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April 2021

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Archegos Losses: UBS Takes Unexpected $774 Million Hit

27th April 2021
The Swiss bank’s profitable first quarter was overshadowed as the total Archegos fallout climbed past $10 billion.
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UK Economy Expected to Grow at Fastest Rate on Record

26th April 2021
New forecasts for the UK’s economy in 2021 predict the highest growth rates seen since the second world war.
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How the Forex Market is Regulated

26th April 2021
As in any market, the major players in forex are subjected to regulations and scrutiny to ensure that they comply with legal and ethical standards.
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3 Reasons Your Business Needs Overdraft Protection

26th April 2021
From covering cashflow gaps to accounting for unexpected expenses, overdraft protection can become an essential part of safeguarding your business's finances.
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Credit Suisse Posts ‘Unacceptable’ Archegos Loss

22nd April 2021
The Swiss bank has raised around $2 billion from investors to boost its balance sheet following the loss.
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FTSE 100 Rebounds After Worst Day in Two Months

21st April 2021
After plummeting on Tuesday amid fears for travel and hospitality, a rise in commodity stocks helped the index to rally.
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Meme Stocks: Dogecoin Rises as Bitcoin Falls Back

20th April 2021
Reddit and Twitter users are urging retail investors to buy up the joke token and raise its price to $1.
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Financial Services Shift £1 Trillion in Assets to EU

20th April 2021
Banks and finance firms in the City of London have transferred a significant part of their operations to the continent over Brexit.
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JPMorgan to Finance Breakaway European Super League

19th April 2021
The US investment bank is funding a breakaway football league threatening a major shift in the sport’s organisation.
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Danske Bank CEO Resigns Amid Money Laundering Probe

19th April 2021
After being named in connection with a Dutch investigation into his former employer, the former ABN AMRO executive has stepped down.
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US Dollar Strength in 2021 and Beyond

19th April 2021
Economists' expectations for the dollar were soundly beaten in the first quarter of 2021. What shifts can we expect to see in the months ahead?
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Morgan Stanley Flags High Profits and $1 Billion Archegos Loss

16th April 2021
Despite a 150% profit surge, the Wall Street bank’s positive Q1 report was partly overshadowed by its one-off loss.
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