Bank of America and Citigroup have suspended all equity trading with Segantii Capital Management, due to the banks’ concerns about the hedge fund’s bets on the sale of large blocks … Read More
Prudential has appointed former Citi banker Anil Wadhwani as chief executive, as the life insurer deepens its focus on Asia. Wadhwani, a 53-year old Indian and head of the Asia … Read More
The last few years have been wild for markets, from the Covid-triggered collapse in March 2020, the swift stimulus-soaked recovery and the renaissance of day-trading, to the present resurgence of … Read More
Growing complacency about Covid-19 and politicisation of the pandemic response will cost lives as the world is hit by new waves of the virus in coming months, Pfizer’s chief executive … Read More
Short sellers are reaping a bumper harvest in the tech sector sell-off. S3 Partners, a technology and data analytics firm, estimates that $1 in every $5 shorted in US markets … Read More
Retailer Marks and Spencer has warned that the financial squeeze on UK consumers will hit profit growth this year. One of Britain’s best known retailers said that although trading had … Read More
This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. I have recovered from … Read More
It is tempting to want to punish the enablers of London’s laundromat with the strictest possible restrictions on the services they can offer to Russia-linked businesses. If only it were … Read More
Tedros Adhanom Ghebreyesus has been re-elected as director-general of the World Health Organization, setting him up for another five years in the top job at the global health body. Tedros … Read More
Shares in MSP Recovery, a healthcare litigation company that went public in one of the largest ever blank-cheque deals, fell by 53 per cent on its first day of trading, … Read More
