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Banking 14 Oct 2014 | 2:51 PM

Banking and the elusive good death

REUTERS: There is a striking parallel between the US health system, in which there is a marked unwillingness to speak frankly with dying patients about the costs and benefits of heroic measures, and the global banking system, in which the largest too-big-to-fail banks exist in a strange reality in which death is discussed endlessly but still practically impossible.

Banking 17 Jul 2017 | 3:28 PM

Bank of England wants less Libor-centric financial world

LONDON: Interest rates used to price financial contracts worth trillions of dollars globally should in future be based on actual market transactions and not banks’ judgments, Bank of England (BoE) governor Mark Carney said in minutes of a meeting released on Monday.

Business 03 May 2019 | 12:00 AM

Europe tries to sidestep the US finance system

The standoff between the Trump administration and Iran is escalating, and Europe is caught in the middle.

Business 28 Jun 2019 | 12:04 AM Premium

China to insist US lift Huawei ban as part of trade deal

Xi to present Trump with terms for settling fight, including asking the U.S. to lift all punitive tariffs

Business 27 Jul 2019 | 12:00 AM

A destination south of the Thames

THE air was still. Nothing moved. Only the sun shone.