Audit finds holes in ECB’s management of bank credit risk
FRANKFURT (Reuters) – European Central Bank supervisors are often too lenient with banks in how they manage credit risk, especially…
Business
UK’s THG shares dive 20% as another suitor bites the dust
By Yadarisa Shabong (Reuters) -British online retail platform THG Plc ended talks with Apollo Global Management on Friday, saying there…
GSK sells partial stake in spin-off firm Haleon at discount
(Reuters) -British drugmaker GSK on Friday said it sold 240 million shares in its consumer healthcare business Haleon at 335…
Fed’s Bowman: more policy tightening likely appropriate
(Reuters) – The U.S. Federal Reserve will probably need to raise interest rates further if inflation stays high, Fed Governor…
Fed’s Bowman calls for external review of Silicon Valley Bank oversight
By Pete Schroeder WASHINGTON (Reuters) – Federal Reserve Governor Michelle Bowman said Friday that the central bank should hire an…
Newsmaker: Robyn Grew, the trusted insider to lead Man Group hedge fund
By Nell Mackenzie and Sinead Cruise LONDON (Reuters) – There are few jobs Robyn Grew has not mastered at the…
Man Group picks all-female top team as CEO Ellis retires
By Iain Withers and Sinead Cruise LONDON (Reuters) – Man Group will be led by two women for the first…
Allianz posts big rise in profit after year-earlier charge
FRANKFURT (Reuters) -Germany’s Allianz on Friday posted a big rise in first-quarter net profit, rebounding after taking charges a year…
Tesla raises US prices for all its vehicles except Model 3
By Shivani Tanna and Shubham Kalia (Reuters) -Tesla Inc increased the U.S. prices of its Model S, X, and Y…
Marketmind: Markets get twitchy as debt ceiling, growth fears weigh
A look at the day ahead in European and global markets from Ankur Banerjee Signs of an economic slowdown across…