US approves new bank backed by billionaires with ties to Trump
Target market for Erebor will be businesses that are part of America’s ‘innovation economy’
Economic news
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Trump’s gamble on Argentina
The US administration is backing an ally’s misguided exchange rate policy
Morgan Stanley overtakes arch-rival Goldman Sachs in equities trading
Revival in core Wall Street businesses powers forecast-beating results across America’s biggest banks
Inside the knotty economics of the world’s most profitable ETF
And why they might soon change
Bank of England loosens banker bonus rules
Fewer restrictions on financial sector pay following changes by central bank
Crypto futures go mainstream but will institutions buy them?
Unlike most derivatives, ‘perps’ do not have an expiry date