HSBC fined $24.6mn over Australian scam failures
Bank admits inadequate protection of ‘spoofing’ victims
Bank admits inadequate protection of ‘spoofing’ victims
Airline hit by fatal crash, rising fuel costs and record loss is searching for its next leader
The FT invites readers to join our campaign to promote financial literacy in the UK and around the world
Fears of summer shortages and $200 oil have been replaced by a focus on looming gluts
From Lena Thiede, Co-Founder and General Partner, Planet A, Berlin, Germany
From Jem Eskenazi, London N3, UK
From Yakov Filippenko, Founder, Intch, New York, NY, US
From William Steeds, Political Risk Insurance Underwriter at Lloyd’s of London, London W2, UK
President says Iranians will receive incentives when they ‘behave’ and acknowledges Tehran will keep ballistic missiles
Central bank chief says ‘new chapter’ has begun as he promised sweeping reforms
Britain and US retain grip on top 10, with MIT first and Imperial College London second
Timber structure suggests Neolithic people gathered to celebrate solstice on Salisbury Plain earlier than thought
Also in today’s newsletter: Mukesh Ambani’s Jio set to file for IPO, and Fed officials tilt towards rate rise
US government bonds drop after central bank vows to tame jolt of inflation triggered by Iran war
It’s both the size and what you do with it
Diezani Alison-Madueke had been accused of receiving private jet flights and use of properties in top London districts
Kevin Warsh has eliminated explicit forward guidance, but his colleagues project that at least one rate rise is needed
Labour candidate Andy Burnham hopes to win the seat and then seek to replace Keir Starmer as prime minister
Donald Trump’s war in Iran has sent inflation to nearly double the central bank’s target
Western governments must ensure industrial policy does not turn into unchecked state expansion
CEO led the group through a transformation from markets dominated by physical pits to decentralised electronic trading
Allies of mayor say he would turn down such a role as he is pitching himself as a change from current administration