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worldbusinessstar

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Central banks, wealth funds going greener and more activist

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The COVID-19 pandemic is accelerating a shift by central banks and the sovereign wealth and public pension funds to greener and more activist investment strategies....

Deutsche bank raising amount paid to junior bankers

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German lender Deutsche Bank AG is raising the amount it pays investment banking analysts. The bank will now pay first and second-year analysts in its origination and advisory arms...

FTSE 100 rebounds as mining, banking stocks jump

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Miners and bank stocks helped the FTSE 100 rebound after surging coronavirus cases and fears of an economic slowdown pushed the index to a two-month low...

HSBC, StanChart halt new mortgages to two HK projects by Evergrande

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HSBC and Standard Chartered are declining to extend new loans to buyers of property in two uncompleted Hong Kong residential projects, that is developed...

BoE’s Broadbent sees reasons for inflation tide to ebb

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Bank of England Deputy Governor Ben Broadbent said that a current spike in prices is unlikely to create longer-term inflation pressures but central bankers...

ECB pledges low rates for even longer to support prices

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The European Central Bank pledged to keep interest rates at record lows for even longer to help sluggish inflation in the euro zone rise...

Softbank’s robotics ambitions short circuit as pepper loses power

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When SoftBank Group Corp’s CEO Masayoshi Son unveiled the wide-eyed android Pepper in 2014, he painted a vision, once confined to science fiction, of...

Disclosure discontent; why legal professionals say the disclosure pilot scheme is...

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In litigation, data matters more than ever, but the way disclosure is now being handled is causing quite a bit of concern within the...

G20 finance chiefs back global tax crackdown

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A draft communique showed that the finance chiefs of the G20 club of large economies have backed a landmark move to stop multinationals shifting profits...

ECB to change policy guidance at next meeting

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ECB President Christine Lagarde said in an interview that the European Central Bank will change its guidance on the next policy steps at its...