Russia sues Euroclear over frozen assets
Legal challenge is first shot across the bows as Brussels aims to use funds for €90bn loan to Ukraine
Economic news
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Nationwide fined £44mn over ‘failings’ in financial crime controls
UK regulator says building society lacked effective systems in monitoring customers’ transactions
‘The darkest depths of winter still lie ahead for America’s capital markets’
Caroline Crenshaw’s epic exit speech
The impact of a Russia-Ukraine peace deal
What will and won’t change with a resolution to the war
One step forward, two steps back for the EU and its Ukraine loan scheme
Also in this newsletter: EU finance ministers crack down on cheap small packages
Apollo’s 125-page manifesto on private credit
Plus, how UK oil majors attempted green transitions and then backed off