JPMorgan’s UK consumer bank on hiring spree to bolster expansion efforts December 14, 2021 JPMorgan’s British retail arm, Chase, has plans to take on hundreds of new recruits as it looks to expand the range of services offered to clients. Since launching in September Chase has hired over 200 staff bringing staff numbers to 800. The fledgling bank now wants to grow its team to more than 1,000 employees [...]
Red flags raised by a third of electronic money institutions says report December 14, 2021 Researchers have warned that one in three UK-registered electronic money institutions (EMIs) raise money laundering red flags.
Nike snaps up NFT fashion start up RTFKT in metaverse push December 14, 2021 Nike has become the latest major fashion brand to step into the NFT space with the purchase of digital apparel start up, RTFKT.
Begbies Traynor warns of insolvency wave as revenue jumps 39 per cent December 14, 2021 Insolvency expert Begbies Traynor has reported strong financials for the first half of the year with revenue and profits on the rise.
Exclusive: HSBC and Wells Fargo use blockchain to settle FX trades December 13, 2021 Two of the world's largest financial institutions, HSBC and Wells Fargo, are using blockchain technology to settle foreign currency trades.
Lateral flow kits run out on government website amid high demand December 13, 2021 Rapid home testing kits are no longer available on the government website as the Omicron Covid-19 variant runs riot.
Mortgage lending expected to surge to record £316bn in 2021 December 13, 2021 Mortgage lending is expected to top £316bn by the end of 2021 after house sales rose to their highest level since the financial crash.
City boss calls work from home guidance ‘absurd’ and ‘frustrating’ December 13, 2021 Andrew Monk the chief executive of VSA Capital has spoken out against inconsistencies in new government guidelines on working from home.
Purplebricks shares fall by a fifth on £9m bill for tenancy law breaches December 13, 2021 Online letting agent Purplebricks' shares are down by 18 per cent as it faces a possible £9m bill for breaching tenancy law.
Greensill dished out a taxpayer backed Covid loan to neighbour December 13, 2021 Collapsed lender Greensill Capital gave a government backed Covid loan to the neighbour of founder Lex Greensill. Greensill is already under investigation for allegedly abusing its position while in charge of lending money under the Coronavirus Business Loan Interruption Scheme to dish out £400m to businesses linked to Sanjeev Gupta. It has now emerged that [...]
