The boss of the International Monetary Fund has defended the Federal Reserve’s interest rate rises as “legitimate and necessary”, after Donald Trump said the central bank had “gone crazy”.
The Bank of England has issued its strongest warning yet to the EU that its lack of adequate planning for Brexit has created growing risks for almost £70tn of complex financial contracts.
The world economy is at risk of another financial meltdown, following the failure of governments and regulators to push through all the reforms needed to protect the system from reckless behaviour, the International Monetary Fund has warned.
When Goldman Sachs and billionaire Paul Tudor Jones announced a partnership three months ago to help socially conscious investors support “just business behavior”, they promised that their new index fund would generate solid returns for savers while directing their investment dollars towards truly humane companies.
Kweku Adoboli, the former UBS trader convicted of the UK’s biggest fraud, said he was devastated after an immigration judge ruled he must remain in detention while awaiting a judicial review of his deportation.
Germany’s financial watchdog has ordered Deutsche Bank to do more to prevent money-laundering and “terrorist financing,” and has appointed an independent auditor to assess progress.
First it was David Bowie selling his own “Bowie bonds”, and now fans of Dire Straits are being given the chance to invest in the band’s multimillion-selling back catalogue.
The European commission has described the €200bn (£178m) money-laundering case at Denmark’s largest bank as “the biggest scandal” in Europe.
Wigan Athletic have sacked Warren Joyce less than four months after he was appointed manager, with Graham Barrow to take over until the end of the season.
London’s traditional elite, such as lawyers, architects and academics, are being pushed out of their enclaves in Mayfair, Chelsea and Hampstead by an influx of global super rich investors, causing a chain reaction of gentrification across the capital, according to research by the London School of Economics.
Pep Guardiola admits he does not know if Manchester City can win the Champions League as his side are still in the “process of growing”. They face Feyenoord in their Group F opener at Rotterdam’s De Kuip on Wednesday night.
Frank de Boer departed in the drizzle with a puff of the cheeks, a lecture for his match-winner and a first success in English football to improve his mood, although the more impressed of the two managers arguably left in defeat.
Age of Consent was the second Australian feature film by British director Michael Powell, whose prior partnership with co-writer, director and producer Emeric Pressburger created a stable of films widely regarded as some of UK cinema’s best and most influential.
A tearful Lynsey Sharp said the decision to overturn rules on testosterone suppression made competing against the women’s Olympic 800m champion, Caster Semenya, and other hyperandrogenic athletes difficult.
A distance of just over 70 miles and a couple of divisions separates Anfield from the Montgomery Waters Meadow Stadium at Shrewsbury Town. This week events around these two football stadiums may well change the direction of dialogue about safe standing at grounds in England.
League football returned to Ewood Park as if it had never been away. But Blackburn Rovers, Premier League champions of 1995, found themselves in the unusual surroundings of League One on Saturday, losing 3-1 to Doncaster Rovers, who came in by the other door. After two degrees of separation the only familiarity for Blackburn was defeat.