Asset managers exposed to liquidity risk, FCA warns July 6, 2023 The City’s asset managers have left “gaps” in their liquidity management and could be exposed in the event of a run from investors, the Financial Conduct Authority has warned.
Dame Jayne-Anne Gadhia: Menopause, Richard Branson and carving out a path for women’s success in the City July 6, 2023 Dame Jayne-Anne Gadhia speaks with City A.M. on Richard Branson, the menopause and carving out a path for women's success in the City
Government urged to take global lead on digitised capital markets to boost UK’s competitiveness July 6, 2023 The government should take the lead in encouraging the digitisation of the UK’s capital markets to boost the City’s competitiveness, UK Finance has argued. In a new report released today by Oliver Wyman and UK Finance, the government has been urged to take a bold approach to ‘tokenisation’ or risk losing investment to other parts [...]
FCA investigation asks if Crispin Odey was ‘fit and proper’ to work in financial services July 5, 2023 The Financial Conduct Authority has today confirmed it launched probes into disgraced fund manager Crispin Odey in mid-2021 to determine whether he was a “fit and proper person” to be working in financial services.
London IPO market shows ‘green shoots of recovery’ after barren start to the year July 5, 2023 The amount of cash raised on the London Stock Exchange has begun to creep upwards this year as the “green shoots of recovery” begin to appear after a barren period on the market, new data shows.
FCA rips up trading tape in post-Brexit rules overhaul July 5, 2023 The FCA has tabled a slew of reforms to City rules to try and keep the capital competitive
Britons are worst investors in Europe and have £1.8trn sitting idle in savings July 5, 2023 Britons’ are the worst investors in Europe and have around £1.8trn sitting idle in savings accounts, around the entire value of the FTSE 100, a new report released today has found.
Augmentum: London-listed fintech fund rides out volatility as portfolio edges upward July 4, 2023 Listed fintech fund Augmentum reported a bump in the value of its portfolio today as it shrugged off the volatility that has hammered tech and fintech firms globally over the past year.
UK deals set to flatline as sluggish economy puts off foreign buyers July 4, 2023 Takeover activity in the UK is set to flatline in the second half of the year as foreign suitors get cold feet over the gloomy economic prospects facing the country, bankers have warned.
Pressure grows for pension investment boost as Hunt eyes reform July 4, 2023 Pressure is growing on pension schemes to throw their weight behind reform as the Chancellor prepares to unveil a slew of measures to boost investment in private growth firms next week.