BoE governor set to serve three-year term at Financial Stability Board from July

The concern now among bankers and hedge fund managers is that something, somewhere could break

US, European and Asian indices fall as traders raise bets on Federal Reserve rate cuts

Trump welcomes fall in oil price as he signals he is pushing ahead with sweeping tariffs

The fallout from ‘Liquidation Day’

If global long-only funds start to rotate out of risk the market, turmoil could get worse

And a warning from Canada’s job numbers

Plus, Fink warns on protectionism, US junk bonds sell-off, and the Dolce Vita Orient Express

And what can still be done about it

Deal dispels fears Australian energy group would struggle to find partners for major US development

Corporate payments group secured $5.6bn valuation in 2022 and aims to compete with global banks

Government guarantees on securitised home loans make them generally low risk — but Trump’s policymaking raises concerns

Greece’s Yannis Stournaras says looming trade war will drag down both growth and inflation

Developers will have to reapply for consent for Rosebank and Jackdaw projects after landmark Finch ruling

World’s most traded cryptocurrency does not currently accept customers in the US

The country will effectively have deciding vote on whether to hit back hard against US tariffs

Government proposes lighter regulatory regime in push to encourage investment

Asian and European indices and US futures fall in wake of worst week for Wall Street equities since pandemic

Pensions and endowments seek exit from battered portfolios in blow to buyout industry