HSBC on hiring spree to drive UK wealth division ambitions

Exclusive: Europeโ€™s biggest bank hopes to double UK arm of its wealth and private banking operationsHSBC is recruiting hundreds of bankers to serve rich clients in the UK as it looks to head off growing competition from British rivals and take a larger…

Ukraine strikes deal to delay debt repayments

The deal gives Kyiv vital breathing space, and is set to be flanked by fresh tax increases and money generated by frozen Russian assets.

EU-regulated โ€˜sustainableโ€™ funds invest ยฃ14bn in biggest polluters

Investigation finds funds touting ethical credentials include fast fashion labels and fossil fuel companiesFast fashion labels, fossil fuel companies and SUV-makers are present in EU-regulated โ€œsustainableโ€ funds that tout their ethical credentials in …

Court testimony indicates Jim Biden was in business with โ€˜members of the Qatari governmentโ€™

The alleged arrangements would be some of the closest known links between a Biden relative and a foreign government.

Qatar pledges โ‚ฌ10 billion for key sectors of French economy on state visit

France and Qatar have sealed a strategic partnership under which Qatar has agreed to channel 10 billion euros ($10.85 billion) into start-ups and investment funds in France between 2024 and 2030, the French presidency said in a statement.

Labour gets boozy with the City

SNEAK PEEK โ€”ย  Rachel Reeves schmoozes City bigwigs at London reception. โ€” Defense sector fights back against debanking. โ€” Bank of England hosts talking shop on handling risks to the financial system. Good morning! Welcome to week two of the MFS U.K. newsletter โ€• we made it! We hope you are enjoying it thus far, [โ€ฆ]

British banks head for a Basel win

SNEAK PEEK โ€” U.K. banks look set to get capital relief for SME lending. โ€” Lloyds sets aside ยฃ450 million amid FCA investigation. โ€” Government criticized for delays on sustainable finance. Good morning! Jamesโ€™ excellent scoop got a mention by none other than the Money Saver himself, Martin Lewis. Not too shabby for a newsletter [โ€ฆ]

French quantum sector calls for more EU funding

The EU should support more funding initiatives targeted to deep tech and quantum technologies, according to founders and strategists working within the quantum field in France.