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UK life insurers tripling down on risk sharing with global reinsurers

Controversial practice has drawn ire from the BoE, pension trustees

Daily Financial Regulation Update -- Friday May 24, 2024 | Paul Hastings LLP

City of London calls for financial regulators to find a growth 'mindset'

Britain's regulators lack the mindset to boost growth and the financial sector's global competitiveness, and need parliamentary backing to accept more risk when applying rules, the City of London said on Wednesday. Chris Hayward, policy leader at the City, which administers the capital's financial district, said that a new public-private…

Walmart and Target are slashing prices. What does that mean for inflation?

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Citigroup counting £61.6m cost of fat finger error

Bank fined after trader makes $444 billion 'fat finger' error

The error, worth more than the GDP of Denmark, was partially blocked by Citigroup, but almost $200 billion worth of shares were still sent to a trading algorithm

Citigroup fined for almost dumping $189 billion into European markets by accident

Fat-finger trade? Citigroup fined for nearly dumping $189 billion of stocks by accident

London (CNN) — UK regulators slapped a combined £62 million ($79 million) fine on Citigroup Wednesday for failures in its trading systems that almost resulted in stocks worth $189 billion

City of London calls for financial regulators to find a growth 'mindset'

Britain's regulators lack the mindset to boost growth and the financial sector's global competitiveness, and need parliamentary backing to accept more risk when applying rules, the City of London...

City of London Calls for Financial Regulators to Find a Growth 'Mindset'