Citi Financial News
01.11 / 13:47
Citi
FIVE
HSBC
Lansdowne boss Brian Heyworth: ‘Leadership is the bit I’ve enjoyed most’
When a headhunter called Brian Heyworth to ask if he would like to help run Lansdowne Partners, it was “an incredibly easy decision to make”, he says.
31.10 / 14:55
Citi
City competition probe drags on as experts slam ‘mystery’ delays
A £3m probe into suspected anti-competitive practices across the City has stalled again, with compliance experts none the wiser as to what has caused repeated delays.
31.10 / 11:59
31.10 / 03:11
UPS
Citi
Black History Month: Can the City catch up on diversity?
October marks the annual month-long commemoration of the history of Black people in the UK.
28.10 / 17:17
Citi
Police
South Korean Public Official ‘Used Bribes to Buy Crypto,’ Police Claim
Yet another South Korean government worker appears to have used ill-gotten gains to fund their crypto cravings: After reports that a public official fled abroad with $2.8 million worth of stolen public funds that has been converted to crypto, it has emerged that another former official may have been extorting money from outsourcing firms – and spending it on crypto.
28.10 / 15:07
28.10 / 12:41
Blockchain
Citi
Provident
Digital
Portugal's fintech sector passes €1bn milestone
According to the Portugal Fintech Association's annual report for 2022, fintechs have raised an aggregate of €1.08bn to date.
28.10 / 10:13
cryptocurrency
Citi
Bitcoin
Britain Proposes New Regulation Of All Crypto Assets
Representations of bitcoin and pound banknotes
28.10 / 02:27
Citi
Why higher rates are scant comfort for the City after weeks of turmoil
Be careful what you wish for. For years, the City has been looking forward to the time when interest rates would recover to more normal levels, allowing them to make more money on deposits and lending. But firms hardly expected higher rates to be accompanied by political meltdown. Some may now feel a bit nostalgic for the bad old days.
27.10 / 14:29
Citi
Bitcoin
UK Parliament Votes to Recognize Crypto – Will Britain Become a Crypto Hub?
Lawmakers from the House of Commons, the lower chamber of the British parliament, have voted to recognize cryptocurrencies as a regulated financial instrument in the UK, supporting the crypto’s price increase. The move could mark another step towards establishing the UK as a European crypto hub.
27.10 / 02:19
UPS
Citi
Power
CCLA’s Peter Hugh Smith: ‘If the City wants to be a power for good, it has to come together’
Peter Hugh Smith has one of the most impressive corner offices anywhere in the City.
26.10 / 18:35
Citi
Career
City workers silent on neurodiversity over career limitation fears
Neurodivergent professionals believe their career prospects will be limited if they are honest about their condition, a study by The Diversity Project has found.
26.10 / 17:55
Blockchain
Citi
Crypto Exchange
Deal
Crypto.com, Gate.io Ink Deal to Help S Korean City Build ‘Digital Asets’ Exchange
The South Korean city of Busan is inching closer to the launch of what could become the world’s first city-run crypto exchange – and has signed collaboration deals with the centralized exchange (CEX) giants Crypto.com and Gate.io.
26.10 / 12:21
UPS
Citi
Fighting
Magic Circle law firms must merge or move to mid-market in fight against US firms, says report
The UK’s Magic Circle law firms face being overtaken by US rivals in their home market, much as US banks conquered the City of London after the Big Bang, according to new research by broker Arden Partners.
26.10 / 10:43
Citi
Sunak
Rishi Sunak names ex-City minister John Glen as chief Treasury secretary
Former City minister John Glen — a key architect of the ‘Big Bang 2.0’ currently making its way through Parliament — has been promoted to a more influential role by new Prime Minister Rishi Sunak.
25.10 / 16:27
Citi
Career
City workers silent on neurodiversity over career limitation fears
Neurodivergent professionals believe their career prospects will be limited if they are honest about their condition, a study by The Diversity Project has found.
24.10 / 13:19
Citi
Inside Citigroup’s Málaga plan to battle banker burnout
Citigroup’s new Málaga office sits on the Calle Marques de Larios, the main shopping strip in the Andalusian city, a stone’s throw away from its port and a 10-minute walk from its famous beaches.
24.10 / 10:49
UPS
Citi
PwC
Goldman Sachs, PwC, Schroders and more sign up to give disabled students paid work experience
A slew of top City firms have thrown their weight behind the latest initiative from diversity charity 10,000 Black Interns by offering paid work experience to disabled students.
24.10 / 00:33
Citi
Racing
Sunak
City leaders rally around Sunak as Johnson backs out of race to become prime minister
The politicians with the most influence over the City's future are rallying around former chancellor Rishi Sunak as the next prime minister, as ex-premier Boris Johnson officially rules himself out of contention for another run at the top office.
21.10 / 12:25
Citi
Citizens
Tax
Brazil’s Eighth-largest City OKs Plan to Let Residents to Pay Taxes in Crypto
Brazilian cities are racing to allow their citizens the ability to pay their local taxes in crypto – with the nation’s eighth largest city set to allow residents to settle their bills in bitcoin (BTC) and other tokens from next year.
20.10 / 22:15
Citi
Martin Gilbert, Martin Sorrell and more on what the City needs from the new prime minister
City executives are calling for a return to stability and sure-footed management of the economy as they await who will become the UK's new prime minister.
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