Finance

Glasgow University Professor to participate in the development of the human factor minimization program

Interdisciplinary Research Professor at the University of Glasgow, Andrew Hoskins participated in an expert roundtable on ‘A New Security Paradigm for Financial Institutions’. The event, held online on March 27, 2023, was […]

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Finance

Ripple expands payments offering to Africa amid US regulatory pressure

Crypto firm Ripple Labs is to expand its cross-border payments offering to Africa, as it seeks to expand its global footprint in the face of US regulatory pressure. The firm, whose cryptocurrency XRP is […]

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Finance

Credit Suisse and Apollo strike deal for securitised products group

Credit Suisse Group has entered into definitive transaction agreements to sell a large part of its securitised-products group and other financing businesses to Apollo as it seeks to de-risk its investment bank […]

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Finance

Hedge funds fall for Dubai over lower tax rates, softer regulation — portfolio managers want in

London hedge funds are joining a trend of investment firms looking towards Dubai for expansion, lured by lower tax rates, softer regulation, and a rising number of millionaires. Millennium Management, ExodusPoint Capital Management […]

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Finance

Could carbon markets be financial services’ answer to climate change?

There is still an elephant in the room at COP27. And it just got bigger. At last year’s UN climate change conference in Glasgow, there was remarkably little discussion about the key […]

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Finance

Abrdn, Amundi, Aviva Investors: FTX collapse a ‘major setback’ for crypto uptake

Heavyweight fund groups including Abrdn and Aviva Investors said other big name investors that have steered clear of cryptocurrencies will be extra cautious of entering the market following FTX’s collapse. Asset managers have previously voiced concern […]

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Finance

ESG firm raises eyebrows for ranking collapsed crypto giant FTX higher on governance than Exxon Mobil

AI-driven ESG ratings firm Truvalue Labs has defended its methodology after awarding collapsed crypto giant FTX a higher score for governance than Exxon Mobil. A screenshot of an ESG analysis for FTX — by FactSet-owned […]

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Finance

Hunt postpones worst fiscal pain and hoped-for City reforms

On the whole, the chancellor’s Autumn Statement was rather understated. Jeremy Hunt unveiled a huge package of tax and spending changes with less of the fanfare we have come to expect. And […]

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Finance

Deutsche Bank CEO calls on regulators to loosen rules that ‘structurally disadvantage’ European banks

Deutsche Bank chief executive Christian Sewing has called on politicians and regulators to overhaul rules that “structurally disadvantage” European banks against their US rivals. The German lender’s CEO said that the “pendulum has swung […]

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Finance

Meet Goldman Sachs’ first Bangladeshi partner as US bank aims to diversify upper ranks

Goldman Sachs promoted a record number of non-whites and women to its elite ranks in its largest partner class for six years, but the US banking giant has quietly hit another milestone. […]

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News

Thailand court acquits forestry officials charged with murder of Indigenous rights activist – JURIST

Thailand’s Central Criminal Court of Corruption and Misconduct acquitted on Thursday four forestry officials charged with the murder of Indigenous rights activist Pholachi Rakchongcharoen.Thai officials indicted the four forestry officials, including former […]

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News

ECHR hears landmark lawsuit brought by youth climate activists against 33 governments – JURIST

In a nearly five-hour long hearing on Wednesday, the European Court of Human Rights (ECHR) heard a landmark case brought by six youth plaintiffs against 33 European governments to spur stronger climate […]

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News

Government of Nagorno-Karabakh separatist region to disband following Azerbaijan-led blockade – JURIST

Following a months-long blockade that culminated in violent attacks by Azerbaijani forces, the government of the predominantly ethnic Armenian region of Nagorno-Karabakh announced Thursday it would disband, effective immediately.“The Republic of Nagorno-Karabakh […]

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News

North Korea releases US soldier who crossed demilitarized zone 2 months ago – JURIST

North Korea expelled US soldier Travis King on Wednesday, 2 months after he crossed into its territory from South Korea. KCNA, North Korea’s state media, announced that North Korea expelled King after […]

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