Overhaul could alter the models for hypothetical losses, averaging results over two years to cut results’ volatility

President Nayib Bukele had called prohibition ‘absurd’ despite pushback from environmental and social groups

Two is a trend

Higher interest rates boost margins of NatWest and Barclays

JPMorgan Chase, Bank of America, Citigroup and Wells Fargo account for 44% of earnings

His policies would cement the US currency’s dominance while undercutting the institutional framework that is its bedrock

Banker driving Kensington and Chelsea’s stellar returns explains why he fears the chancellor’s ‘megafunds’

A look back at the five themes that dominated in 2024 — and our top scoops, interviews and longer reads

Emissions at Permian Basin of potent greenhouse gas declined 26% in 2023

The crypto craze celebrates the silliness of digital assets linked to the ephemera of social media

The platform secured its first client last year but the bank is now assessing long-term options

World’s biggest fund manager seeks to elbow its way into industry dominated by the likes of Apollo and Blackstone

But Trump’s impact remains major uncertainty for markets, say strategists

President faces greatest challenge in his third term as leader

Investors piled into fixed income in bet on falling interest rates

Asset manager demands at least £27mn in damages after buying financial adviser platform from mutual

Consumer goods giant which has scaled back some green targets is to combine position with other areas

A scrip still handed out by city of Hawarden is built on sound administration

Convertible bonds to fund bitcoin purchases have been lapped up by investors, but some fear impact if token falls sharply