Citigroup Inc. London’s trading desk was the cause of a sudden crash that sent shares throughout Europe plummeting on Monday. This is a new setback for years-long efforts to improve
The rising costs of staff are also a concern. This week’s report by Goldman on UK bankers receiving £350,000 in bonuses highlights the problem.
(Reuters) -The Russian central bank said on Wednesday that some stock market trading would resume on Thursday after a nearly month-long hiatus, with 33 securities to be traded on the
Russia’s central bank on Saturday said it has decided not to reopen stock market trading on the Moscow Exchange from March 14-18, with the exception of some non-open-market transactions and
The British bank Natwest (NWG.L.) has cut its lending to clients in oil and gas by 21% in 2021. It plans to reduce it further in efforts to decarbonise the
Lloyds will hand £7m over to the police, taken from frozen accounts of scammers
According to the spending watchdog, the U.K. did not put in place effective measures to protect taxpayers from fraudulent pandemic loans to businesses of up to 4.9 billion pounds ($6.5B).
As household energy bills rise, British inflation has risen to a 10-year high. This bolsters expectations that the Bank of England will increase interest rates in December. It did so
Bitcoin prices reached a new record high after the Bank of England set a date for the launch of its own cryptocurrency.
Arisebank’s CEO, who was billed as the “world’s first decentralized bank platform,” has been sentenced for five years and ordered to pay $4258,073 in restitution. He admitted to lying to
When we think about the collective wealth squirrelled away in bank accounts, most of us picture wads of cash piled high in concrete vaults, à la Ocean’s Eleven.
