Allica Bank bags £100m cash injection after swing into profit December 5, 2022 Digital lender Allica said it had bagged a £100m cash injection today as it looks to guzzle up more of the UK’s small business banking market.
Bankman-Fried admits meetings on Alameda’s finances prior to FTX collapse December 4, 2022 Sam Bankman-Fried has admitted he had more knowledge of the financial health of FTX’s sister trading Alameda Research than previously suggested, as the extent of the ties between the two collapsed firms emerges.
FTX collapse shows need for venture capital ‘correction’, says investment chief December 4, 2022 The collapse of FTX has underscored a “distortion” in the venture capital market and the need for a correction across the industry, the boss of a global investment body has said.
Exclusive: Loosen pension rules to bridge ‘valley of death’ for climate tech, say policy groups December 2, 2022 A group of top tech bodies have called on ministers to rein in restrictions on pension funds today so they can fuel a wave of climate tech start-ups and bridge the “valley of death” funding gap facing the sector.
Barclays slapped with £8.4m fine over card payment failings December 1, 2022 Barclays has been slapped with an £8.4m fine from the payments regulator today after failing to comply with rules governing the cost of card transactions with retailers.
Peel Hunt profits plunge 99 per cent amid capital markets slowdown December 1, 2022 Peel Hunt said profits plunged by 99 per cent in the first half of the year as it is hammered by a slump in initial public offerings and volatility on the markets.
AJ Bell assets slide as volatility hits investors December 1, 2022 Trading firm AJ Bell said the value of assets on its platform had dipped two per cent in the past year as extreme volatility on the markets dealt a blow to retail investors' holdings.
Bankman-Fried claims he ‘didn’t ever try to commit fraud’ December 1, 2022 Sam Bankman-Fried tried to reject allegations he had committed fraud in the collapse of his crypto exchange FTX yesterday as he mounted his first public defence since the implosion of the exchange earlier this month.
Bitcoin ‘on the road to irrelevance’, says ECB November 30, 2022 The European Central Bank said Bitcoin is on the “road to irrelevance” today as it slammed the cryptocurrency as a “speculative bubble” with no productive value.
Home REIT and short seller trade barbs as share price tumbles November 30, 2022 Social housing investor Home REIT has hit back at short seller Viceroy Research today after the investor launched an attack on the quality of charity tenants in its portfolio.
