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Kevin McCarthy: ‘If you don’t want to govern, why be a part of it?’
The former US Speaker on getting voted out of the job, his relationship with Donald
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Morgan Stanley to pay $249mn to settle US block trading probes
Bank settles with SEC and agrees non-prosecution deal over leak of confidential information ahead of
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Citigroup plans 20,000 job cuts as it reports worst quarter in 15 years
Bank reports $1.8bn fourth-quarter loss after taking $4bn in one-off charges
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China’s military warns against Taiwan independence ‘plots’ ahead of election
Beijing underlines threat of force hours before Taiwanese voters go to polls to elect new
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JPMorgan reports record annual profits on interest rate windfall
Biggest US bank forecasts earnings from lending will continue to grow even if Fed starts
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BlackRock to buy Global Infrastructure Partners for $12.5bn
Deal would create world’s second-biggest infrastructure firm and shake up private market investing
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Shippers turn to air freight to alleviate Red Sea crisis
Mix of sea and air favoured to avert delays on Asia-Europe routes while limiting costs
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Geopolitical shocks test Tories and throw uncertainty on their fortunes
Covid pandemic and other global events have forced the Conservative party into making difficult choices
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