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News in-depthTech start-ups
Men behind Microsoft-backed start-up Builder.ai named in Indian criminal probes
...“They fully trust that the matter will be resolved. We remain committed to engaging with our stakeholders with full transparency.”...
March 21, 2024
Leyla Boulton
Why is making UK homes more efficient so difficult?
...“Banks . . . have a lot of power they can’t yet wield,” said Matthew Boyes of Hometree Finance, a financier of gas boilers that plans to offer heat pump loans....
April 11, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Apollo Global Management LLC
Inside Apollo’s alleged grim-reaper gamble
...Per Bloomberg: Apollo Global Management Inc bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the payouts through shell entities, according to a new lawsuit...
May 1, 2024
Martin Wolf
For all its faults, democracy is still better than autocracy
...It is fragile because some people want to be tyrants and too many people want to trust them....
April 2, 2024
Banks
Mike Mayo ❤️ Citi
...As Mayo lays out in his $22 bear case scenario, “history is not on Citi’s side to effectively execute”, given that it is “a bank that has spent decades destroying trust”....
January 2, 2024
News in-depthEU economy
‘Big Bang’ EU countries risk losing competitive edge
...Public trust in the EU has fallen since 2004 in Hungary, the Czech Republic, Slovenia and Cyprus, according to the annual Eurobarometer survey....
May 1, 2024
FT Live
Global Banking Summit
The world's top gathering of leaders in finance
Tuesday, 3 DecemberLondon, UK
The FT ViewThe editorial board
Turkey should shore up investor faith in new orthodoxy
...Still, fund managers trust Şimşek to lead this job and, crucially, to keep Erdoğan on side, and have proven willing to dip back into Turkish assets for the first time in years since his reappointment....
February 11, 2024
European Central Bank
ECB must accept forecasting limitations to restore trust, says Christine Lagarde
...The latest EU survey of citizens in May and June found that 40 per cent said they did not trust the ECB — an increase of 2 percentage points from earlier this year, but below the 46 per cent who said they...
September 4, 2023
Global Economy
To whom doth central bankers speak?
...The central bank also aspires to speak more frankly about its forecasting limitations and admit more openly to previous mistakes, and in so doing restore some of the trust that evaporated following the GFC...
September 8, 2023
Austria
Austrian campaigners target Roman Abramovich’s secret Alpine villa
...The EU says that as chair of the state development bank, VEB, Shuvalov plays a key role in directing funding to the Russian defence sector....
February 3, 2024
The Big Read
Telegram: social media giant or the new ‘dark web’?
...Recently these included a 9mm Glock with ammunition for $500, Bolivian cocaine for $1,000 an ounce and fraudulently cloned bank cards for $5,000....
March 12, 2024
News in-depthWar in Ukraine
US aid delays leave Ukrainians at low ebb
...When Ukrainian forces first reported weapons shortages in the autumn, citizens started donating more money to the army, according to Monobank, the country’s largest digital bank and popular fundraising platform...
April 19, 2024
Letter
Letter: Central banks can help restore trust in crypto
...Gordon Ng Year 11 student, King George V school Hong Kong...
January 10, 2023
Special ReportThe Future of Banking
India points the way to digital access across Africa
...According to the World Bank, an estimated 470mn people in sub-Saharan Africa lack any form of official identification at all....
September 18, 2023
Letter
Letter: Central banks should ease fears over CBDC privacy
...Finally, the central bank must first and foremost embrace its responsibility to service citizens in its design of CBDC. It is not beholden to shareholders but to us, the people....
July 27, 2023
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Trade SecretsAlan Beattie
The fundamental reason China will struggle to dethrone the dollar
...Yet ultimately, confidence in a global standard involves fundamental trust in its issuer’s openness and reliability....
August 31, 2023
The Long ViewKatie Martin
‘Number go up’: bitcoin’s startling surge is inexplicable as ever
...Trust me, I’ve tried....
December 8, 2023
UnhedgedRobert Armstrong
Is the rally over? Premium content
...This is visible, for example, in the sharp move up in bank stocks, especially higher-risk regional banks such as Fifth Third, Citizens, KeyCorp, Zions and Comerica (all up 40 per cent or more since late...
January 22, 2024
Citigroup Inc
Citigroup seeks deal for small-bank platform after loan requests top $1bn
...“I am seeing more deals getting put on the platform,” said James Dow, who leads commercial banking at Citizens Trust Bank, a small lender based in Atlanta that has used the platform....
September 7, 2023
Global Economy
Joe Biden pushes for bigger World Bank to combat China’s rising influence
...“What India has done is to bring in the concerns and priorities of the global south and to try and move them beyond standard approaches to address the real issues,” said V Anantha Nageswaran, Modi’s chief...
September 8, 2023
Digital currencies
Jamaica, we have a CBDC
...Then things get knottier: Over one in ten unbanked Jamaicans are in that position at least partially because they don’t trust the government and financial institutions....
July 20, 2023
Lebanon
Lebanon’s ex-central bank chief hit with international sanctions for alleged graft
...The US sanctions also prevent American citizens or lenders from transacting with them. The UK sanctions also include travel bans....
August 10, 2023
The Weekend Essay
What the west forgot about democracy
...mislead citizens and split them into warring camps?...
January 17, 2024
The Week Ahead
Iowa kicks off Republican presidential nomination process
...Corp Q4, Northern Trust Q4, Sage Group Q1 trading update, Truist Financial Q4, TSMC Q4, The Works HY Friday Germany: December PPI inflation rate data Japan: December CPI inflation rate data (AM local...
January 14, 2024
News in-depthNorth Korea
Power-starved North Korea turns to solar energy to keep the lights on
...“But the whole reason people buy these panels is because they cannot trust the state to supply them with the power they need.”...
August 27, 2023

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