SEC advisory group calls for leveraged ETF name change
Regulator’s advisory committee says non-traditional ETFs risk being confused with traditional funds
Financial & markets regulation
HSBC exit a sign of Canary Wharf’s post-pandemic woes
Bank’s departure is latest blow to the east London financial district that rose in the wake of Thatcher’s ‘Big Bang’ reforms
Investment Banking
Private credit finds its next big target: investment grade debt
Blue-chip companies bypass banks and bond markets to borrow from industry with $1.4tn war chest
Mergers & Acquisitions
Will Canary Wharf become a financial ghost town?
Plus, a Chinese blockbuster IPO poses a $9bn dilemma for western banks and the succession question plaguing Italy’s fashion houses
Mergers & Acquisitions
Hong Kong’s crypto push puts HSBC and StanChart in a bind
Regulators keen for banks to take on exchanges as clients but that might expose lenders to money-laundering risks
Financial & markets regulation
Ecommerce: TikTok’s high views are no match for Amazon logistics
Video app wants to cash in on the boom in online shopping but faces obstacles that the US giant does not
Ecommerce
IMF warns central banks of ‘uncomfortable truth’ in inflation fight
Need to resolve financial vulnerabilities may take precedence over meeting price growth targets, says fund’s Gopinath
Central banks
Five AI gadgets making the most of machine learning
A soundbar that tracks your ears, a bicycle that learns your pedalling technique… and more
Artificial intelligence
Fenway Sports Group to join Tiger Woods-backed virtual golf league
Liverpool FC and Red Sox owner takes stake in new tournament played on a simulator
Travel & leisure industry
Biotech begins human trials of drug designed by artificial intelligence
Insilico Medicine says trial of lung disease therapy is milestone for generative AI in drug development
Artificial intelligence