Trump Officials Signal Openness to Tariff Talks
Jamieson Greer, the United States trade representative, and other Trump administration officials said the United States was ready to negotiate but that would not stop stiff tariffs from taking effect.
National/regional news and analysis
Quant hedge fund Renaissance suffers steep losses in tariff tumult
Computer-driven asset manager’s institutional equity strategy down 8% in April
The Treasury basis trade rears its head again
Bills and bonds and Treasury basis trades, oh my!
Elon Musk Calls Peter Navarro a ‘Moron’ in Escalating Tariff Fight
The feud between two of President Trump’s top advisers is playing out as the administration’s new tariffs have caused huge losses across global financial markets.
Companies sued for £360mn in damages over Grenfell Tower fire
Kensington and Chelsea council in London launches lawsuits against businesses involved in refurbishing the building
UK financial watchdog cuts fees for first time in more than a decade
Move by FCA reflects record amount of money it will keep from penalties issued to companies
Investors lose $25bn in leveraged ETFs in sector’s biggest meltdown
Risky funds drop almost a quarter of their value as Trump’s trade war hits market
Chinese banks are feeling the strain
Investment case for the country’s state-owned lenders is no longer straightforward
Revolut fined €3.5mn over money laundering control failures
Lithuania’s regulator identifies ‘violations and shortcomings’ in fintech’s processes
Exchanges could provide haven in wild markets
High volatility will boost trading and widen spreads, potentially drawing in more traders
Pages
