Standard Chartered to cut 15% of back-office jobs as AI use escalates
Bill Winters’ new strategy aims to ‘drive sustainable growth’ at Asia-focused lender
Posted on Tuesday May 19, 2026SpaceX IPO set to hand $20bn stake to one hedge fund
D1 Capital is among the Wall Street firms in line for big rewards if the rocket maker successfully lists next month
Posted on Monday May 18, 2026Citi strikes €15bn partnership with BlackRock for private European lending
Deal aims to give bank added firepower to finance private equity dealmaking in Europe and Middle East
Posted on Monday May 18, 2026UK plans to relax key banking rules set up after 2008 financial crisis
Chief secretary to the Treasury says softening ringfencing regulations would free up £80bn for extra lending
Posted on Monday May 18, 2026Commerzbank rejects €39bn UniCredit takeover offer
Proposal draws pushback from German lender and Chancellor Friedrich Merz
Posted on Monday May 18, 2026Putin and Xi to discuss huge gas project at China summit
Talks on Power of Siberia 2 pipeline come just days after Donald Trump’s visit to Beijing
Posted on Tuesday May 19, 2026Xi told Trump that Putin might ‘regret’ invasion of Ukraine
US president also suggested they should co-operate with Russian leader against the International Criminal Court
Posted on Tuesday May 19, 2026SpaceX IPO set to hand $20bn stake to one hedge fund
D1 Capital is among the Wall Street firms in line for big rewards if the rocket maker successfully lists next month
Posted on Monday May 18, 2026Burnham vows to reverse privatisation and austerity if he replaces Starmer
Greater Manchester mayor also insists he will not rip up the UK’s fiscal rules
Posted on Monday May 18, 2026Trump says he is holding off attack on Iran planned for Tuesday
US president says UAE, Saudi Arabia and Qatar requested Washington suspend operation ‘for two or three days’
Posted on Monday May 18, 2026