BlackRock hits $12.5tn in assets as bank results season gets under way

Flurry of financial sector reports expected to show investment banking still in the doldrums for another quarter
Trump asked Zelenskyy if Ukraine could hit Moscow, say people briefed on call

US president encouraged Ukrainian leader to step up deep strikes on Russia
BoE delays part of post-financial crisis banking reforms

One-year delay to part of Basel III package designed to ease capital requirements for British lenders
FTSE 100 hits 9,000 points for first time

UK stocks benefit from investors diversifying away from US
Nvidia gets nod from Washington to resume sales of H20 China chip

Leading AI chipmaker had taken $4.5bn writedown after tightening US controls banned export of its key product
BDO’s audit work strongly criticised by UK regulator

FRC says mid-tier accounting firm must improve its scrutiny of companies’ financial statements