UK proposes new laws to crack down on push payment fraud
New legislation to crack down on push payment scams via banking apps will be brought to parliament, the government has announced today. The government is set to bring forward a…
New legislation to crack down on push payment scams via banking apps will be brought to parliament, the government has announced today. The government is set to bring forward a…
UBS Switzerland’s £11m lawsuit against the director of a collapsed London-based commodities trader goes to trial today (Tuesday). Anil Kumar was the director of London-based Vincom Commodities, a company that…
In last week’s Spring Budget, the Chancellor was clear that he did not want to build an economy that was reliant on cheap foreign labour. “Our plan,” Jeremy Hunt said,…
Who are the current owners of Aston Martin? Canadian billionaire Lawrence Stroll owns Aston Martin. Stroll leads investment consortium Yew Trees Overseas. He took ownership in 2020 and has been…
Challenger bank Cashplus will rebrand as Zempler Bank this summer to reflect its new range of digital products and authorisation as a bank. Speaking to City A.M., founder and chief…
Much like watching somebody stand too close to the edge of a rooftop can bring on the heebie-jeebies, the City’s institutions giving a guarded welcome to more crypto-backed vehicles can…
There were nervous flashbacks for banking regulators last week as, one year on from the collapse of Silicon Valley Bank, another regional US lender began to wobble. While the troubles…
Legal & General and the founder of fintech firm Wise are among a host of big name investors to back a new London venture fund looking to pump cash into…
Where the City’s thinkers get a few things off their chest. Today, Lisa Hannant, CEO of Clarion Events, takes the pen “Events dear boy, events” is what Prime Minister Harold…
Moving markets today: Asian stocks climb, Oracle surges 14%, bitcoin breaks $72,000; UK employment, U.S. inflation data in spotlight US stocks began the week cautiously ahead of key consumer inflation…