Top Stories

Global Banking & Finance Review’s Top Stories section curates the most important events and trends across global banking, finance, business, technology, investing and trading. It promises authoritative analysis and forward‑thinking perspectives to keep decision‑makers ahead of the curve.

Image for Factbox-UK axes economic ‘growth plan’ to restore market confidence
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Factbox-UK axes economic ‘growth plan’ to restore market confidence

LONDON (Reuters) – New British finance minister Jeremy Hunt on Monday announced almost a complete U-...

17th October, 2022

Image for Market turmoil a boon for trend-following hedge funds
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Market turmoil a boon for trend-following hedge funds

By Nell Mackenzie (Reuters) – Trend-following hedge funds are capitalising on market disruption and...

17th October, 2022

Image for Exxon’s Russian oil output collapsed after rejecting local tanker insurance – sources
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Exxon’s Russian oil output collapsed after rejecting local tanker insurance – sources

HOUSTON/NEW DELHI (Reuters) – Oil output at the giant Exxon-led Sakhalin-1 Russian Pacific project c...

17th October, 2022

Image for New UK finance minister Hunt ditches most of ‘mini-budget’, pound and gilts soar
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New UK finance minister Hunt ditches most of ‘mini-budget’, pound and gilts soar

LONDON (Reuters) -Britain’s new finance minister on Monday jettisoned most of Prime Minister Liz Tru...

17th October, 2022

Image for Bank of England publishes rules for energy firms’ liquidity tool
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Bank of England publishes rules for energy firms’ liquidity tool

LONDON (Reuters) – The Bank of England published on Monday the rules for energy firms seeking to use...

17th October, 2022

Image for UK finance minister Hunt to make statement at 1000 GMT – source
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UK finance minister Hunt to make statement at 1000 GMT – source

LONDON (Reuters) – British finance minister Jeremy Hunt will make a statement at 1000 GMT, a source...

17th October, 2022

Image for FTSE 100 climbs ahead of Hunt’s fiscal plans
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FTSE 100 climbs ahead of Hunt’s fiscal plans

By Sruthi Shankar (Reuters) -London shares rose for a third consecutive session on Monday as investo...

17th October, 2022

Image for ITV shares jump on reports it could sell stake in production arm
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ITV shares jump on reports it could sell stake in production arm

LONDON (Reuters) – Shares in ITV jumped 7% in early deals on Monday, lifted by a Financial Times rep...

17th October, 2022

Image for UK’s Hargreaves Lansdown CEO Hill to step down
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UK’s Hargreaves Lansdown CEO Hill to step down

By Sinchita Mitra (Reuters) -Hargreaves Lansdown said on Monday its Chief Executive Officer Chris Hi...

17th October, 2022

Image for How Britain’s pension scheme hedge became a trillion pound gamble
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How Britain’s pension scheme hedge became a trillion pound gamble

By Tommy Wilkes and Carolyn Cohn LONDON (Reuters) -It started out simply enough: British pension sch...

17th October, 2022

Image for Credit Agricole and CACEIS to buy RBC Investor Services’ Europe unit
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Credit Agricole and CACEIS to buy RBC Investor Services’ Europe unit

PARIS (Reuters) – CACEIS, the asset servicing business owned by French bank Credit Agricole and Span...

17th October, 2022

Image for UK housing market shows strains from “mini-budget”: Rightmove
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UK housing market shows strains from “mini-budget”: Rightmove

LONDON (Reuters) – Britain’s housing market lost momentum this month after Prime Minister Liz Truss’...

17th October, 2022