best financial news
- Finance
BNY Mellon hires Goldman veteran Dermot McDonogh for finance chief role
Bank of New York Mellon hired a Goldman Sachs veteran as its next finance chief, a move that comes after…
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Job openings eased, in a sign of the cooling labor market.
Employers became slightly less desperate for workers in May as job openings declined for the second straight month from a…
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Fed Moves Toward Another Big Rate Increase as Inflation Lingers
WASHINGTON — The Federal Reserve, determined to choke off rapid inflation before it becomes a permanent feature of the American…
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FTX irks exchanges by pushing for crypto derivatives
The cryptocurrency exchange FTX is seeking a green light from regulators to let individual investors use derivatives to place leveraged…
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Veterans of Carter-Era Inflation Warn That Biden Has Few Tools to Tame Prices
WASHINGTON — When inflation surged in the late 1970s, President Jimmy Carter convened his top economic advisers for weekly lunch…
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Nonprofits’ critical role in deploying federal investments: Observations from the Transforming Cities Lab
As the second tranche of federal American Rescue Plan Act (ARP) funding flows to municipalities around the country, new realities…
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NatWest dismissed a cancer-stricken director — now it faces a £2m legal claim
NatWest was accused of being “in a state of denial” during the closing arguments of an employment tribunal over unfair…
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Woodford probe to drag on for years as some victims ‘died while the FCA dithered’
Investors burned by Neil Woodford have been waiting for justice since the former star stock-picker’s flagship fund shuttered in 2019. They’ll probably…
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Boutique Perella Weinberg promotes four key dealmakers to partner
Boutique investment bank Perella Weinberg named four new partners in its first promotion round since going public last year. Former Credit…
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Why Fidelity is taking a chance on the Reddit army
Fidelity Investments Chief Executive Abigail Johnson, the granddaughter of the financial behemoth’s founder, checks the pulse of the investing world…
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Deutsche Bank’s dealmakers shine as profit hits 10-year high
Deutsche Bank capped its most profitable year in a decade as revenues within its investment bank surged and its hulking…
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Trading Places: Credit Suisse brings in Triggle, UBS adds Lennehag
It’s been another week of people changing roles in the City. Here’s the roundup. Credit Suisse hired Kristian Triggle as…
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Boutique FT Partners sets new bar with $140,000 starting salary for junior bankers
A boutique investment bank run by a former Goldman Sachs banker has just upped the ante on junior pay as…
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Kirkland & Ellis shocks staff with stricter-than-expected office mandate
Kirkland & Ellis has become the latest major law firm to spell out new rules for hybrid working after the pandemic. Kirkland…
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Will a government venture capital fund really help private investors?
It is hard to overstate how far the European venture capital industry has come since the turn of the millennium. Although…
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تجاوز أزمتي الجزائر السياسية والاقتصادية
في 21 مايو، اعتقلت السلطات الجزائرية قرابة 800 محتجّ كانوا قد تجمّعوا لاستنكار الجمود السياسي والمصاعب الاقتصادية المستمرّة في أرجاء…
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