Bank CEOs party like it’s 2007
Wall Street bosses’ pay soared last year as deregulation and a surge in M&A boosted bank stocks
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BHP reports sharp rise in first-half profit amid strong demand for copper
World’s largest mining company says red metal accounts for more than half of core earnings
World’s largest miner BHP profits from pivot towards copper
Red metal now accounts for more than half of underlying core earnings
FirstFT: Fund managers take most bearish position on dollar for a decade
Also in today’s newsletter: UK proposes audit changes to attract Chinese listings, and Japan reports weak GDP data
EVs must be 70% made in the EU to qualify for state support, Brussels says
Draft legislation on local content by European Commission seeks to protect bloc’s manufacturing industries
Fed set to loosen US bank rules in attempt to boost mortgage lending
Central bank plans to ease capital requirements in an effort to shift home lending back to banks, top official says