Global watchdog warns over ‘very high leverage’ in hedge funds September 6, 2023 Leverage is now very high in parts of the $7 trillion hedge fund sector, G20 risk watchdog Financial Stability Board (FSB) warned on Wednesday, while noting that significant data gaps make it hard to get a full picture of vulnerabilities among "non-banks".
Natwest to appoint Rick Haythornthwaite as new chair and he’ll take charge next April September 6, 2023 Natwest is preparing to appoint Rick Haythornwaite as successor to chair Howard Davies.
PEPs: Banks under renewed pressure as City watchdog begins review into treatment of politicians September 5, 2023 Financial services firms denying banking services to politicians will come under renewed scrutiny as the City watchdog launched its review into domestic politically exposed persons (PEPs).
Haldane: Bank of England printed money for too long, and recession’s 50:50 September 4, 2023 Bank of England's former chief economist says Bank persisted 'too long' with quantitative easing - helping to fuel inflation
Lloyds pushes staff to return to office as banks lead charge against working from home September 4, 2023 Earlier this year, the bank told workers that they had to come into the office for at least two days a week.
Mozambique president has immunity in London ‘tuna bond’ case, court rules September 4, 2023 Mozambican President Filipe Nyusi cannot be sued in Britain over allegations he accepted unlawful payments in the country's lawsuit against Credit Suisse.
City quintet head for Singer just a year after arriving en masse at WH Ireland September 4, 2023 A TEAM OF City veterans have been poached by Singer Capital Markets to launch a debt capital markets business
Why 2023 has been a year to forget for the London Stock Exchange and the capital’s equity markets September 2, 2023 Take-privates and secondary listings have damaged the reputation of the London Stock Exchange. How did we get here?
Banks raised savings rates to avoid ‘robust action’ from watchdog September 1, 2023 High street banks have been raising the rates on savings accounts after the City watchdog threatened to take action against firms.
Exclusive: Bank of London crowned fastest-growing challenger amassing £300m since getting licence August 31, 2023 The Bank of London has amassed £300m in deposits within six months of taking client money, making it comfortably the UK’s fastest growing SME-focused challenger. Chief executive Anthony Watson said that the bank has been “inundated with demand” since exiting its regulatory restrictions in February this year. Businesses in Britain have been “under-served by both [...]