The Treasury market is treading in dangerous waters
Bank balance sheets lack capacity to intermediate the surging amount of trading in the US government bonds
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Amundi says it will cut exposure to US over coming year
€2.4tn asset manager is latest to voice concern over US policymaking and its impact on dollar assets
India hails Trump ‘deal’ but ducks discussing Russian oil ban
Analysts deeply sceptical of US president’s claim that Narendra Modi has promised to stop buying crude from Russia
Tribunal upholds UK regulator’s decision to fine Banque Havilland
Lawyers say Financial Conduct Authority has reinforced its ability to hold companies to account
Santander agrees $12.2bn deal to buy north-east US bank Webster Financial
Spanish lender is latest European giant to make a bid for American retail banking customers
Princeton University cuts expectation for endowment returns
Move could translate to $11bn less in assets over next decade and drive budget cuts at Ivy League school