Industry Financial News

Colin Howell (pictured) had been a member of the Unicorn board since 2008.

Investment Week's Editor James Baxter-Derrington collects his trophy from Alan Oliver, Director of Communications at AXA UK & Ireland and awards host Ayesha Hazarika MBE

The consulting and research house saw a significant drop in users exploring ESG funds via its Fund Dashboard.

Nick Hungerford with wife Nancy and daughter Elizabeth.

Heading into Q2 and H1 2023 results, the Bank of America has cut the sector’s annual earnings per share (EPS) by 2-3%.

The claims relate to personal injury and psychiatric harm caused by the alleged sexual assault.

The awards were open to global businesses and marketing agencies, while categories ranged from marketing & proposition development, thought leadership & content marketing, through to digital marketing.

The survey from PwC found that the top ten largest asset managers are expected to control half of all mutual fund assets by 2027

Chancellor Jeremy Hunt Credit: UK Parliament

Tom Hayes, a former UBS and Citigroup trader, was found guilty of multiple charges of conspiracy to defraud by rigging the LIBOR | Credit: iStock

Outgoing CEO Matthew Bugden

Bitcoin dropped to the lowest level in about two weeks, part of a wider retreat in crypto markets as investors digested the unravelling of a key industry payments network. The largest token sank as much as 6% before paring some of the slide to trade 4.4% lower at $22,380 as of 8:30 a.m. Friday in London. Smaller coins such as Ether, Avalanche and the meme token Dogecoin also suffered declines. The digital-asset industry is absorbing the fallout of the troubles at crypto-friendly US bank Silvergate Capital Corp., which has said that it's reviewing whether it can remain viable. The bank offers a widely used payments network that facilitates the real-time transfer of funds between crypto firms. But many digital-asset exchanges, stablecoin issuers and trading desks are no longer accepting or initiating payments through Silvergate. «Silvergate is one of the main US dollar banking providers for the crypto industry,» said John Toro, head of trading at digital-asset exchange Independent Reserve. «Any liquidity concerns will have a direct impact on market conditions and may affect the access and availability of some client funds.»

crypto community, in reaction to central bank governor Shaktikanta Das' statement that private cryptocurrencies are a big threat to India's financial and macroeconomic stability, has said crypto assets could help unlock the country's innovation, job-creation and economic potential. Also, the exchanges said they praised the stance of the central bank and the government that customer protection is a priority. «The good thing is that the government and regulators have been very consultative in their approach to the industry, and there is broad understanding that customer protection is of utmost importance. It is encouraging to see India thinking progressively about crypto at par with global counterparts like the US, Dubai, and Singapore,» said Ashish Singhal, founder and CEO, CoinSwitch.