Citigroup profit slips as expenses rise amid sweeping overhaul

Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade

Posted on Wednesday January 14, 2026

The $1.5tn Treasury basis trade boom

The strategy now accounts for over 6% of the US government bond market, according to Morgan Stanley

Posted on Wednesday January 14, 2026

Pension fund sues Hermes over ‘existential gamble’ on wind farms

Claim alleges ‘no competent infrastructure manager’ would have invested in such ‘highly risky’ assets

Posted on Wednesday January 14, 2026

Prudential names Douglas Flint as chair

Former HSBC executive will succeed Shriti Vadera

Posted on Wednesday January 14, 2026

The London investor making billions from Revolut

The VC firm Balderton Capital is cashing in on its home-run bet on the fintech

Posted on Wednesday January 14, 2026

Citigroup profit slips as expenses rise amid sweeping overhaul

Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade

Posted on Wednesday January 14, 2026

How Nigel Farage gets away with it

His two great liabilities, Brexit and Donald Trump, are unmentionable in British politics

Posted on Wednesday January 14, 2026

Iran’s chief justice urges regime to swiftly ‘punish’ protest detainees

Move comes despite Trump’s threat to ‘take very strong action’ if Tehran executes demonstrators

Posted on Wednesday January 14, 2026

Japan’s Takaichi to call snap election

Prime minister hoping to consolidate grip on power by winning majority for ruling party

Posted on Wednesday January 14, 2026

Why Japan has fallen for its new prime minister

Sanae Takaichi hopes to convert personal popularity into solid electoral gains for ailing ruling party in expected snap vote

Posted on Wednesday January 14, 2026