Sunday , 8 February 2026

Recent Posts

Jeep funds electric future with a 16 MPG gas-power behemoth

  Bloomberg Jeep, the iconic American SUV brand, wants to convince the world it’s going green, even if it doesn’t yet have the electric vehicles to show it. The itinerary of Christian Meunier, the global head of Jeep, shows the two worlds the brand is straddling. For a few days, he was off-roading in Moab, Utah, in electric concept versions …

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Barclays’ ‘opaque’ pension plan deals draw regulatory scrutiny

  Bloomberg UK regulators have warned banks against carrying out complex pension plan deals that are structured to delay any hit to capital reserves, a broadside that analysts say could affect Barclays Plc. The Prudential Regulation Authority (PRA) said in a statement that lenders should avoid entering into agreements that defer the impact of pension scheme contributions as they could …

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Wells Fargo announces $210 million initiative to expand racial equity

  Bloomberg Wells Fargo & Co. announced a $210 million effort to expand racial equity in residential lending after a Bloomberg News investigation found the bank approved Black homeowners seeking to refinance mortgages in the pandemic at a far lower rate than White ones. The firm, the biggest mortgage lender among US banks, is committing $150 million beyond its usual …

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