SEC lawyers subpoena fund managers over ESG disclosures
Statements on green and social investing seen as ‘fertile ground’ for enforcement division #press
Europe’s airlines clash with Italian premier over planned fare cap
Price ceiling is latest stand-off between corporate world and Giorgia Meloni’s government #press
China is becoming more trouble than it’s worth for US investment banks
Selling shares in Chinese companies offshore used to be a money-spinner — but that’s no longer the case #press
Warren Buffett’s Berkshire builds $814mn stake in housebuilders
Shares in the sector have rallied this year owing to limited supply of new homes #press
Youth activists win landmark US climate legal victory in Montana case
Ruling cheered by environmental groups making similar claims around the world #press
US regulators try to consign emergency bank fire sales to history
Shares of regional lenders fall as FDIC also signals plan to make industry raise more debt #press
The US banking safety net has proved its value
Regional state-backed co-operative banks network has provided essential loans and collateral at times of market stress #press