Julius Baer ordered to pay $5mn over ‘serious violation’ of regulations
Decision by Swiss regulator focuses on failure to detect or act on suspicious activity between 2009 and 2019
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Insurers win relief on commercial policies from UK regulator
Financial Conduct Authority says move part of wider set of proposals to remove ‘ineffective’ or ‘duplicated regulation’
Mobile banking group Chime files for US IPO as markets rebound
Plans to float shares highlight how confidence is returning on Wall Street as Trump softens stance on tariffs
US sanctions companies alleged to be shipping Iranian oil to China
Measures come as Donald Trump offers olive branch to regime in Tehran
S&P 500 wipes out 2025 losses as stocks extend rally
Inflation data helps Wall Street benchmark rebound from 15 per cent fall sparked by Donald Trump’s tariffs
Reeves is picking a needless fight over pension mandates
Too heavy-handed approach risks sending a chilling message to investors