Moody’s chief economist: US debt default would cost economy $15trn
The United States could wipe out 6 million jobs and about $15trn in household wealth if Congress fails to raise the debt ceiling, according to new analysis.
The United States could wipe out 6 million jobs and about $15trn in household wealth if Congress fails to raise the debt ceiling, according to new analysis.
The US Treasury Department has announced for the first time that it will sanction a cryptocurrency exchange for its alleged role in laundering money from ransomware attacks.
Ben Wicks, co-manager of Schroder UK Public Private (SUPP), has stepped down from management of the former Neil Woodford-managed trust to take paternity leave and will not return to the trust.
The Organisation for Economic Co-operation and Development (OECD) has urged central banks and governments to maintain their pandemic-related support despite a rebound in global growth and rising inflation.
Federated Hermes has launched a UCITS version of its Emerging Market Debt fund.
Vontobel has expanded its range of emerging market bond funds with the launch of a fixed maturity credit offering.
Comgest has hired Hannah Rosley as investor relations manager to focus on wholesale relationships including wealth managers, private banks and other intermediaries.
Marlborough has appointed Alastair Caw from Columbia Threadneedle to join in the newly-created role of head of client solutions.
Amanda Burdge, partner at Quantum Advisory, dives into the property sector.