Jennifer Surane

3 weeks ago | bloomberg.com | Meg Short |Jennifer Surane

The London Stock Exchange Group Plc headquarters in London. Photographer: Hollie Adams/Bloomberg(Bloomberg) -- Argentex Group Plc, the currency management firm that faced a “rapid and significant” cash squeeze in the wake of US President Donald Trump’s tariff announcements, said it’s weighing a sale to IFX Payments after rejecting two other offers.

3 weeks ago | bloomberg.com | Jennifer Surane |Yizhu Wang

C.S. Venkatakrishnan. (Bloomberg) -- The US dollar will “absolutely” remain the world’s only reserve currency, Barclays Plc Chief Executive Officer C.S. Venkatakrishnan said, even amid economic upheaval created by the Trump administration’s tariff policies. “It’s 100 years of dollar strength, so much so that important commodities — gold, oil — are denominated in dollars,” Venkatakrishnan said in an interview with David Rubenstein at the 2025 Sell-Side Leaders Forum.

3 weeks ago | bloomberg.com | Paige Smith |Jennifer Surane

Charles Schwab has sought to differentiate itself as the elder statesman among a handful of relative newcomers to investing and wealth management. (Bloomberg) -- Charles Schwab Corp.’s daily average trades exceeded expectations as retail investors rushed to respond to market volatility in the first three months of the year, with company executives saying drivers of future earnings are in flux.

3 weeks ago | bloomberg.com | Jennifer Surane

A Barclays Plc bank branch in Chelmsford. (Bloomberg) -- Barclays Plc will work with Brookfield Corp. to offload some of its payments business, as part of the lender’s push to boost returns. Barclays agreed to inject £400 million ($529 million) as part of a deal to turn the payments unit into a standalone company, according to a statement Thursday.

1 month ago | news.bloomberglaw.com | Alice Gledhill |Jennifer Surane

The Bank of England said hedge funds have faced “significant” margin calls from their prime brokers as they navigated extreme market volatility in the aftermath of US President Donald Trump’s tariff announcements and warned that the risk of “further sharp corrections” remains high.