M&G snaps up majority stake in sustainable housebuilder Greencore January 27, 2022 Global investment firm M&G has snapped up a majority stake in sustainable housebuilder Greencore Construction, the firm announced today.
Robinhood outlines safeguards to prevent a ‘memestock’ repeat January 26, 2022 Retail trading app Robinhood has outlined a series of safeguards it has put in place to prevent a repeat of the “memestock” trading craze which crippled hedge funds and sent share prices soaring last year.
Contactless payments surge as cash continues to spiral January 26, 2022 Contactless payments surged over 40 per cent last year as entertainment and hospitality rebounded and cash usage continued its decline, new data has revealed.
JPMorgan readies to convert $9.1bn mutual funds into ETFs January 26, 2022 JP Morgan will begin converting $9.1bn of mutual funds into exchange traded funds (ETF), after the four funds bled a combined $2bn in the year to November.
Today’s Fed meeting: ‘Officials are behind the curve when it comes to dealing with inflation risk’ January 26, 2022 Markets’ main focus is set to be on today’s Fed meeting, and the messaging that is expected to layout the rate path for the rest of the year, starting with a widely expected 0.25 per cent March rate hike. “Last month’s Fed meeting saw the central bank accelerate its tapering program to $30bn a month, [...]
Market sentiment driven by events on Russia vs NATO over Ukraine and today’s Fed meeting January 26, 2022 European markets had a slightly more resilient tone yesterday, reversing some of their early week losses, however we still remain below the closing levels of last week, so it might be a little early to sound the all clear so to speak. US markets also saw another rollercoaster session, opening sharply lower, as they looked [...]
Short sellers see $114bn surge in gains amid U.S. sell-off January 25, 2022 Short sellers have enjoyed a boom in gains since the start of this year amid a major US stock market sell-off, according to new data.
Exclusive: UK financial services M&A hits five year high but deal value slumps January 25, 2022 Mergers and acquisitions (M&A) in the UK’s financial services sector rebounded to hit a five year high last year but overall deal value slumped on 2020 levels.
Unilever shares surge after Peltz takes a stake, though reports say job losses loom January 24, 2022 Unilever shares have surged this morning after it was revealed that notorious activist investor Nelson Peltz had taken a stake in the firm.
Aviva Investors calls for businesses to increase focus on human rights and biodiversity January 24, 2022 Asset manager Aviva Investors will push firms to increase their focus on biodiversity and human rights as it looks to promote a more rounded approach to corporate sustainability.
