UK venture capital surges ahead of Europe as investors shake off market jitters April 21, 2022 Venture capital investment in the UK and Ireland continued to boom in the first three months of the year as deal value surged ahead of European competitors.
PensionBee buzzes onto London’s top market as boss calls for rules reform April 21, 2022 The boss of fintech PensionBee has called for a swathe of reforms to London’s capital markets today in order to boost the growth of newly-listed tech firms, as the firm marks its shift onto London’s flagship market.
Banks lag on sustainability as regulators prepare to swoop on ESG performance April 21, 2022 Global lenders are lagging behind sustainability goals as watchdogs increasingly look to clampdown on environmental, social and governance (ESG) performance with regulation, a new report has found.
Barclays sells off half of Absa stake for £526m April 21, 2022 Barclays announced today it has sold off a major chunk of its remaining stake in South African banking group Absa for £526m as it continues to shed its holdings in the firm.
London VC firm unveils $20m fund to back student ‘deeptech’ innovation April 21, 2022 A London-based venture capital firm has unveiled a new $20m fund today to pump into so-called ‘deeptech’ projects emerging from universities across the UK and Europe.
Funding Circle founder gets $30m injection for new Super Payments firm April 20, 2022 The founder of fintech lender Funding Circle has bagged $30m backing for a new payments startup aiming to take on behemoths like Visa and Mastercard.
Petershill Partners tops estimates in maiden results April 20, 2022 Investment outfit Petershill Partners sailed past estimates in its maiden set of results today as profits after tax hit $248m.
Quilter assets slide as Ukraine crisis hits investor confidence April 20, 2022 Wealth manager Quilter reported a dip in assets under management in the past three months as investor jitters spread in the wake of Russia’s invasion of Ukraine.
Credit Suisse warns of first quarter loss as legal costs surge April 20, 2022 Beleaguered Swiss lender Credit Suisse warned it was careering towards a loss in first quarter earnings after legal costs surged and the Russia-Ukraine crisis hit the bottom line, the firm announced today.
Buyout giants rule out backing Musk bid as takeover interest heats up April 20, 2022 A host of buyout giants have ruled themselves out of backing Elon Musk’s hostile takeover of twitter over concerns the tech giant cannot boost its profitability.
