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US bank Silvergate sinks to $1bn loss as crypto crisis takes a toll
Lender braced for ‘sustained period of lower deposits’ even as its faith in digital asset
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Morgan Stanley profits sink 40% on investment banking slowdown
Record revenues in wealth management business not enough to offset impact of deal drought
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Corporate insolvencies climb in England and Wales as costs bite
Year-on-year increase of almost a third in December reflects challenging business climate, say experts
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European stocks waver as investors digest mixed China growth data
Annual GDP undershoots Beijing’s target, while economic expansion in the fourth quarter outstrips forecasts
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Goldman Sachs profits plunge two-thirds in fourth quarter
Wall Street bank embarks on biggest cost-cutting drive since financial crisis
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What the NHS and royal crises in the UK have in common
The British find it worryingly hard to think ill of non-commercial, non-political institutions
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Chinese battery makers strengthen grip on global supply
Electric vehicle boom in Asia’s biggest economy helps CATL and BYD reach worldwide market share
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China’s carmakers outstrip foreign brands in its electric vehicle boom
Fast-growing companies such as BYD, XPeng, Li Auto and Nio are increasingly favoured by consumers
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