ECB summons banks to urge them to fix flaws exposed by latest AI models

Supervisor to stress seriousness of risks to financial system at hastily arranged meeting

Posted on Sunday May 24, 2026

Financial reforms set to give £1.6bn boost to City of London

Government assessment comes as Rachel Reeves champions district as driver of economic growth

Posted on Sunday May 24, 2026

Short sellers reap more than $2.3bn profit betting against gambling companies

Online groups under pressure from jump in prediction markets’ popularity in US and steep tax rises in UK

Posted on Sunday May 24, 2026

Centerbridge in talks to buy stake in $3bn real estate firm

Potential investment in Merritt Properties comes amid a busy stretch for acquisitions in commercial property

Posted on Sunday May 24, 2026

Commerzbank rallies shareholders in fight for independence from UniCredit

At its annual meeting this week, the German lender’s long-suffering shareholders finally had something to cheer

Posted on Sunday May 24, 2026

Trump says US will not ‘rush into a deal’ with Iran as talks continue

Price of oil falls on hopes of an agreement that could reopen the Strait of Hormuz

Posted on Sunday May 24, 2026

Trump says US will not ‘rush into a deal’ with Iran as talks continue

Comments play down hopes of an imminent reopening of the Strait of Hormuz

Posted on Sunday May 24, 2026

Uber weighs higher bid for Delivery Hero after €11.5bn offer rebuffed

San Francisco based-group approached major shareholder in German food group

Posted on Sunday May 24, 2026

Republican hardliners warn Trump is giving up too much in Iran talks

US president is trying to quell an internal backlash from hawks who demand Tehran’s complete surrender

Posted on Sunday May 24, 2026

West Ham relegated from Premier League

Tottenham survive as east London club ends 14-year spell in top flight of English game

Posted on Sunday May 24, 2026