ARCHIVE November2022
FCA’s former COO Philippou departs in latest exit from regulator
Georgina Philippou, once the Financial Conduct Authority’s chief operating officer, has departed after more than three decades in senior regulatory roles. Philippou, one of the highest ranking women at the markets watchdog, […]
JPMorgan creates venture capital team to target life science growth
JPMorgan has launched a healthcare venture capital practice, entering the market at a time when innovation in the life sciences remains high but investment has pulled back from last year’s record pace. The […]
Barclays, Deutsche Bank and Citigroup take currency losses as client’s merger falls through
Barclays, Deutsche Bank and Citigroup lost money on currency hedging products they sold to a client for an acquisition that fell through, the latest example of the damage spread during the worst stretch for deal making […]
LMAX boss David Mercer’s pay doubles to £1.6m after bumper crypto year
LMAX exchange boss David Mercer saw his pay double in 2021, after the company enjoyed a bumper year across both its traditional exchange and new crypto offering. Mercer, chief executive for more […]
Credit Suisse hires Goldman Sachs execs in risk management overhaul
Credit Suisse has shaken up the senior ranks of its risk management function after a Goldman Sachs executive was brought in to improve controls at the Swiss bank following a series of […]
Ukraine authorities accuse four appellate judges of bribery – JURIST
The National Anti-Corruption Bureau of Ukraine (NABU) and Specialised Anti-Corruption Prosecutor’s Office accused on Thursday four judges from the Kyiv Court of Appeal of graft totaling $35,000. According to NABU, the payment occurred […]
Kenya High Court declares housing levy unconstitutional – JURIST
Kenya’s High Court declared on Tuesday that a 1.5 percent levy, introduced in an earlier bill to fund affordable housing, violated constitutional principles. The levy was a provision of the Finance Act […]
Niger junta revokes law which restricted migrant smuggling routes to Europe – JURIST
Niger’s junta issued a decree Monday revoking a law which had helped curb migration of West Africans to Europe. The law had been backed by the EU but faced strong opposition from […]
UN report reveals surge in violence in Haiti rural central region – JURIST
According to a UN report issued Tuesday, there has been a rise in gang violence in Haiti’s central rural region, an area previously considered safe from the increased instability in the country. […]
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