Stocks tumble as traders cast doubt on 2025 rate cut
Global stocks fell on Monday, while the dollar hit 26-month peaks following a bumper U.S. jobs report that prompted investors ...
The Banker40m
Commerzbank chair sees little chance of a friendly UniCredit merger; UBS ‘too big’ for Switzerland, warns former finance minister
Commerzbank’s supervisory board chairman Jens Weidmann has cast doubt on the chance of a friendly merger with Italy’s UniCredit following the latter’s surprise acquisition of a significant stake in ...
Business Matters41m
Sterling faces fresh sell-off as soaring borrowing costs could mean Reeves is on borrowed time
Traders are increasingly betting on a significant drop in the pound as concerns mount over the Chancellor Rachel Reeves’s ...