Barclays in legal battle with MFS administrators over part of £160m holding Banking The administrators of collapsed mortgage lender MFS are taking legal action against Barclays after the bank allegedly refused to hand back millions of pounds sat in its accounts. Alix Partners, which was appointed as joint administrators for Market Financial Solutions in February, filed a High Court claim against Barclays, represented by Latham and Watkins, on [...]
What happens when Reddit runs the global financial system? Opinion 40 per cent of AI answers are derived from Reddit – that could mean crypto Reddit bros potentially influencing how our most trusted financial institutions, says Lewis Liu I had the honor of spending most of last week at the BIS Innovation Summit in Basel, debating AI policy for the global financial system with central [...]