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Meet Charlie Nunn, the new man at the top of a banking giant

People Correspondent

What is it like taking over a bank with some £871bn in total assets?

Charlie Nunn, the new chief executive officer of FTSE-listed lender Lloyds Banking Group, has kicked off his first day with a blog post offering a bit of insight, as well as a little more detail on his plans for the months ahead.

Meet Charlie Nunn – Lloyds’ new CEO – on his first day in the job

Lloyds’ new CEO on his first day in the new job

Bérengère Sim

Lloyds Banking Group

Accenture

HSBC

Artificial intelligence and private equity are threatening to transform consulting

Why UBS needs to beat Barclays to become a top investment bank

BlackRock’s drive into private assets should worry smaller rivals — again

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

Barclays poaches Citi managing director for wealth private credit push

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Dale Walsh will accelerate growth of the private bank and wealth management’s lending business

Northern Trust taps UN pension fund for head of international role

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Pedro Guazo, who joins in August, will also oversee the $1.3tn asset manager’s responsible investment platform globally

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The hedge-fund billionaire also paid a record $43.2 million for a copy of the U.S. Constitution four years ago.

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The 51-50 vote on tax and Medicaid cuts sends the measure back to the House ahead of President Trump’s July 4 deadline. Vice President JD Vance cast the tiebreaking vote.

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The brokerage will allow European customers to trade more than 200 U.S. stocks and ETFs as digital tokens and is developing its own blockchain.

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Financial services companies like BNY and JPMorgan say AI’s capabilities are taking more and more cues from the way humans work.

Central bankers have conceded that they underestimated the impact of interruptions to supply on prices, having been more used to focusing on demand surges as a source of inflation.

ECB’s New Strategy Emphasizes ‘Forceful’ Responses to Inflation Shifts

The S&P 500 has now added more than 9% since President Trump announced sweeping tariffs.

From Tariff Pain to Record Highs, a Wild Quarter on Wall Street

The buyback program delivers on UBS’s plans to hand money back to shareholders after the Swiss government proposed tougher capital rules for the bank earlier this month.

The firm had big ambitions for three resorts with views of the Aegean Sea. It recently sold the properties, barely breaking even.

Goldman Sachs Scraps Plans to Build Hotel Brand in Greece

Blockbuster tie-ups continued in the second quarter in industries relatively insulated from tariffs.

By Ben Glickman, Miriam Gottfried and Corrie Driebusch

Wall Street Hangs On to Hopes for a Boom in Deals

Sixth Street’s Alan Waxman thinks his publicly traded rivals are turning private credit into a commoditized, lower-returning business.

By Miriam Gottfried | Photographs by Jason Henry for WSJ 

A Pioneer in Private Credit Warns the Industry Is Ruining Its Golden Era

Carney and Trump will try to reach an agreement by July 21, a Canadian spokeswoman said.

By Vipal Monga in Toronto and Paul Vieira in Ottawa 

Canada Rescinds Digital-Services Tax to Salvage Trade Discussions With U.S.

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