European banks push to recapture fees from BlackRock and Vanguard
Groups launch in-house ETFs to capture retail clients as market booms
Economic news
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Shein shares sink after profits disappoint in first results since IPO
Fast-fashion retailer squeezed by rising freight costs and Iran war fallout
Anthropic warns of ‘existential risks to humanity’ in IPO prospectus
Long-awaited S1 filing reports Claude maker lost $8bn last year on $4.6bn in revenue
US Treasury threatens crackdown on Wall Street tax-avoidance strategies
Department limits use of ETFs to avoid taxable gains and says it could target other ‘potentially abusive’ tactics
Bond sell-off deepens as oil rises above $108
Ten-year Treasury yield hits 5.2% and Brent jumps as hopes for US-Iran agreement fade
TotalEnergies boosts buybacks and dividends as oil prices surge
French energy company increases shareholder payouts as effect of Iran war increases cash flows