8 d. ago US stocks slide as investors fret over high valuations for AI companies

Cautious comments from top bank executives add to jittery sentiment on Wall Street

Economics

1 week ago UK Bank Tax Jitters Grip City of London as Reeves’s Budget Nears

UK Bank Tax Jitters Grip City of London as Reeves’s Budget Nears  Bloomberg.com

Economics

3 w. ago Nearly £11bn wiped off UK banks after US regional banking fears spooked markets – business live

European stock markets have fallen after two US regional lenders disclosed on Thursday that they were exposed to alleged fraud by borrowersGlobal markets fall and gold hits record high amid jitters over US banksUS 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

3 w. 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

3 w. ago UK banks in ‘eye of the storm’ amid US credit jitters and car finance payouts

Shares in British banking giants were falling on Friday, weighing on the UK’s FTSE 100 index.

Economics

3 w. ago FTSE 100 slides as US regional bank worries rock markets – business live

Fear index jumps, and European markets follow Asia lower, as bad loan fears hit valuationsGlobal markets fall and gold hits record high amid jitters over US banksUS 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

3 w. ago Global markets fall and gold hits record high amid jitters over US banks

Signs of credit stress send markets in Europe and Asia down, while investors turn to safe haven assetsBusiness live – latest updatesGlobal stock markets fell sharply 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 1.5%, Germany’s Dax fell 2%, the Ibex in Spain was off 0.8% and France’s Cac 40 dropped 1.5%, before recovering some ground. Continue reading...

Economics

3 w. ago Gold on track for $5,000 as precious metal hits new record high to nudge $4,300 for first time

Analysts suggested gold could be on the way to $5,000 as nervous investors look for somewhere safe to park their cash.

Events