Government outlines fintech steering body to push national sector strategy April 4, 2022 The government has outlined plans for a Centre for Finance, Innovation and Technology (CFIT) steering body today as it looks to push ahead with a national strategy for the fintech sector.
Treasury unveils plans to regulate stable coin payments April 4, 2022 The treasury has unveiled plans to regulate stable coins today as ministers grapple with how to bring the technology under financial watchdogs’ control.
Klarna boss says Brussels has produced some of ‘the worst regulation ever created’ April 4, 2022 The boss of buy-now pay-later (BNPL) giant Klarna says Brussels has held back fintech firms with prescriptive rules and produced some of the “worst regulation ever created”.
Exclusive: Fintech Review author pushes ministers for capital markets overhaul April 4, 2022 The author of a government-commissioned review of fintech has written to ministers warning major reform of the UK’s capital markets is needed if they are to compete on the world stage, City A.M. has learned.
After an explosion of apps and billion dollar valuations, is the ultra-fast bubble about to burst? April 1, 2022 Any Londoner on a stroll down a main road in the city is bound to encounter a handful of instant grocery delivery riders zipping past. With Getir, Gorillas and Gopuff among other players on the scene, the category has exploded over the past couple of years with some receiving billion-dollar valuations. The pandemic saw many [...]
Global dealmaking plunges amid shocks of war in Ukraine April 1, 2022 Worldwide dealmaking has plunged in the first quarter of this year after the invasion of Ukraine sent shockwaves through global financial markets.
Softbank boss tells top team to curtail investments March 31, 2022 The boss of Japanese investment giant Softbank has told his top team to slowdown their investments after the firm suffered from a slump in tech stocks in recent months and a regulatory clampdown in China.
Tate & Lyle snaps up Chinese dietary fibres firm for $237m March 31, 2022 Sugar-maker Tate & Lyle has snapped up a prebiotic dietary fibre business from China-listed ChemPartner for $237m today, as it looks to tap into the booming global dietary fibres market.
Provident Financial bounces back to profit after shift away from subprime lending March 31, 2022 Subprime lender Provident Financial bounced back into profit last year as it rode an economic rebound and moved away from riskier consumer lending.
Cop 26 group sets out sustainability standards as concerns grow over greenwashing March 31, 2022 An international body set up to standardise company environmental reporting has set out a first set of draft guidelines today, as fears grow over the veracity of investment opportunities labelled as green.
