BNP’s Sudan scandal presents investors with a valuation puzzle
Seemingly large scandals can translate into unexpectedly small impacts
Seemingly large scandals can translate into unexpectedly small impacts
Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder
Every meeting should start with a simple question: why are we meeting? Dotshock/ShutterstockAnyone working in an organisation knows it: meetings follow one after another at a frantic pace. On average, managers spend 23 hours a week in meetings. Much of what happens in them is considered to be of low value, or even entirely counterproductive.
Deal means start-up will take share in group set up by Josh Kushner’s Thrive Capital
Andrzej Rostek/ShutterstockChancellor Rachel Reeves has delivered her second budget, in which she raised taxes by £26 billion. This will take the UK tax burden to an all-time high of 38% of GDP by 2030-31. But it will also more than double Reeves’ “fiscal headroom” to £22 billion.
Wealthy New Yorkers have threatened to leave the city if Mayor-elect Zohran Mamdani follows through on his promise to raise taxes on the rich. Charly Triballeau/AFP via Getty ImagesNew York’s mayor-elect, Zohran Mamdani, campaigned on a promise to raise the city’s income tax on its richest residents from 3.9% to 5.9%.
Co-founder to hand $6.6bn commodities trader to group led by US head Gary Pedersen
Letter from the Chancellor to the Governor
Banks accused of organisational ‘deficiencies’ relating to Mozambique ‘tuna bonds’ scandal
Greece’s manufacturing PMI recorded a drop in November to 52.7 points, from 53.5 points in the previous month, S&P Global data showed on Monday.