Today In The Markets

Who better to walk you through the banking sector’s March madness and offer their thoughts on systemic financial stress than… Credit Suisse? Notes from the bank analysis team at CS have come admirably thick and fast, even after their employer collapsed and was subsequently folded into rival UBS last month. But there’s a rather large Swiss

At least 100 apparently classified documents have been leaked online in the most significant unauthorised release of US intelligence material since the large-scale disclosures by former contractor Edward Snowden in 2013. The documents largely relate to the war in Ukraine, including recent battlefield information, but also include details intercepted by the US from allies including

SoftBank chief Masayoshi Son will this week sign off on an agreement with Nasdaq to list chip designer Arm, setting in motion a blockbuster initial public offering as early as this autumn. According to two people familiar with the situation, the Japanese investment group and New York exchange reached a tentative agreement over Arm’s proposed

A top official at the IMF has warned of “acute” risks to the global financial system and said weaker banks face further pressure if central banks continue ratcheting up rates to squash inflation. In an interview with the Financial Times, Tobias Adrian, director of the fund’s monetary and capital markets department, struck a downbeat tone

The IMF has warned of a “hard landing” for the global economy if persistently troublesome inflation keeps interest rates higher for longer and amplifies financial risks. Although the fund left its overall economic forecasts largely unchanged from January in its latest World Economic Outlook, published on Tuesday, it stressed that signs of resilience alongside lower

Chancellor Jeremy Hunt’s efforts to revitalise the UK economy have not been sufficient to raise it from the foot of the global league table this year, according to forecasts published by the IMF on Tuesday. In its twice-yearly World Economic Outlook, the fund predicted that the UK economy would shrink by 0.3 per cent in

Three Aprils ago, Sir Keir Starmer took over a UK Labour party in the electoral and moral pits. He lost his first 18 months to a pandemic that made the role of opposing the Conservative government seem almost unpatriotic. He has the “help” of a shadow cabinet that, as a gathering of talent in one

CBI director-general Tony Danker has been sacked with immediate effect following an investigation into allegations of sexual harassment at the employers’ organisation. He will be replaced by Rain Newton-Smith, the UK lobby group’s former chief economist, who will return as director-general after a brief spell as a managing director for policy at Barclays. The dismissal

European stocks advanced at the opening on Tuesday, as investors took heart from a late rally on Wall Street and looked towards the possibility of more interest rate increases from the European Central Bank and US Federal Reserve. The region-wide Stoxx 600 rose 0.5 per cent, while Germany’s Dax and France’s Cac 40 were up