Revolut bags watchdog approval to beef up UK wealth offering May 14, 2026 Revolut has received the regulatory green light to bulk up its wealth management offering, marking one of its first major expansions in the UK after bagging its banking licence. The $75bn juggernaut’s trading arm has secured a Variation of Permissions from the City watchdog, which allows the firm to broadened the scope of regulated activities [...]
How are prediction markets like Polymarket more accurate than Wall Street analysts? May 7, 2026 Prediction markets like Polymarket are more accurate than Wall Street analysts in forecasting corporate earnings, but it's not for the reason you think.
Banning payment for order flow is an EU blunder the UK shouldn’t repeat April 29, 2026 As the EU looks to impose a full ban of payment for order flow, Sylvain Thieullent argues why that would be misguided for the UK.
JP Morgan shifts Paris jobs back to London in Brexit shake-up April 28, 2026 JP Morgan is relocating a number of roles at its Paris hub to London in a rethink of policies introduced in the wake of Brexit. The Wall Street titan is shifting a handful of trading roles to London after over-estimating the number of EU-based staff it would need to meet post-Brexit rules. Along with EU [...]
Wall Street banks’ $40bn haul overshadowed by economic threats April 15, 2026 Wall Street’s top banks are toasting a record revenue haul this week, but industry chiefs also struck a note of caution after bumper profits were driven by market volatility. JP Morgan led the pack with a net income of $16.5bn in the first-quarter of the year, up 13 per cent from the same period in [...]
Goldman Sachs beats trading haul record by $1bn after Iran volatility April 13, 2026 Goldman Sachs equities traders have beaten their all-time quarterly high as the Wall Street titan revealed a major market haul amidst the volatility triggered by the Middle East. The banking giant’s stock division reaped $5.3bn (£3.9bn) in revenue for the first quarter of the year, surpassing the previous record of $4.3bn secured by the bank [...]
Alex Gerko’s XTX paid more than £500m in corporation tax in 2025 April 6, 2026 A London algorithmic trading firm run by billionaire Alex Gerko faced a corporation tax bill of more than £500m last year, the firm’s latest accounts show, making the company one of the largest individual contributors to the exchequer. Kings Cross-based XTX Markets was due to pay around £580m in corporation tax for 2025, according to [...]
The manosphere’s dangerous ‘get rick quick’ promise March 25, 2026 Online influencers like those highlighted in Louis Theroux’s Inside the Manosphere documentary are framing trading as an easy route to financial success and masculine dominance. That’s not education, it’s manipulation, says Lewis Crompton The promise of quick wealth has always had a powerful pull. But today it is being repackaged and amplified through social media, [...]
Revolut eyes trading and wealth push amid hiring spree March 24, 2026 Revolut has laid out its initial blue-print for major expansion in its trading operations after the fintech giant bagged its full-fat UK banking licence earlier this month. The $75bn digital banking juggernaut has kicked off a hiring spree at its Canary Wharf headquarters as well as other financial hubs across the globe. The fintech has [...]
IForex shares lift after trading platform makes London Stock Exchange debut February 25, 2026 Shares in iForex popped after the firm became the latest fintech to debut on the London Stock Exchange. The stock rose as much as 6.4 per cent to 207.5p by the end of its inaugural trading session on Wednesday. It had floated on London’s main market at an offer price of 195p, implying a market [...]