BNPL set to hit $607bn by 2026 despite regulatory scrutiny, analysts predict June 21, 2022 The global buy-now pay-later credit market will swell to $607bn by 2026 despite increased regulatory scrutiny of the sector, analysts have predicted.
UK firms risk hamstringing FCA with information overload, former top official warns June 21, 2022 UK firms risk hampering decision making at the City’s top regulator by overloading it with unnecessary information, a former top Financial Conduct Authority official has warned.
FinnCap boss Sam Smith to step down after 24 years June 21, 2022 The boss of AIM-listed brokerage finnCap is set to step down after more than 20 years in the role, the firm announced today.
Nuclear conflict: why we must consider the risks June 21, 2022 | City Talk In the wake of Russia’s attack on Ukraine, the risks of nuclear conflict have become clearer both inside and outside the world of finance. Yet many market watchers have simply thrown up their hands under the mistaken assumption that when it comes to nuclear weapons, nothing they do will matter. Such a philosophy is inadequate on [...]
Gilbert’s AssetCo buys Edinburgh asset manager to bolster Scottish business June 21, 2022 Martin Gilbert’s asset management vehicle AssetCo has snapped up Scottish firm SVM Asset Management Holdings for £10.7m, as it looks to broaden its footprint north of the border.
Exclusive: We need a business mindset shift and new tools to get us there, says City insider June 20, 2022 ESG commitments for 2030 are high on the boardroom agenda, but are we asking the right questions? The big money question is, even if we meet our sustainability targets, does that secure the social conditions and environmental resources that we will need for businesses to operate in the future? Across the City, a viewpoint on [...]
Big crypto crash: Bitcoin tanks below $20,000 for first time since 2020 June 18, 2022 The world’s largest cryptocurrency Bitcoin has tanked below the all-important $20,000 threshold for the first time since 2020, sending shockwaves across crypto world. The great fall comes alongside rising interest rates, as well as central banks’ desperate attempts to curb the swelling 40-year high inflation rates. Bitcoin is down more than 50 per cent since [...]
Diversity goals: Improving trust encouraged 80 per cent of employees to share data voluntarily, PwC partner says June 17, 2022 There is an increasing amount of trust when it comes to handing over personal data voluntarily, with a partner at PricewaterhouseCoopers (PwC) saying it has shot up from 15 per cent in 2018 to 80 per cent this year. The comments came during an event hosted by Datasite featuring an expert panel discussion about improving [...]
Andy Bell set to hand over reins of AJ Bell to CFO Michael Summersgill June 17, 2022 Retail investment platform AJ Bell revealed on Thursday its deputy CEO and finance chief Michael Summersgill will take over from co-founder Andy Bell as chief executive officer of the firm.
Octopus Renewables Infrastructure Trust snaps up solar and battery storage plant June 17, 2022 Octopus Renewables Infrastructure Trust revealed it had snapped up two new ‘ready-to-build’ solar and battery storage projects today to boost the firm’s growing renewables portfolio.