Britain Financial News

25.02 / 12:29

Trump Western Allies Claim their Targetted Russian Sanctions Trump a SWIFT Ban as Russian Occupiers Near Kyiv

The EU claimed it has created a “package of sanctions” that will be “massive and painful” for Russia. It stated that the new sanctions would remove some 70% of Russia’s banking capabilities – but Europe appears utterly divided as to whether it should block banks from an international banking protocol.

25.02 / 09:15

regulation BitMEX Money laundering Arthur Hayes BitMEX founders plead guilty to Bank Secrecy Act violations

The founders of crypto exchange BitMEX have pled guilty to violating the Bank Secrecy Act after a lengthy litigation process with the U.S. Department of Justice (DOJ).

25.02 / 09:15

Blockchain NFT marketing Snow Crash's Metaverse was filled with ads in 1992, and the real one will be too

Neal Stevenson’s Snow Crash, a techno-dystopian science-fiction novel that has become a legend among Silicon Valley tech bros, predicted the rise of a future Metaverse all the way back in 1992.

24.02 / 22:09

UPS Financial Boris Johnson bans sterling clearing in bid to ‘exclude Russian banks from the UK financial system’

The UK has banned Russia from accessing sterling clearing and payment systems as it steps up sanctions over the invasion of Ukraine.

24.02 / 21:35

Gold Bitcoin Bitcoin Shows Surprising Resilience Amid Russia Aggression-Provoked Selloff

Although the price of nearly all risk assets, including bitcoin (BTC) and other major cryptassets tumbled on Thursday as Russia launched a full-scale invasion of Ukraine, some are surprised as BTC performed better than expected and even recovered some of its losses.

24.02 / 21:11

Provident JPMorgan Citigroup restrictions COVID restrictions Citigroup and JPMorgan lift all Covid restrictions for staff in Canary Wharf

Citigroup and JPMorgan have lifted all Covid-19 restrictions in their Canary Wharf headquarters as the UK government has set out its guidelines for living with the virus.

24.02 / 20:03

markets Bitcoin Bitcoin Price bitcoin rises Bitcoin rises above $36K as 24-hour crypto liquidations pass $500M

Bitcoin (BTC) edged higher after Wall Street opened on Feb. 24 with Russia's Ukraine invasion and its aftermath still top on markets' agenda.

24.02 / 18:03

UPS Gap Barclays’ female bonus gap widens to 70% in sign banking is worst for women

The gender pay gap at Barclays widened in 2021, despite increasing the number of women in its senior ranks, as the UK lender increased bonuses for dealmakers and traders amid a surge in profit.

24.02 / 17:33

Provident Citigroup restrictions COVID restrictions Citigroup lifts all Covid restrictions for staff in Canary Wharf

Citigroup has lifted all Covid-19 restrictions in its Canary Wharf headquarters as the UK government has set out its guidelines for living with the virus.

24.02 / 16:55

Government Law Dubai The crypto oasis: How the UAE became the Middle East’s digital asset champion

The United Arab Emirates is reportedly getting ready to start issuing federal licenses for virtual asset service providers (VASPs) by the end of the first quarter of 2022. The move is expected to become part of a complex regulatory framework that the Middle Eastern nation is looking to establish on its way to becoming one of the world’s most crypto-friendly jurisdictions. What could this trajectory look like for the UAE?

24.02 / 16:11

Citi Lawyers compliance Lawyers rush to help City firms as Russia sanctions create compliance minefield

City firms are facing a compliance minefield as the UK government mulls expanding its sanctions against Russia over its invasion of Ukraine.

24.02 / 15:47

Citi Action Fighting China refuses to call Russian attack on Ukraine an ‘invasion,’ deflects blame to U.S.

BEIJING — China's Foreign Ministry spokesperson refused to categorize Russia's attack as an «invasion» during a press conference Thursday.

24.02 / 15:17

Barclays hikes bonuses for senior dealmakers to £825,000

Barclays paid bonuses for top staff in the unit housing its investment bank of £825,550, an increase of 30%, as firms face pressure to reward employees in an ongoing battle for talent.

24.02 / 12:21

Bitcoin play Russia’s Invasion of Ukraine: Bitcoin Set to Play a Role on Both Sides

Bitcoin (BTC) and crypto are likely to play a role in both sides of the conflict after Russia launched a full-scale invasion of Ukraine.

24.02 / 12:17

Citi Target Simmons & Simmons set for US launch in push for tech business

City law firm Simmons & Simmons is set to launch its first office in the US.

24.02 / 11:41

COST Booking Strategy Costs Lloyds’ profit dented by fraud-related costs as bank sets out fresh strategy under Charlie Nunn

Lloyds Banking Group reported a rise in pretax profit for the fourth quarter of 2021 that fell short of market views as it booked high fraud-related costs, and said it intends to launch a share buyback program of up to £2bn.

24.02 / 11:41

Xavier Rolet says ‘boat has sailed’ on London clearing amid Brexit battle for trillion-euro business

It’s one of the thorniest issues around Brexit.

24.02 / 08:13

Ethereum stocks Oil and Gas Bitcoin Bitcoin plunges as Putin announces 'special military operation' in Ukraine

Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would conduct a “special military operation” in Ukraine.

24.02 / 00:03

dealmaking surges Barclays’ investment bank surges by 46% as dealmaking and equities hit new high

Barclays investment bank posted record results in 2021, following Wall Street rivals, as dealmaking hit new highs last year.

23.02 / 19:39

Blockchain Binance coinbase Gaming Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

23.02 / 19:37

UPS Citi London playground for Russian oligarchs threatened by sanctions

The UK is threatening to ratchet up pressure on the Kremlin thousands of miles away in the rich enclaves of London.

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