UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
ZURICH (Reuters) – Billionaires increased in numbers and overall wealth last year, Swiss bank UBS said on Thursday, with the for..
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Public investors with $4.3 trln are down on China but in on net zero
LONDON (Reuters) – Public pension and sovereign wealth funds managing $4.3 trillion in assets are pessimistic about investing in..
Finance
Exclusive-Four banks quit initiative assessing climate targets-sources
LONDON (Reuters) -Four major banks, including Standard Chartered Plc and HSBC Plc, have quit a United Nations-backed initiative to scr..
Finance
Swedish property problems could accelerate price drops in Denmark, central bank says
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark’s central bank said on Tuesday that the risk of further price d..
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Britain to promote share ownership in bid to encourage London IPOs
LONDON (Reuters) – Britain plans further measures to encourage people to buy shares in an effort to boost economic growth and he..
Business
UK’s FTSE 100 dips on miners, energy drag
By Shashwat Chauhan (Reuters) -UK’s FTSE 100 slipped on Monday, as losses in heavyweight energy and mining stocks chipped away ..
Finance
Baer says exposure to single group tops 600 million francs, as Signa crisis deepens
ZURICH (Reuters) -Julius Baer, which has been expected to write down some loans to troubled property group Signa, said on Monday it h..
Business
Marketmind: Markets turn risk-averse after bumper month
A look at the day ahead in European and global markets from Wayne Cole. Asia started Monday in hesitant fashion and has turned steadi..
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BoE’s Bailey says getting inflation to 2% will be ‘hard work’
LONDON (Reuters) -Bank of England Governor Andrew Bailey said getting inflation down to the central bank’s 2% target will be ..
Finance
Stocks snooze in Thanksgiving lull, still on course for best month in three years
LONDON/SYDNEY (Reuters) -Global shares drifted on Friday in the absence of guidance from Wall Street, which was closed for the Thanksg..
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