Finance Minister ​Karin Keller-Sutter says the $153 ⁠bln bank is ​unlikely to quit ​its home country despite stricter capital rules. ​Moving to the ​US would involve costs ‌and ⁠risks. Yet there are w...

Finance Minister ​Karin Keller-Sutter says the $153 ⁠bln bank is ​unlikely to quit ​its home country despite stricter capital rules. ​Moving to the ​US would involve costs ‌and ⁠risks. Yet there are w...

Blackstone, ​KKR, EQT and peers ⁠have raised $100 ​bln for perpetual ​private-equity vehicles. Yet no two look alike, and ​performance is ​patchy so far. With ‌cashing ⁠out the only option for investo...

After 2008, ‌many lenders like NatWest retrenched to their home countries. Banks like $160 bln ​BBVA, which kept a geographic ​sprawl, were penalised. The international discount ⁠is now fading, which ...

Despite unveiling a 15% cut ​to back-office staff, which CEO Bill Winters described as

His SoftBank ⁠empire has been ​integral to OpenAI ​achieving an $840 bln valuation. It puts the ​ChatGPT developer ​in a precarious spot. The ‌Japanese ⁠billionaire’s company is running short on finan...

With the ​UAE alone hit by ⁠2,000 Iranian strikes ​in two weeks, ​regional hubs like Dubai need better ways ​to repel unmanned ​craft. Firms like Germany's ‌TYTAN ⁠and Ukraine's SkyFall could meet tha...

Six Polymarket accounts may ⁠have made $1.2 ​mln betting on the ​ouster of Iran’s leader, in trades funded ​hours before ​an air strike killed him. ‌Worries ⁠about unfairly clued-up counterparties may...

Iran's strategy is stark: Unleash drones and missiles, cut vital energy routes and jolt markets.

Lenders from Barclays to BNP have struck 'risk transfer' deals covering $885 bln of loans, flattering their equity ratios. The European market could double in size. As usage grows, though, so does the...

Tether, with $184 bln in issue, dominates dollar-pegged tokens. Yet its equity buffer has shrunk while investments backing the coin are riskier. As bitcoin falls, the risks of a panic are rising. That...

The Europe-focused buyout giant has agreed to take over US credit shop Marathon for up to $1.6 bln. The price looks rich. But CVC President Peter Rutland at least gets a business that will boost his f...

In 2025, tech optimism overpowered tariff gloom to keep economies growing and markets buoyant. In the coming 12 months, state stimulus and corporate exuberance will again clash with political dysfunct...

As the world enters 2026, Breakingviews columnists map out how powerful forces of macroeconomic stimulus, exuberance over artificial intelligence and corporate dealmaking could interact with tensions between great powers, financial gravity and political dysfunction in the coming 12 months.

As the world enters 2026, Breakingviews columnists map out how powerful forces of macroeconomic stimulus, exuberance over artificial intelligence and corporate dealmaking could interact with tensions between great powers, financial gravity and political dysfunction in the coming 12 months.

Cash-strapped Western states must invest in their militaries and green energy. With the top 1% increasing its grip on wealth, and paying little tax, soaking the rich looks justified. But a chunky one-off levy makes more sense than an annual charge, which is vulnerable to dodging.

Rheinmetall, Renk and peers collectively shed $15 bln of value, or 5%, after a White House summit involving Ukraine, Germany, France and Britain. Toppy valuations explain the fall, rather than expectations of less fighting. The stocks still imply soaring defence budgets.

Weeks after the US group paid $8 bln for a British retirement manager, its Canadian peer agreed a $3 bln takeover of Just Group. Brookfield’s price is high. But Britain’s annuity market is growing and...

Outgoing board head Mark Tucker churned through CEOs and steered the $220 bln bank’s vast overhaul. Now, with the right boss and strategy in place, HSBC could use a diplomatic Asia expert happy to tak...

The Wall Street firm is paying $196 mln for the UK boutique co-founded by Simon Robey. The danger in such transactions is that rainmakers leave. A six-year earnout helps, but for the buyer the upside ...

The $110 bln bank’s boss dropped his offer for Italy’s BPM but seems set on holding 29% of Germany’s Commerzbank. That leaves two questions hanging: whether a local tie-up still happens; and whether C...

Markets reflect a widespread belief that the US president always chickens out on trade measures. AstraZeneca’s plan to invest $50 bln stateside implies that sector-specific levies are inevitable. The drug group and rivals like Roche are assuming Trump Occasionally Follows Up.

The US firm, with $20 bln of 2024 revenue, is one of the biggest of the post-2008 financial giants that have replaced banks as key market-makers. As shown by a bust-up with India, regulators are now f...