Banking and Financial Institutions – Page 154

U.K. Moves to Use Frozen Russian Assets to Help Ukraine Rebuild

The government’s announcement follows a pledge made by Group of 7 nations at their annual gathering last month to freeze Russian assets until Moscow pays for the damage done in Ukraine.

By Patricia Cohen

Banking and Financial Institutions China Economic Conditions and Trends Mortgages People's Bank of China

China’s Central Bank Cuts Loan Prime Rates

The reduction in the rates, which are used to set corporate loans and home mortgages, signal concern that the country’s post-pandemic rebound is stalling.

By Keith Bradsher

Banking and Financial Institutions Interest Rates Mortgages New Zealand Real Estate and Housing (Residential)

New Zealand House Prices Have Crashed, Wiping Out Billions in Wealth

In New Zealand, high interest rates have sent property prices sliding nearly 18 percent since November 2021.

By Natasha Frost

Banking and Financial Institutions Financial Times Hedge Funds London (England) Odey Asset Management LLP Odey, Crispin Sexual Harassment

Crispin Odey and His Hedge Fund Rocked by Sexual Assault Allegations

After accusations were published in Britain, Crispin Odey was severed from his own investment firm, which is now dissolving itself.

By Michael J. de la Merced