City London Financial News

Police in the Netherlands say they’re still not sure how a stowaway got on board a KLM flight from South Africa to Amsterdam’s Schiphol Airport on Sunday.

Britain’s High Court is set to rule on Monday on whether WikiLeaks founder Julian Assange can take his fight against US extradition to the UK Supreme Court.

Thousands of people gathered in European capitals Saturday to protest vaccine passports and other requirements governments have imposed in hopes of ending the coronavirus pandemic.

Ethereum is starting to test the closely watched $3,000 price threshold as the broader drop in risk appetite in some of the more speculative areas of markets continues to weigh on some of last year’s best performing assets. The second largest cryptocurrency by market value after Bitcoin fell for a fourth day Wednesday, dropping as much as 3.7% to $3,048, according to data compiled by Bloomberg. The last time that Ether, as the native currency of the Ethereum blockchain is known, slid below $3,000 was on Jan. 10. The token surged about 400% last year, compared with a gain of 60% for Bitcoin. Ether is down about 15% in January. Other digital assets were similarly hit by investors’ weakening sentiment. As of 2:10 p.m. in London, Bitcoin was down around 0.6% lower to $42,149. Smaller digital assets known as altcoins were also affected, with Cardano’s ADA token and Solana’s SOL falling as much as 10.1% and 3.7% respectively, according to pricing data from CoinGecko.

The European Union plans to extend a temporary deal allowing UK clearing houses can remain open to EU banks for another three years.

Britain is to crack down on "misleading" advertisements for crypto assets which could harm consumers, the UK Treasury announced on Monday.

The European Union plans to extend a temporary deal allowing UK clearing houses can remain open to EU banks for another three years.

As fresh Covid waves thwart London workers' attempts to return to normality, deal-hungry bankers are holding out hope that precious face-to-face meetings can stick.

Investors hate nothing more than uncertainty. Paul Britton, however, is someone who thrives on it.

Investors hate nothing more than uncertainty. Paul Britton, however, is someone who thrives on it.

As fresh Covid waves thwart London workers' attempts to return to normality, deal-hungry bankers are holding out hope that precious face-to-face meetings can stick.

BlackRock, the world's largest asset manager, paused its return to work programme for London staff amid a rise in the number of Covid-19 Omicron cases in the UK.

BlackRock, the world's largest asset manager, paused its return to work program for London staff amid a rise in the number of Covid-19 Omicron cases in the UK.

“I’ve for a very long time been the most expensive divorce lawyer in London,” Ayesha Vardag says from her plush wood-panelled office overlooking the dome of St Paul’s Cathedral and the statue of Lady Justice atop the Old Bailey.

While 2021 was defined by a boom in sustainable investing, it was also defined by increased scrutiny on firms not living up to their environmental promises. The first stirrings of regulatory attention caused quite the worry across the financial services sector.

Omicron cases have an approximately 15 to 20% reduced risk of hospitalisation compared to the previous Delta variant, researchers from Imperial College London said on Wednesday.

NatWest pleaded guilty to wire and securities fraud, admitting that its traders in London, Singapore and Connecticut engaged in several schemes between 2008 and 2018 to manipulate US Treasury markets.

The last 18 months has seen a fundamental shift in the way we work. As government guidance shifted, the City trudged in and out of the office, attempting to keep up with bumper workloads remotely.

NatWest pleaded guilty to wire and securities fraud, admitting that its traders in London, Singapore and Connecticut engaged in several schemes between 2008 and 2018 to manipulate US Treasury markets.

While 2021 was defined by a boom in sustainable investing, it was also defined by increased scrutiny on firms not living up to their environmental promises. The first stirrings of regulatory attention caused quite the worry across the financial services sector.

Scotland and London have both moved to cancel New Year's Eve celebrations as the United Kingdom is gripped by a surge of COVID infections, driven by the highly infectious Omicron variant.