% in third quarter as US lender braces for economic downturn
US bank has set aside $1.5bn to cover potential losses on bad loans amid concerns of economic slowdown
Fee income dries up as market conditions prompt pullback in takeovers and new listings
Crypto lender faces scrutiny after collapse
The law firm’s Hong Kong office has been hurt by intra-office affairs
1,000 attendees at annual conference share experiences over cocktails after ‘mini’ Budget chaos shakes industry
Handling money for the masses remains a bright spot for the biggest groups
Acquirer of song catalogues from Blondie to Neil Young says market value has fallen to half the value of its catalogues
Liability-driven investing has been pilloried but the strategy has worked for WHSmith
As soaring mortgage rates push home ownership beyond reach for many, demand is cooling and prices are falling
Schemes race to bolster defences before BoE’s bond-buying programme ends
Taxpayers should not bail out companies that have been speculating
A useful tool for some homeowners but with high costs
Northern Trust overwhelmed by slew of margin calls during bond market turmoil
Clearinghouses rule everything around us
British hedge fund has been running a bet that borrowing costs will have to rise
Recent losses have been fuelled by the UK government’s plans for a series of unfunded tax cuts
Losses at university’s $51bn endowment could widen as private equity and venture capital funds cut valuations
Asset manager pulls in $85bn in net inflows in the US in the quarter despite Republican-led anger
Rising rates are compounding difficulties for buyers to find affordable homes
International Edition