CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US stocks are on track for their best week since Donald Trump’s election victory, boosted by strong bank earnings and softening underlying inflation data, which raised the chances of further interest rate […]
Sharia pension funds swell amid returns boost #NewsMarket
CashNews.co Some of the UK’s biggest pension providers saw record flows into sharia-compliant funds last year following much better returns than their default products. National Employment Savings Trust (Nest), the UK’s state-backed pension scheme, drew more than £180mn into its sharia fund last year, boosting assets under management by around a third. Meanwhile People’s Partnership’s […]
what’s wrong with the London stock market? #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Investments myFT Digest — delivered directly to your inbox. The UK equity market is dead. Long live the UK equity market. What can investors expect from Britain’s evolving, some would say dissolving, capital markets? The debate about how to revive the moribund local bourse […]
Biggest US banks notch up $142bn in profits in blockbuster 2024 #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. The US’s six largest banks generated $142bn in profits last year as they benefited from high interest rates, a strong economy and a rebound in dealmaking and other Wall Street activity. JPMorgan Chase, Bank […]
No one objected to Mayfair cash deliveries, James Stunt tells money laundering trial #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Socialite James Stunt has told his money laundering trial that he would have stopped large cash deliveries from taking place at his offices in London’s Mayfair “if anyone had raised an objection”. Prosecutors cross-examined […]
Public or private, investment banks win either way #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When David Solomon publicly downplays the value of companies going public, it might sound like a turkey voting for Christmas. The Goldman Sachs boss said on Wednesday that the reasons for start-ups to consider […]
UK regulators back looser mortgage rules to help boost growth #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. UK financial regulators have proposed allowing banks to lend more mortgages to first-time buyers with smaller deposits and lower incomes as they respond to government calls for more risk-taking to boost the economy. The […]
Leave synthetic risk transfers alone! #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Last year the IMF dug into the burgeoning “synthetic risk transfer” phenomenon, warning that it “can generate risks to financial stability that need to be assessed and monitored”. Naturally, Alphaville couldn’t resist taking a […]
Will US inflation ever go below 3%? #NewsMarket
CashNews.co Will US inflation ever go below 3%? Read More #cashnews #newsfinace #finance #FollowsCashnews
ETF flows obliterate previous full-year record to hit $1.5tn #NewsMarket
CashNews.co Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Global exchange traded fund flows hit a record $1.5tn last year with the buying frenzy accelerating after Donald Trump’s presidential victory in November. The net inflows obliterated the previous full-year record of $1.2tn […]