Israel-Palestine Activism: A Turning Point for Financial Institutions? March 13, 2024 Since October 2023, campaigning on the Palestinian cause has skyrocketed. SIGWATCH data shows that the second most targeted industry, after the arms manufacturers themselves, was finance. Perhaps you’ve noticed some of the UK Barclays branches looking a bit worse for wear recently? If so, that’s most likely the handiwork of activist groups such as War [...]
Tom Hayes and Carlo Palombo: Criminal appeal to start for ex-UBS and Barclays traders convicted of rigging March 13, 2024 Both men were investigated and prosecuted by the Serious Fraud Office (SFO) along with others in the Eibor case.
Rupert Murdoch and Daily Mail owner mull joint bid for Telegraph group March 12, 2024 A consortium of News Corp, Daily Mail General Trust and Redbird IMI may alleviate mounting concerns over the Telegraph takeover.
Thames Water not included in £180m sewage cleanup plan. It has an £8bn bill instead March 11, 2024 It is understood the environment agency is disappointed that Thames Water did not make a fresh funding commitment, and was unable to accelerate investment.
Competition watchdog and Ofcom deliver results of probe into Abu Dhabi-backed Telegraph bid to media secretary March 11, 2024 The CMA has reported on jurisdictional and competition matters to the secretary of state, Lucy Frazer, who is also due to hear from Ofcom.
London Stock Exchange to list crypto derivatives for institutional investors March 11, 2024 The London Stock Exchange has said it will be accepting applications for crypto exchange-traded notes (ETNs), after the Financial Conduct Authority lifted its ban on the instruments for institutional investors. ETNs are similar to exchange-traded funds (ETFs), but they rely on unsecured debt securities issued by a bank, meaning that they do not directly hold [...]
Morgan Stanley to stay in Canary Wharf in boost to struggling banking district March 10, 2024 Morgan Stanley has decided to retain its flagship Canary Wharf office in a major boost for the struggling financial district.
New-look T100 Triathlon World Tour under starter’s orders as investors circle March 8, 2024 Organisers the PTO have hired advisors as they look to raise a further £30m.
Nationwide agrees terms for £2.9bn Virgin Money takeover to create second-largest UK mortgages and savings provider March 7, 2024 Nationwide, the UK’s largest building society, has struck a preliminary agreement to acquire Virgin Money, Britain’s sixth-biggest high street bank, valuing the latter at around £2.9bn.
Spring Budget 2024: Hunt plans Natwest government share sale this summer as Farage says debanking row ‘far from over’ March 6, 2024 Chancellor Jeremy Hunt has outlined plans for the government to begin selling part of its stake in Natwest to the general public "at the earliest opportunity" this summer, as part of wider efforts to boost stock market investment.