Will the EU’s bid to use frozen Russian assets hit the euro?
Some fund managers see potential fallout affecting the currency’s global status from controversial plan
Netflix leans on $59bn bank loan to fund Warner Bros takeover
Wells Fargo leads one of the largest financings of its kind as it looks to muscle in on investment banking rivals
US watchdogs drop post-crisis safeguard on risky lending
Regulators remove critical guidelines for leveraged loans after complaints from Wall Street
Sweden’s mining industry is threatening the Indigenous Sami people’s way of life
“There is so much intrusion from all sides and corners,” a Sami reindeer herder tells me, reacting to a government decision to grant a mining permit in Gállok in the Sápmi region in Sweden’s far north.
Sápmi is the communal land of the Indigenous Sami people. Their land ranges through northern parts of Norway, Sweden, Finland and Russia.
The revival of Goldman’s dealmaking instincts
The bank has focused less on searching for an identity than on building one — with asset management a key operation
Directors’ Deals: Sirius Real Estate puts more skin in the game
Chief executive makes second purchase in recent months
KKR in talks to buy Liverpool and PSG investor Arctos
US private capital giant in discussions to take majority stake in private equity sports pioneer
Low-tax or high-welfare? The UK must decide what type of country it wants to be
Perceptions of a high-tax UK are wide of the mark. Steve Travelguide/ShutterstockHeadlines about tax in the UK being at an all-time high abounded after the autumn budget. The current overall tax take, at 35% of GDP, is indeed a historic high for the country. And the measures announced in the budget will take it to 38% by the end of the parliament.
StanChart settles £1.5bn lawsuit over Iran sanctions breaches
Investors alleged the UK-headquartered bank had issued misleading statements about compliance
Is the dominance of the US dollar unravelling under Trump?
The dominant global financial position of the US and its currency, the dollar, is wobbling under the second Trump administration. AURA88 / ShutterstockThe US has long sat at the centre of the global financial system, with the US dollar serving as the backbone of the world economy. Private investors rely on the dollar as a store of value in times of uncertainty.
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