Ex-Citi executive says bank sacked her after raising Trump concerns

Former employee claims in lawsuit that she identified issues with risk-management practices

Posted on Tuesday June 16, 2026

Rathbones shares sink 18% as it halts investments by high-risk clients

Wealth manager at risk of near-£1bn hit to inflows

Posted on Tuesday June 16, 2026

EU resists banks’ plea for major overhaul of capital rules

European Banking Authority sets out ‘targeted’ plan to simplify overlapping requirements for lenders

Posted on Tuesday June 16, 2026

Rathbones shares sink 18% as wealth manager halts investments by high-risk clients

Group at risk of near-£1bn hit to inflows as it pauses taking on clients who require ‘enhanced due diligence’

Posted on Tuesday June 16, 2026

Jardine Matheson, titan of Asian commerce, pivots to developed markets

Chief executive Lincoln Pan says portfolio has become heavily skewed towards south-east Asia

Posted on Tuesday June 16, 2026

SpaceX leapfrogs Amazon to become world’s fifth-most valuable company

Elon Musk’s AI, rocket and satellite group also announces $60bn deal for AI coding app Cursor

Posted on Tuesday June 16, 2026

Ex-Citi executive says bank sacked her after raising Trump concerns

Former employee claims in lawsuit that she identified issues with risk-management practices

Posted on Tuesday June 16, 2026

Russian warship fires warning shots towards yacht in English Channel

UK says incident is not linked to Britain’s interception of an oil tanker that is part of Moscow’s shadow fleet

Posted on Tuesday June 16, 2026

Oil sinks below $80 as traders bet Strait of Hormuz flows will return

Brent crude has tumbled to three-month low following agreement to extend US-Iran ceasefire

Posted on Tuesday June 16, 2026

The White House’s capricious controls on Anthropic

An opaque approach to US policy risks hampering AI development

Posted on Tuesday June 16, 2026