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

Hong Kong top court rejects government bid to appeal unauthorized assembly acquittals of pro-democracy activists – JURIST

The Hong Kong Court of Final Appeal (CFA) refused to grant leave to the government on Friday to appeal the acquittals of seven pro-democracy activists.The lower court overturned the activists’ convictions for […]

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Сryptocurrencies

One in Six Top Crypto Exchanges May Remain Unregulated, Says VASPnet and CCData

Many cryptocurrency exchanges (CEXs) that facilitate trades between users of various digital currencies have often come under fire for mismanaging money, or engaging in unlawful activity. Most famously, Bahamas-based exchange FTX collapsed […]

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Сryptocurrencies

DKK Partners FZE Secures Initial VARA Approval to Offer Virtual Asset Services in Dubai

DKK Partners FZE, a subsidiary of DKK Partners based in the Dubai World Trade Centre (DWTC), has secured initial approval from the Dubai Virtual Assets Regulatory Authority (VARA) to offer virtual asset […]

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News

UN report alleges widespread human rights abuses in Sudan conflict – JURIST

The United Nations Office of the High Commissioner for Human Rights (UNHCR) released a report Friday of thousands of incidents of human rights abuses it says have occurred during the ongoing conflict […]

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