Nickel market stays closed after historic short squeeze March 14, 2022 Nickel trading remained suspended at the London Metal Exchange (LME) today - with no dates currently set for reopening the market.
Bumper year for start-up backers as exit value hits £26.7bn March 14, 2022 Investors in UK start-ups saw a bumper year of exits last year with total value topping a record £26.7bn, as smaller firms roared back into growth mode after a pandemic slowdown, according to fresh data.
Top fintechs strong-arm watchdog into action on open banking March 14, 2022 A group of the UK’s top fintech firms have called on the Competition and Markets Authority (CMA) to speed up its decision making on open banking, claiming the watchdog’s slow progress was stifling innovation.
Gold and silver tumble as central banks ready interest rate hikes March 14, 2022 Gold and silver prices slipped this morning as looming interest rate hikes and growing optimism of a ceasefire led investors to flee safe haven assets.
Former Wirecard boss charged with fraud over financial collapse March 14, 2022 The former boss of Wirecard has been charged with fraud, breach of trust and accounting manipulation following the collapse of the firm amid a major accounting scandal in June 2020. Markus Braun has been charged by Munich public prosecutors after a 21 month criminal investigation into practices at the firm which saw it crash into [...]
Investment giants set out global standard for climate lobbying March 14, 2022 A group of investment giants have ramped up pressure on boardrooms to increase transparency on climate lobbying today, laying out an action plan that bosses will have to stick to or risk having shareholders vote on their decisions.
Top finance firms call for transparency on environmental performance March 14, 2022 A group of the world’s top financial firms with more than $130tn in assets have called on businesses to reveal data on their environmental performance, as global governments prepare to push for more transparency on sustainability.
BlackRock clients take $17bn hit as Russian assets plunge in value March 11, 2022 The world’s largest asset manager BlackRock has taken a $17bn hit on its Russian investments which have plunged in value since the invasion of Ukraine.
Fintech cash injection from Canadian pension fund reignites calls for UK schemes to ‘step up’ March 11, 2022 A cash injection from one of Canada’s biggest pension funds into a London fintech firm has reignited calls for UK pension funds to “step up” and back British tech today.
London Metal Exchange extends nickel freeze after scrapping $3.9bn worth of trades March 11, 2022 The London Metals Exchange confirmed last night that nickel trading would remain suspended until next week after it took the drastic step to halt trading and scrap around $3.9bn worth of trades on Tuesday.
