By Ali Lyon Bank of England governor Andrew Bailey has warned of the dangers associated with paring back financial regulation, in a speech in which he also denied that the abundance of red tape foisted on the financial sector after the Great Financial Crash had impeded economic activity. Addressing the Klass Knot Farewell Symposium, Bailey, who was recently made chair of the Financial Stability Board, argued that even as the “pro-cyclical tide” turns toward more deregulation, central bankers should not be prohibited from “collecting necessary data in new areas of risk” “There is no trade-off b...
Novak Djokovic is gearing up for his 11th appearance at the Shanghai Masters as he makes his return to the ATP Tour. The Serbian star has not played since the US Open, where he was knocked out in the semifinals by Carlos Alcaraz, who went on to win the tournament. His schedule this year has been a light one, with Shanghai marking only his 12th event of the season. Since June, Djokovic has only competed in Grand Slam events. Before his return, Djokovic was asked to comment on Alcaraz’s recent criticism of the tennis schedule, and he addressed it in detail. Novak Djokovic shares his view on ATP ...