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Market news

Revolut surges to record profit

02/07/2024 9:07 - UK-based fintech helped by higher interest rates as it grew its customer base ...

FirstFT: Western banks cut jobs in China

02/07/2024 7:07 - Also in today’s newsletter, Iran’s Hizbollah warning on Israel and Siemens Energy to boost grid unit ...

Bankers wary despite jump in US corporate fundraising

02/07/2024 7:07 - First-half activity boosted by companies bringing forward deals to avoid pre-election market volatility ...

Emerging markets are losing their attraction for family offices

02/07/2024 7:07 - Underperformance, geopolitical risk and foreign exchange volatility sends investors seeking US large-cap stocks ...

China ETF assets register ‘explosive’ growth

02/07/2024 7:07 - Booming sector has enjoyed annual growth rate of 40% since 2018 as actively managed funds have slumped ...

Chinese exporters raise fears of Christmas freight crisis

02/07/2024 7:07 - Red Sea attacks have pushed up costs and put pressure on profits during critical season for trade ...

Collapsed FTX-linked lender Silvergate pays $63mn to settle probes

02/07/2024 2:07 - California-based bank had grown as it drew in crypto customers but later failed after billions were withdrawn ...

UK shop prices fall in June as cost of living crisis eases

02/07/2024 2:07 - British Retail Consortium says next prime minister will benefit from supermarkets’ effort to keep costs down ...




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