Car finance mis-selling scandal to cost banks £8.2bn, says UK regulator
Lower-than-expected FCA figure is still set to be one of the banking industry’s biggest compensation schemes
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Goldman executive says retail rush into private assets is raising risks
Fund managers are under pressure to deploy capital quickly and risk buying bad assets
What is happening in France may not stay in France
Bond markets are losing patience with political paralysis
Revolut co-founder Nik Storonsky shifts residency from UK to UAE
Change in residence from the UK was disclosed in a Companies House filing
State Street’s flagship S&P 500 ETF suffers record $32bn outflows
Investors flee SPY despite this year’s rally on Wall Street in search of cheaper alternatives
WTO hikes global trade forecast for 2025 — but next year doesn’t look so good
Global trade volumes rose sharply in the first half of 2025 as businesses front-loaded imports ahead of higher tariffs.