When trouble strikes, who shadow-banks the shadow bankers?

Absorbing the occasional blow is what sets giant lenders apart from their shadowy cousins

Posted on Tuesday August 11, 2026

Deutsche becomes first European clearing bank for renminbi

China seeks to increase international use of its currency

Posted on Tuesday August 11, 2026

Goldman staff named as suspects in Brazil investigation

Probe concerns shareholder dispute over cancer specialist Oncoclínicas

Posted on Tuesday August 11, 2026

Nvidia becomes the bank of AI

Wall Street groups are working with the chipmaker to assemble a $500bn funding package for AI infrastructure

Posted on Tuesday August 11, 2026

Banks’ refusal to take on crypto firms risks stunting UK industry’s growth, lawmakers say

Parliamentary group asks lenders to clarify rules for serving crypto companies

Posted on Tuesday August 11, 2026

EU border checks double queues at major airports

Peak waiting times hit two hours in Frankfurt and Amsterdam

Posted on Tuesday August 11, 2026

Carbon tax will hit EU’s budget airlines where it hurts

Plans for a wider levy could benefit the bloc’s long-haul carriers but do little for low-cost operators

Posted on Tuesday August 11, 2026

Spain’s migrant amnesty a ‘very bad idea’, says Swedish PM

Ulf Kristersson says mass regularisation threatens integrity of Schengen free-travel zone

Posted on Tuesday August 11, 2026

Hotel prices in Europe surge before historic solar eclipse

Tourists rush to Iceland and Spain to glimpse the first solar alignment of its kind visible from the continent this century

Posted on Tuesday August 11, 2026

The AI threat to India’s IT jobs machine

The country has bet big on tech services but disruption is coming

Posted on Tuesday August 11, 2026