Britain Financial News

30.01 / 09:01

Blockchain Police Rug Pull Cyber Cyber vigilante hunts down DeFi scammers running away with $25M rug pull

In the world of digital finance, where the weapon of choice for a heist is a computer rather than a semi-automatic firearm, tracking down scams and frauds from across the world becomes a near-impossible feat for centralized police forces.

29.01 / 18:03

business Stablecoin Adoption PayPal PayPal stablecoin: What it could mean for payments

PayPal confirmed on Jan. 8 it is “exploring a stablecoin” that could be called PayPal Coin after a developer found evidence of such a stablecoin within the source code of the company’s iPhone app.

29.01 / 13:01

Digital CEO Landmark Strategy Nutmeg CEO: ‘A lot of people will have their fingers burned with meme stocks’

The boss of Nutmeg criticised meme stock investors as the UK digital wealth manager looks to attract an array of new investors through a landmark tie-up with JPMorgan.

28.01 / 20:17

Blockchain Ripple XRP SEC letter SEC vs Ripple: Ripple responds to SEC’s letter to strike their fair notice defense

The United States’ Securities and Exchange Commission’s lawsuit against Ripple is once again heating up the courtroom, even in the middle of winter. After several tussles between the American regulator and the blockchain company over extension requests, the SEC has filed a Letter of Supplemental Authority. This adds to its motion to strike at a major pillar in the case – Ripple’s Fair Notice Defense.

28.01 / 18:44

Art Report Boris Johnson: London's Metropolitan Police weigh in on Sue Gray's 'partygate' report

A key report into alleged lockdown-breaching parties at 10 Downing Street could be delayed by London's Metropolitan Police.

28.01 / 17:39

Government advertisement Clampdown on crypto ads: A one-off or a new phase of global regulation?

Over the last week, regulators in three major jurisdictions across two continents introduced new rules governing cryptocurrency-related promotions and advertisements. Citing consumer risks associated with digital asset investments, authorities in the United Kingdom, Singapore and Spain tightened the requirements around crypto firms’ marketing messaging and customer recruitment practices. While some experts view this emerging trend as a sign of a new global phase of cryptocurrency regulation, questions about the efficiency and universal applicability of this approach persist.

28.01 / 16:01

Deutsche Bank’s Sewing ‘very concerned’ about spiralling banker pay

Deutsche Bank is “very concerned” about the war for talent in banking, but has hiked compensation so it remains competitive, its chief executive Christian Sewing said.

28.01 / 15:15

Citi UK regulation ‘most favourable in the world’, City of London Corporation says

UK financial services firms have the world's most agreeable regulations, the City of London Corporation said, as new research suggests the City held onto its top spot for financial and professional services business for the second year in a row.

28.01 / 15:15

Drop FCA draws blank on fund managers breaching 10% portfolio drop duties

The Financial Conduct Authority is unable to say how many fund managers are flouting rules that require them to notify investors when their portfolios suffer a double-digit drop.

28.01 / 14:15

Digital CEO Landmark Strategy Nutmeg CEO: ‘A lot of people will have their fingers burned with meme stocks’

The boss of Nutmeg criticised meme stock investors as the UK digital wealth manager looks to attract an array of new investors through a landmark tie-up with JPMorgan.

28.01 / 12:11

Art NATO Kyiv 'People in Ukraine are ready for war': Kyiv residents speak on Russia tensions

While countries such as the US and the UK have advised their citizens to strongly consider leaving Ukraine over the possibility of a Russian incursion, in Kyiv, officials have projected a certain calm.

28.01 / 07:13

Adoption regulation UK government Disgraced MP tells Parliament UK can be the 'home' of crypto

The former Secretary of State for Health and Social Care and current U.K. Member of Parliament (MP) Matt Hancock urged the House of Commons to make England the “home” of crypto.

28.01 / 03:09

Drop FCA draws blank on fund managers breaching 10% portfolio drop duties

The Financial Conduct Authority is unable to say how many fund managers are flouting rules that require them to notify investors when their portfolios suffer a double-digit drop.

27.01 / 18:03

Blockchain Adoption Bitcoin Around El Salvador in 45 days: A Bitcoin-only travel story

El Salvador adopted Bitcoin (BTC) as legal tender over four months ago on Sept. 7, 2021. Bitcoiners around the world have been watching with intent as the president of El Salvador, Nayib Bukele, attempts to “orange-pill” an entire nation.

27.01 / 16:05

Deloitte Deloitte UK tells staff to take public holidays when they want

Deloitte UK has told its staff they can take public holidays whenever they want, as part of a new approach to flexible working post-pandemic.

27.01 / 15:47

Citi UK regulation ‘most favourable in the world’, City of London Corporation says

27.01 / 14:17

Tilney, Ascot Lloyd eye sale options as wealth manager M&A boom continues

Tilney Smith and Williamson, the UK's third-largest wealth manager, has appointed bankers to explore options for the future of the business, Financial News has learned.

27.01 / 12:55

Deutsche Bank’s Sewing ‘very concerned’ about spiralling banker pay

Deutsche Bank is “very concerned” about the war for talent in banking, but has hiked compensation so it remains competitive, its chief executive Christian Sewing said.

27.01 / 11:35

COST Threat NOT Martin Gilbert: Asset managers must not ignore the threat of inflation

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

27.01 / 09:23

Citi Citigroup Citigroup plans £100m redesign of Canary Wharf headquarters

Citigroup is embarking in a major redesign of its UK headquarters in Canary Wharf as the US bank overhauls its offices to capitalise on growing demand for flexible working.

27.01 / 03:11

Tilney, Succession, Ascot Lloyd eye sales as wealth manager M&A boom continues

Tilney Smith and Williamson, the UK's third-largest wealth manager, has appointed bankers to explore options for the future of the business, Financial News has learned.

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