ESG investing is worth billions and post-Brexit rules should give Britain a headstart June 28, 2022 The EU has been cast as one of the leaders in the ESG regulatory race. But Brexit could give London the agility and flexibility to eclipse the rest. In the last few years, ESG has taken centre stage. In 2021 alone, there was an estimated $120bn poured into sustainable investments – and with so much [...]
The lack of board diversity is deterring investors as the gender gap could take 100 years to close June 27, 2022 A lack of diversity in Europe’s top financial services boardrooms is deterring investors from backing firms, new research has revealed.
Withdrawing investor tax breaks could choke off start-up investment, VC bodies warn MPs June 27, 2022 Venture capital bodies have today warned MPs that the withdrawal of tax incentives for investors could choke off the flow of capital into UK start-ups and restrict the growth of the country's tech sector.
NSO Group nabbed £1.9bn EY valuation despite emergency bailout June 27, 2022 Israeli spyware firm NSO Group was given a $2.3bn (£1.9bn) valuation by EY just months before requiring a $10m emergency bailout.
Musou can give Fownes reason to dance after tough season June 27, 2022 IT IS good to see reigning champion trainer Caspar Fownes finishing the season on a high. The popular handler hasn’t found it easy this campaign, with plenty of his gallopers starting off too high in the handicap and many of his newcomers needing more experience and time to acclimatize. There have obviously been some highs, [...]
Lor could tie up HK trainers’ title with Ecstatic win June 27, 2022 TRAINER Frankie Lor has the chance to all but wrap up the trainers’ championship when racing resumes with an eight-race programme at Happy Valley on Tuesday. Lor – already six winners in front of nearest pursuer John Size with just half-a-dozen meetings remaining of the Hong Kong 21/22 season – looks to have a potential [...]
Telecom giants agree new cost of living plan amid rocketing prices June 27, 2022 The UK’s biggest broadband and mobile operators have agreed to a raft of new commitments to further help customers with the rising cost of living following a government-led summit at No 10 Downing Street.
FCA laments the high number of financial crime ‘red flags’ missed by crypto firms June 27, 2022 The Financial Conduct Authority said many crypto firms that have applied to register under money laundering regulations miss financial crime “red flags” and have inadequate controls. A spokesperson for the FCA said to City A.M.: “We have seen too many financial crime red flags missed by the cryptoasset businesses seeking registration.” Some firms do not [...]
Credit Suisse becomes first Swiss bank to be convicted in Switzerland’s own courts June 27, 2022 Credit Suisse has become the first of Switzerland’s domestic banks to be convicted of a corporate crime in any of the country’s own courts, after a judge today found the Zurich financier guilty of failing to prevent laundering of Bulgarian drug money. A court in the southern Swiss city of Bellinzona fined the bank 2m [...]
Postal services face summer mayhem as strikes loom June 27, 2022 Over 100 Crown Post Offices will closed for one day in July, as workers strike against a massive real-terms pay cut.