Britain Financial News

03.03 / 12:27

CEO Bitcoin Mode appoints former Alipay UK chief Rita Liu as CEO

In her new role, Liu will be responsible for driving Mode forward as the firm bids to deliver a one-stop app for users to shop, earn and grow their bitcoin. Says Liu: “Our vision is for Mode to become the UK’s first regulated crypto super app.

03.03 / 11:49

Fallout Bank of England official mulls market correction risk amid Russia-Ukraine conflict

A senior Bank of England official said that a market correction could be on the cards in the wake of escalating conflict in Ukraine.

03.03 / 04:04

business OTC Bitcoin Hong Kong-listed Huobi Tech launches cryptocurrency OTC service

Hong Kong-listed virtual asset platform Huobi Technology Holdings has launched a cryptocurrency over-the-counter (OTC) service, the firm announced to Cointelegraph on Wednesday.

03.03 / 02:47

UPS Target CEO Abrdn’s CEO Stephen Bird targets bloated product range: ‘We’ve got too many funds’

Abrdn, the FTSE 100 asset manager, is ramping up efforts to reduce the number of funds it has on offer to investors in the UK, with its chief executive claiming its landmark merger in 2017 left it bloated with too many products.

02.03 / 21:43

SUN Racing Patrick Martin Gilbert: Funds must adapt to beat passive giants in race to manage $138tn in assets

Martin Gilbert is the co-founder of and former chief executive of Aberdeen Asset Management and Abrdn. He is now chair of Revolut and AssetCo

02.03 / 20:19

Citi fencing Bank ring-fencing review to be published ‘imminently’ as government hints at change

A flagship review into the ring-fencing regime for UK banks will be published "imminently", a top official said, hinting that the government could be open to relaxing rules on City lenders put in place in the wake of the financial crisis.

02.03 / 19:38

LinkedIn Align KPMG condemns Russia amid plans to cut some UK and global clients after Ukraine invasion

KPMG has condemned Russia following its invasion of Ukraine and said it will cut some client relationships, as major consultancies and law firms face increasing pressure to cut ties with the country in the wake of its invasion of Ukraine.

02.03 / 18:09

Twitter Metro Shuts Down ad #FlokiArmy outraged as UK regulator shuts down Floki Inu’s latest ad campaign

Cryptocurrency memecoins such asDogecoin and Shiba Inu saw their valuations explode in 2021. This gave way to further canine cryptocurrencies such as Floki Inu. The relatively cheaper and newer coin for potential investors to jump in, especially after missing DOGE‘s bull run. This was exactly idea here behind promoting this coin.

02.03 / 17:56

UK looks to revamp MiFID II rules as post-Brexit changes to regulation gather pace

The UK government has announced further reforms as part of its review of the UK financial sector in the wake of Brexit.

02.03 / 17:11

cryptocurrency regulation Advertising UK ad UK Advertising Watchdog Bans Floki Inu London Ad Campaign

The UK advertising watchdog Advertising Standards Authority (ASA) has decided to ban an advertising campaign launched by floki inu (FLK), a memecoin named after Tesla and SpaceX founder Elon Musk’s Shiba Inu dog. The move follows earlier calls by local politicians to ban ads featuring unregulated financial products displayed by Transport for London (TfL).

02.03 / 16:17

business Binance Asia stake Binance back in Malaysia via a strategic stake in regulated digital exchange

Binance, the world’s leading crypto exchange by trading volume is returning to the Malaysian markets with a strategic stake in the country’s regulated digital asset trading platfrom MX Global.

02.03 / 10:25

UPS Target CEO Abrdn’s CEO Stephen Bird targets bloated product range: ‘We’ve got too many funds’

02.03 / 03:07

SUN Patrick Martin Gilbert: Fund managers must adapt to survive against the passive giants

Martin Gilbert is the co-founder of and former chief executive of Aberdeen Asset Management and Abrdn. He is now chair of Revolut and AssetCo

02.03 / 00:29

Refugees Watch: Diplomats walk out during Sergey Lavrov speeches in protest at Ukraine invasion

Hundreds of diplomats staged walkouts on Tuesday while Russian Foreign Minister Sergey Lavrov was speaking, protesting his country's invasion of Ukraine.

01.03 / 20:29

Abrdn brings bonuses back after profit jumps 47%

Abrdn, the UK-listed asset manager, plans to pay bonuses to staff again after an almost 50% jump in profit and its first full-year increase in revenue since the 2017 merger between Standard Life and Aberdeen Asset Management.

01.03 / 19:47

European Parliament Refugees Ukraine war: Ukrainian translator gets emotional during Zelenskyy's EU speech

The official Ukrainian-English interpreter for the European Parliament appeared overwhelmed with emotion as he translated a speech by Ukraine’s President Volodymyr Zelenskyy.

01.03 / 18:09

European Parliament Refugees Listen: Ukrainian translator gets emotional during Zelenskyy's EU speech

The official Ukrainian-English interpreter for the European Parliament appeared overwhelmed with emotion as he translated a speech by Ukraine’s President Volodymyr Zelenskyy.

01.03 / 17:13

LinkedIn Align KPMG condemns Russia amid plans to cut some UK and global clients after Ukraine invasion

01.03 / 11:25

Abrdn brings bonuses back after profits jump 47%

Abrdn, the UK-listed asset manager, plans to pay bonuses to the majority of its staff again after an almost 50% jump in profits and its first full-year increase in revenues since its 2017 merger.

01.03 / 10:45

UK plans further sanctions against Russia — set to hit more than 100 firms and oligarchs

The UK said it would work together with the European Union and the US to issue more sanctions in response to Russia’s invasion of Ukraine.

01.03 / 09:03

VISA MasterCard Research Bitcoin Cambridge University launches crypto research project with IMF and BIS

The University of Cambridge is collaborating with some of the world’s top banking institutions and private companies to introduce a new project targeting cryptocurrency research.

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