17 h. ago Bank shares lead global market fall amid jitters over US private credit

Signs of credit stress send markets in Europe and Asia down, while investors turn to safe haven assetsEuropean stock markets fell on Friday and gold hit a record high after two US regional banks said they had been exposed to millions of dollars of bad loans and alleged fraud.Signs of credit stress rattled markets across Europe and Asia. In London the FTSE 100 fell 0.9%, Germany’s Dax fell 1.8%, Italy’s FTSE Mib fell 1.5%, the Ibex in Spain was off 0.3% and France’s Cac 40 dropped 0.2%. Continue reading...

Economics

20 h. ago Martin Lewis explains how you can get a free £400 before Christmas

Martin Lewis has shared how you can get a free £400 in your bank account before Christmas.

Economics

25 h. ago FTSE 100 heading for worst day since April as US regional bank worries rock markets – business live

Rolling coverage of the latest economic and financial news, as FTSE 100 share index sheds 150 points in early tradingUS regional bank stocks fall amid Wall Street concern over credit marketsStorm clouds are gathering over the financial markets, warns Richard Hunter, head of markets at interactive investor:There are increasing signs of storm clouds gathering over markets, with little relief from the building wall of worry.Already grappling with stretched stock valuations in the AI space, an unresolved government shutdown and a deteriorating relationship between Beijing and Washington, investors were exposed to a new source of concern in the form of lending practices and bad loans for US regional banks. Continue reading...

Economics

40 h. ago US regional bank shares sink on credit worries after fraud disclosures

Western Alliance and Zions Bank disclose exposure to alleged fraud

Politics

4 d. ago Martin Lewis’ charity warns over easy pin mistake that could see YOU lose cash

HOUSEHOLDS have been warned about an easy pin mistake that could see you lose cash. New research by Money and Mental Health Policy Institute has found a fifth of people with mental health problems share their pin or bank details with people to get help with their finances. But the move could leave them at...

Events

9 d. ago ‘The debasement trade’: is this what’s driving gold, bitcoin and shares to record highs?

Investors fear governments will not – or cannot – rein in borrowing so are putting their money elsewhereNils Pratley: the AI valuation bubble is now getting sillyInvestors are piling into assets such as gold, bitcoin and shares amid worries about government debt, central bank independence, and the weakness of major currencies such as the dollar. The trade has even been given a moniker: the “debasement trade”. But what does it mean? Continue reading...

Politics

9 d. ago Bank shares lift London's FTSE 100 to record, gold soars above $4,000

Bank shares lift London's FTSE 100 to record, gold soars above $4,000  Reuters

Economics