Category: 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
Colombia president suspends ceasefire with armed rebel group following attack on indigenous community – JURIST
Colombian President Gustavo Petro announced Sunday that his government suspended the ceasefire with the EMC group of rebels in the departments of Nariño, Cauca and Valle del Cauca. The announcement comes a […]
Bitget Wallet Launches BWB Token With Total Supply of 1 Billion
In late 2023, Bitget Exchange acquired BitKeep, the Web3 wallet, and transformed it into Bitget Wallet. Over half a year later, Bitget Wallet has launched its official ecosystem token, BWB. The Bitget […]
Latvia security service initiates criminal proceedings against European lawmaker over suspected collusion with Russian intelligence services – JURIST
Latvia’s State Security Service (VDD) was reported on Saturday to have initiated criminal proceedings against Tatjana Ždanoka, a European Parliament lawmaker (MEP) and Latvian citizen, on suspicion of cooperating with Russian intelligence […]
Hong Kong court upholds real-name registration requirement for SIM cards users – JURIST
The Hong Kong Court of First Instance dismissed an application for judicial review on Friday to challenge the real-name registration regime for SIM card users. The court held that the regime is […]
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