Iain Withers

Qatar's sovereign wealth fund is revising plans for a revamp of its HSBC skyscraper in London's Canary Wharf to retain more office space, prompted by a global rebound in demand as companies mandate a return to the office, two sources told Reuters.

Saudi luxury real estate developer Dar Global hopes to fund much of its latest Trump hotel in the Maldives by selling blockchain-based crypto tokens to U.S. retail investors, its CEO told Reuters on Tuesday.

Britain's National Wealth Fund (NWF) must be allowed to take risks and back projects that ultimately fail, lawmakers said on Tuesday, as the state-owned investor tries to step up backing for local infrastructure and companies to stimulate growth.

Swedish private equity giant EQT is aiming to more than double its European investments to 250 billion euros ($292 billion) over the next five years, but is urging the region to adopt more pro-growth policies to unlock private capital and better compete with a rampant U.S. market.

The British government launched on Monday a club of 20 of the country's largest pension funds to try to drum up coordinated backing for local infrastructure, as major pension funds pledged 2.6 billion pounds ($3.5 billion) to UK assets.

Senior bankers in Britain will receive their bonuses earlier than previously thought, the Bank of England said on Wednesday, after it halved the length of time needed to qualify as part of efforts to boost UK competitiveness.

Europe's biggest bank HSBC said on Thursday that a trial use of quantum computers to aid bond trading had produced promising results, in a rare example of a major finance company finding early benefits from the emerging technology.

Wall Street bank Citigroup's bill for refitting its tower in London has risen to $1.5 billion (1.1 billion pounds), the company told Reuters, highlighting the challenges of modernising workplaces to attract employees back to offices.

Wall Street bank Citigroup's bill for refitting its tower in London has risen to $1.5 billion (1.1 billion pounds), the company told Reuters, highlighting the high costs of overhauling outdated workplaces as businesses seek to attract staff back into the office.

British insurer Phoenix Group said on Monday it would rebrand as Standard Life from March next year, as its shares suffered their biggest daily drop in nearly five years after half-year earnings that disappointed investors.