Read the full NatWest report on ‘failings’ in handling of Nigel Farage account row The report included aspects that City watchdog the FCA described as “potential regulatory breaches” Evening Standard · Oct 27, 2023
Bank of Russia raises interest rates to 15% to fight inflation; US consumer confidence dips – as it happened Russian central bank says current inflationary pressures have significantly increased to a level above its expectations The Guardian - UK · Oct 27, 2023
City watchdog: NatWest may have breached rules in Farage account controversy The bank published a report today showing "serious failings" Evening Standard · Oct 27, 2023
UK financial regulators scrap cap on bankers’ bonuses Bonus cap to end on 31 October, a move condemned by unions as an ‘insult to working people’ The Guardian - UK · Oct 24, 2023
Rishi Sunak carries out Liz Truss plan to axe cap on bankers’ bonuses Unions say ‘obscene’ move shows PM only interested in ‘feather-nesting the super-wealthy’ The Independent UK · Oct 24, 2023
Barclays raises fears for jobs after investment banking slowdown The high-street lender suffered a slowdown at its investment bank and a rise in bad debts — profits fell 4% in the third quarter to £1.9 billion Evening Standard · Oct 24, 2023
Why did City banks quietly shut down their ethics watchdog? City Voices: History has shown that banks cannot be trusted to regulate themselves Evening Standard · Oct 18, 2023
False SEC Approval Rumor Causes Cryptocurrency Market Dive Major cryptocurrencies plummet after fake news about BlackRock's spot bitcoin ETF approval circulates. Zenger · Oct 18, 2023
Ex-Barclays boss fined $2.2M after emails show Epstein relationship Jes Staley said he didn't have a close relationship with Epstein and that they cut ties long before 2015. Fortune · Oct 13, 2023
‘Call me’: FCA releases messages between former Barclays boss and Jeffrey Epstein Financial watchdog provisionally concludes Jes Staley misled it over his friendship with billionaire sex offender The Guardian - UK · Oct 12, 2023
Ex-Barclays Bank boss Staley banned from senior UK finance roles over misleading Epstein statements Britain’s financial regulator has fined the American former chief executive of Barclays, Jes Staley, 1.8 million pounds ($2.2 million) and banned him from holding senior financial roles for misleading it over the nature of his relationship with the late sex offender Jeffrey Epstein The Independent UK · Oct 12, 2023
Ex-Barclays boss Jes Staley banned from City over Jeffrey Epstein scandal Bank to cancel almost £18m in pay and bonuses due former CEO, who also faces potential FCA fine of £1.8m The Guardian - UK · Oct 12, 2023
Ex-Barclays boss fined £1.8m for misleading watchdog over Epstein links The UK’s financial watchdog has also banned Jes Staley from holding senior roles in the financial sector. The Independent UK · Oct 12, 2023
Ex Barclays chief executive Jes Staley fined £1.8m over relationship with paedophile Jeffrey Epstein The Financial Conduct Authority found Mr Staley “recklessly approved” letter sent by Barclays to the regulator containing “two misleading statements” The Independent UK · Oct 12, 2023
Evening Standard · Oct 12, 2023 Former Barclays boss Jes Staley fined £1.8 million and banned from senior finance roles Former Barclays CEO Jes Staley has been fined £1.8 million by the financial watchdog on top of a ban from holding senior finance roles following concerns over disclosures around his relationship with sex offender and financier Jeffrey Epstein.
Zenger · Oct 10, 2023 FCA Intensifies Scrutiny On Crypto Sector; Exchanges Face Regulatory Backlash U.K. Regulator Cracks Down on Crypto Exchanges Huobi and KuCoin
Zenger · Oct 9, 2023 Komainu Secures FCA Approval, Expands Digital Asset Custody Services Komainu gains UK regulatory approval as custodian wallet provider
The Guardian - UK · Oct 9, 2023 Wealth management arm of Crispin Odey group to be wound down Odey Asset Management was thrown into turmoil after allegations of sexual misconduct against its founder
The Independent UK · Oct 2, 2023 Hunt pledges law change to stop de-banking for ‘wrong political views’ It is already illegal for financial institutions to discriminate against customers on the basis of lawful freedom of expression.
The Independent UK · Sep 29, 2023 FCA changes rules for insurers of leasehold buildings after Grenfell Insurance premiums have soared since the fire claimed the lives of 72 people in the London tower block.
The Independent UK · Sep 28, 2023 Starling Bank is boosting its current account interest rate to 3.25% The challenger bank said the move will mean customers do not need to move money into separate accounts to earn interest.
The Independent UK · Sep 26, 2023 FCA uses ad tied to Dumb Money film to warn cinemagoers of investment risks The drive is part of the InvestSmart campaign, which encourages consumers to make better-informed investing decisions.
The Guardian - UK · Sep 25, 2023 Talking Horses: Dance ban latest twist in story of debts and alleged fraud Horses of prominent owner have again been suspended from competing at racecourses with immediate effect
Evening Standard · Sep 25, 2023 Watchdogs need to be bold to boost diversity in the City City Comment: The FCA and PRA’s words today are welcome, but progress has been slow
The Guardian - UK · Sep 24, 2023 FCA draws up tougher rules to protect women from workplace abuse Watchdog thought to be including guidance on its ‘fit and proper’ test for non-financial misconduct