Britain Financial News

23.02 / 19:31

markets Bitcoin Bitcoin Price Bitcoin rally stalls at $39.2K but BTC price metric suggests local bottom could be here

Bitcoin (BTC) checked its latest advance on Feb. 23's Wall Street open as Russia repercussions continued to play out.

23.02 / 17:57

FIVE UK Prime Minister Boris Johnson sanctions five Russian banks, three oligarchs: ‘We must brace ourselves… Putin’s venture in Ukraine must fail’

UK Prime Minister Boris Johnson has slapped sanctions on five Russian banks and three high-net-worth individuals, as part of the “first tranche” of sanctions against the country following its movement of troops into two breakaway Ukrainian regions.

23.02 / 17:17

Government Law AML Crypto-asset Uphold becomes registered crypto-asset firm in UK post-FCA approval

A European subsidiary of United States-based crypto trading platform Uphold has received approval from the United Kingdom's Financial Conduct Authority (FCA).

23.02 / 16:21

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.

23.02 / 14:47

Barclays freezes millions in unvested share awards to Jes Staley amid probe linked to Jeffrey Epstein

Barclays has frozen payments to its former chief executive, Jes Staley, potentially worth tens of millions of pounds as UK regulators investigate his links with former financier and convicted sex offender, Jeffrey Epstein.

23.02 / 14:29

BitPanda Platform mergers FCA Warns Companies on Crypto Mergers

The crypto market in the UK received a warning from the financial watchdog following an acquisition announcement by Bitpanda.

23.02 / 14:15

Adoption Bitcoin crypto law Mexican senator to propose crypto law: ‘We need Bitcoin as legal tender’

Amid El Salvador reporting on cases of the positive impact of the country’s Bitcoin (BTC) adoption, a government official in Mexico has once again urged that the country should follow El Salvador’s example on Bitcoin.

23.02 / 12:53

business regulation advertisement Indian Five key takeaways from the official Indian crypto ads guideline

The Advertising Stands Council of India (ASCI) released a set of 12 guidelines for promotions and advertisement of virtual digital assets (VDA), including cryptocurrencies, on Wednesday.

23.02 / 12:23

Citi Landmark More than half of Black City employees fear being stereotyped

More than half of Black staff in UK financial services are worried about being judged by their co-workers based on stereotypes, according to a landmark survey on inclusion in the City.

23.02 / 12:11

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.

23.02 / 12:11

regulatory Barclays freezes millions in unvested share awards to Jes Staley amid regulatory probe

23.02 / 11:37

Germany Puts Nord Stream 2 Pipeline On Hold Amid Ukraine Crisis, Raising Supply Worry

Russia’s troop deployment to two breakaway regions of Ukraine threatens to extend Europe’s energy crisis, after Germany put a major natural-gas pipeline on hold and traders grew concerned Moscow would withhold gas in retaliation.

23.02 / 11:05

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 / 10:35

CEO Barclays full-year net profit quadruples as corporate and investment bank booms

LONDON — Barclays on Wednesday reported a full-year net profit of £6.38 billion ($8.67 billion) for 2021, ahead of analyst expectations of £5.75 billion, as its corporate and investment banking division boomed.

23.02 / 08:41

European Union Live: Invading Ukraine was Putin's 'plan all along', Washington says

An invasion of Ukraine was Russian President Vladimir Putin's plan "all along", the US's top diplomat said, calling off a scheduled meeting with his Russian counterpart.

23.02 / 03:05

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.

22.02 / 18:01

Citi regulatory Government fires starting gun on post-Brexit regulatory overhaul with ‘bold’ Solvency II change

The UK government has put insurance sector regulation in its crosshairs as it begins a planned overhaul to the EU rules that governed the City before Brexit.

22.02 / 16:47

FIVE UK Prime Minister Boris Johnson sanctions five Russian banks, three oligarchs: ‘We must brace ourselves… Putin’s venture in Ukraine must fail’

22.02 / 16:11

Adoption Tourism Bitcoin Tourism in El Salvador up 30% since Bitcoin adoption, minister says

El Salvador’s adoption of Bitcoin (BTC) as legal tender in September 2021 has triggered a notable surge not only for its gross domestic product (GDP) but also for the local tourism development.

22.02 / 15:51

Russia set for sanctions hit as US, EU and UK pledge tough retaliation over Ukraine

The US and its European allies are set to announce tough new sanctions against Russia after President Vladimir Putin formally recognised two breakaway regions in eastern Ukraine and ordered the deployment of troops there.

22.02 / 15:15

UPS Waves fall Sharp fall in fintech share prices could trigger wave of sector deals

The European fintech sector enjoyed an extraordinary boom last year. The pandemic drove more activity online, boosting growth prospects, and investment poured in, juicing up valuations.

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