City firms face increasing regulatory burden from post-Brexit overhauls March 20, 2024 City firms are facing increased regulatory pressure, according to new data shared exclusively with City A.M., as the UK and EU diverge on financial services rules.
Home REIT: Serious Fraud Office probing whether fund managers misled the market March 20, 2024 The Serious Fraud Office has opened inquiries into the scandal-hit social housing firm Home REIT and is probing whether its former fund managers misled the market, City A.M. has learned.
SEC committed “gross abuse of power” according to Utah judge March 20, 2024 As Bitcoin makes a lower low and tries to find an area of demand, it seems the investment phrase “sell in May and go away” is being front run. Is this the beginning of a period of consolidation for crypto after several months of “up only?” Or, are markets simply de-risking ahead of today’s Federal Reserve meeting to determine interest rates?
Why the London mayoral election could be closer than you think March 20, 2024 As the London Mayoral election inches closer, Jessica Frank-Keyes takes a closer look at whether Sadiq Khan can secure a third term
London rents: Good news – historically high rates are only going up a little bit March 20, 2024 The rate at which rental costs are rising have slowed, but prices still remain at their most expensive when compared to earnings in over a decade, according to a new report by Zoopla.
FTSE 100 today: Inflation data and US Fed policy decision to set footsie’s course March 20, 2024 Asia's markets were mixed, while China’s central bank maintained steady loan prime rates. The rally of Bitcoin and Ether takes a breather. Investors focus on UK inflation data and the upcoming US Federal Reserve meeting for insights on future interest rate policies.
Microsoft: Tech giant makes splash by tapping Deepmind founder to run AI division March 19, 2024 Microsoft has hired the co-founder of Google’s Deepmind, Mustafa Suleyman, to head up its new Artificial Intelligence division, the technology firm said this evening.
One year on from Credit Suisse deal, $100bn UBS finally has the scale to take on Wall Street March 19, 2024 Swiss banking giant UBS has reinforced its status as one of the world's leading wealth managers after its market capitalisation sailed past $100bn shortly before the first anniversary of its landmark deal to acquire rival Credit Suisse.
UK investors missed the global rally in 2023 as they dumped equity funds for bonds March 19, 2024 IA’s figures showed UK retail investors pulled £24.3bn from open-ended funds in 2023, although slightly better than the figure reported for 2022 it was still one of the highest and fastest levels recorded.
Hundreds of jobs at risk as Ted Baker owner calls in administrators March 19, 2024 Hundreds of high street jobs could be placed at risk after the owners of Ted Baker filed a notice to appoint administrators.