How can fintech close its gender pay gap? Top chiefs say regulation could be key April 17, 2023 Regulators should step in to help narrow a gender pay gap in the fintech sector or female leaders will continue to be shut out from top jobs, some of the UK’s top female fintech chiefs have warned.
Short seller hits back after Labour MP suggests Putin links April 15, 2023 Labour MP Liam Byrne (Left) suggested last month that short seller Fraser Perring had ties to the Kremlin.
Federal Reserve green lights UBS-Credit Suisse deal in US April 15, 2023 The Federal Reserve's Board of Governors on Friday said it has approved UBS Group AG's acquisition of the U.S. subsidiaries of Credit Suisse, clearing another major hurdle for the completion of the Swiss-brokered rescue deal.
Coalition of 15 investors with total assets of £2.4trn plead with firms to protect lowest-paid workers April 14, 2023 A coalition of investors are demanding that businesses take “decisive action” to protect their lowest paid workers during the cost of living crisis. The coalition, which includes 15 investors with a combined £2.4trn in assets under management, argued that the lowest-paid workers are “disproportionately impacted by the rising cost of living.” Companies should ensure that [...]
I want to be a part of it: London-broker Marex weighs up New York for potential IPO April 13, 2023 A record set of results for London-based commodities broker Marex has revived the prospect of an initial public offering for the firm - but bosses say they may be eyeing New York as a destination.
Home REIT: Scandal-stricken firm extends ‘put up or shut up’ deadline for takeover April 13, 2023 Scandal-stricken social housing investor Home REIT has further delayed a ‘put up or shut up’ deadline for a takeover today as it mulls a bid from potential suitor Bluestar.
‘There’s a real opportunity here’: Fintech chief Janine Hirt on why London remains the place to be April 13, 2023 The INnovate Finance boss speaks with Morning Wire on why the next chapter will be crucial for the UK's fintech sector
UK takeover bids tumbled amid banking crisis fears – as private equity firms smell bargains April 12, 2023 Takeover attempts in the UK tumbled sharply in the first three months of the year as fears of a global banking crisis roiled markets and spooked the City’s dealmakers.
Flight to safety: Money market funds see 5,998 per cent inflow in first quarter April 11, 2023 Money market funds and short term money market products have seen a staggering 5,988 per cent increase in net flows in the first quarter, according to data from Hargreaves Lansdown Money market funds invest in high-quality, short-term debt, and they generally offer slightly higher returns than bank deposits. As interest rates have risen at their [...]
Klarna and Zilch sound the alarm on planned BNPL rules as key consultation closes April 11, 2023 Klarna and Zilch have sounded the alarm over the scope of planned buy-now pay-later (BNPL) rules today as ministers close a key consultation before bringing the sector into regulation later this year. The government has been sounding out the industry for its input on proposed rules after first laying out plans to clampdown on firms [...]