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UBS sees shift in new billionaires away from entrepreneurs to inherited wealth

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..

Public investors with $4.3 trln are down on China but in on net zero

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..

Exclusive-Four banks quit initiative assessing climate targets-sources

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..

Swedish property problems could accelerate price drops in Denmark, central bank says

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..

Britain to promote share ownership in bid to encourage London IPOs

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..

UK’s FTSE 100 dips on miners, energy drag

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 ..

Baer says exposure to single group tops 600 million francs, as Signa crisis deepens

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..

Marketmind: Markets turn risk-averse after bumper month

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..

BoE’s Bailey says getting inflation to 2% will be ‘hard work’

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 ..

Stocks snooze in Thanksgiving lull, still on course for best month in three years

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..