The Bank of England has warned that Britain could enter a recession, prompting calls for the government to introduce a new package of emergency financial support for households, according to The Guardian.
China’s regulators met with foreign and domestic banks in an emergency meeting to determine how to protect the country’s overseas assets from US-led sanctions similar to those imposed on Russia, according to the Financial Times.
The Financial Times reports that the US, EU and UK are imposing the toughest sanctions yet against Russia’s biggest banks and bankers as the western allies ramp up their economic punishment of Moscow in response…
The Guardian says an investigation has linked more than £13bn of global assets, including offshore bank accounts, yachts, private jets and luxury properties in London, Tuscany and the French Riviera, to 35 oligarchs and Russian…
The Financial Times reports that borrowing costs for southern Eurozone governments jumped close to pre-pandemic highs on Monday as investors adjusted to signs that the European Central Bank could raise interest rates as soon as…
The European Central Bank has warned
lenders with significant Russian exposure
to ready themselves for the imposition
of international sanctions against
Moscow if it invades Ukraine, reports the Financial Times.
Lloyds Banking Group is expanding its ambitions in property, the Financial Times says.
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