Credit Suisse hires former AMP chief to lead wealth management

Credit Suisse has hired the former chief executive of Australian finance group AMP to run its revamped wealth management division, as the Swiss lender tries to win market share from…

Top Wall Street analysts say buy Rivian and Marvell

RJ Scaringe and team on opening day at Rivian’s manufacturing campus in Normal, IL. Source: Rivian The market volatility in recent weeks is enough to make even the most experienced…

FCA hires law firms and headhunters as staff vacancies mount

The Financial Conduct Authority is recruiting private law firms to help process applications and has spent almost £1m on headhunters this year as it battles to deal with almost twice…

Saudi Real Estate Refinance Company (SRC) issues SAR 2 billion Sukuk, under its existing Sukuk Programme, to increase its support for home ownership in the Kingdom of Saudi Arabia

New funding raised will enable mortgage originators to provide lower mortgage rates and support the housing market, making borrowing more accessible to buyers Issuance helps to deepen Saudi capital markets…

City or real economy: who are the financial markets for?

The indirect benefits that effective financial markets can create by improving overall economic performance vastly exceed any direct benefits that the financial services sector produces through its revenue and employment.…

Food is more expensive than it has been in decades

Restaurant prices spiked 5.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the 12 months ending in November without seasonal adjustments, the Bureau of Labor Statistics said Friday. That’s the largest 12-month increase since the year ended…