finance

‘Least affordable’ areas mainly in London commuter belt, UK Finance finds, with Iran war not yet reflected in data Business live – latest updates UK homebuyers are facing the worst mortgage affordability pressures for almost two decades, although the “pain” is not being felt equally across the country, according to industry data. The banking body UK Finance said that at a nationwide level, initia…

- Bullish has entered into a definitive agreement to acquire Equiniti, a leading global transfer agent serving nearly 3,000 issuer clients, 15,000 total corporate clients, 20 million shareholders, and processing $500 billion in annual payments. - The combination creates the first fully integrated blockchain-enabled, blue-chip issuer services provider — unifying a regulated transfer agent with end…

HSBC, how's it going? Well. It's up, and its down. We are now one year on from HSBC's surprise decision in the first quarter of 2025, to close its M&A and equity capital markets businesses outside of Asia and the Middle East. Senior bankers were let go as a result, with many departing after February 2025 when bonuses were due to be paid.  💥Follow us on WhatsApp for news alerts. 💥 The dis…

Elon Musk's 2025 Tesla compensation — on paper — is exceptional even in the context of increasingly large packages for executives seen as key to their companies.

Hong Kong conglomerate CK Hutchison agrees to sell 49% stake as it attempts to reshape its portfolio Business live – latest updates Vodafone is to take full control of the UK’s biggest mobile operator in a £4.3bn buyout deal with the Hong Kong conglomerate CK Hutchison. Billionaire Li Ka-shing’s business said it had agreed to sell its 49% stake in VodafoneThree – a network with more than 27 milli…

London-headquartered bank’s shares slide as it sets aside an extra $300m to cover effects of Middle East conflict Business live – latest updates HSBC has suffered a $1.3bn (£961m) hit to profits, fuelled by the fallout from the US-Israel war on Iran and fraud in the troubled private credit sector . The London-headquartered bank said profits fell 4% in the first three months of the year, dropping …

Rolling coverage of the latest economic and financial news Australia hikes interest rates to 4.35% in blow to mortgage holders The Financial Times have a corking story this morning – UK chancellor Rachel Reeves had a “fierce row” with US Treasury secretary Scott Bessent in Washington last month, they say. The pair of finance ministers clashed over the Iran war on the sidelines of the IMF’s Spring…

Rayner and Burnham are trying to gain markets’ confidence amid concerns they could loosen fiscal rules if they replace Starmer Who calls the shots on the bin collections in Sunderland, potholes in Hackney, or schools in Cardiff is not normally of interest to City traders in the multitrillion-pound sovereign bond market. But for those dealing in UK government debt, Thursday’s local and devolved go…

Gibson Dunn is acting as financing counsel to General Catalyst-backed Long Lake Management on its acquisition of American Express Global Business Travel, a leading software and services company for travel, expense, and meetings and events. The post Gibson Dunn Acts as Financing Counsel to Long Lake Management on Acquisition of American Express Global Business Travel appeared first on Gibson Dunn .

On April 29, 2026, the 2nd Northern German Capital Markets Forum took place at the Hamburg Chamber of Commerce. Under the theme “Northern Germany in Transition – Between Tradition and Global Upheavals,” experts discussed current economic, geopolitical, and financial challenges in the region. One of the speakers was Professor Timo Busch. In his presentation “Academia: 20 Years of ESG Finance: Acad…

Gibson Dunn is advising S+S Industries, a leading provider of critical solutions and value‑added services for data center infrastructure, on the strategic investment in S+S by funds managed by Cerberus Capital Management, L.P. The post Gibson Dunn Advises S+S Industries on Strategic Investment in S+S by Cerberus-Managed Funds appeared first on Gibson Dunn .

Financial institutions are “operating in a paradox—lower federal oversight but higher, more complex compliance demands.” That is how Christopher J. Boersma, ProSight’s product manager of compliance with learning and development, sums up the environment captured in the 2026 ProSight Compliance Outlook Survey, which will be released May 6. The survey, based on 150 responses from […] The post The To…

The federal banking agencies’ revised model risk management guidance looks, at first glance, like a simplification story. The new framework is shorter, more principles-based, and less prescriptive than the guidance many banks have been living under since 2011. But the practical effect may be more complicated: institutions now have more room to tailor model risk […] The post More Flexibility, More…

Video game retailer’s CEO warns that unsolicited bid could turn hostile if it is rebuffed by resale site’s board US video games retailer GameStop has offered to buy eBay for $55.5bn (£41bn) in an unsolicited bid that its boss warned could turn hostile if the proposal is rebuffed by eBay’s board. GameStop, which has quietly accumulated a 5% stake in eBay, said it was willing to pay $125 a share, s…

Gianni Infantino bungled one political move in Canada while also making it clear Europe is on the fringes of his thinking Gianni Infantino’s final words of the 76th Fifa congress were the least surprising of an otherwise intriguing week. “I wanted you to be the first to know,” the Fifa president said with a straight face of his decision to seek re-election next year, which has been an open secret…

The U.S. Energy Information Administration expects nationwide retail gasoline prices to average near US$4.30 a gallon for April 2026 – the highest monthly average of the year. The political response has been familiar. Georgia has suspended its state gas tax, other states are weighing their own tax holidays, and the White House has issued a […] The post What’s in the price of a gallon of gas appea…

The so-called "billionaires tax" appears to be headed for the California ballot. Not all billionaires think it's reason to flee the state.

[05] When to Pull the Trigger on FIRE — Monte Carlo Says You're Already Free This is Part 5 of a 6-part series: Building Investment Systems with Python The Problem with Target Numbers "You need 25x your annual expenses." That's the standard FIRE rule. For ¥9.6M annual expenses, that's ¥240M. Most people see that number and think: "I'll never get there." But the 25x rule assumes a fixed 4% withdra…