Bloomberg Barclays appointed John Kingman to replace Crawford Gillies as chair of Barclays UK, one of a number of board changes the bank is making as two of its long-standing directors step down. Kingman, who is chair of Legal & General Group Plc and whose former roles include positions at the UK Treasury and Rothschild, will join the board ...

  Bloomberg The dollar held just off nine-month lows against the euro and a group of other currencies, after a slew of Federal Reserve officials laid out the case for a downshift in the US central bank’s rate-tightening campaign, while concerns about a potential economic downturn weighed on equities. Investors are increasingly contrasting the US picture with a relatively rosier ...

  Bloomberg The pause in the stock market’s strong start to 2023 underscores the main question vexing much of Wall Street: When will it be safe to start buying again? Yes, markets have grown increasingly confident that the slowdown in inflation will allow the Federal Reserve to soon end the cycle of aggressive interest-rate hikes that last year drove the ...