Financial News

Financial News

FN is the leading source of information about the investment banking, fund management and securities industries.

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TrueLayer, an open banking startup that provides financial data to Revolut, Cazoo and Nutmeg, is now valued at more than $1bn after closing a $130m funding round.

“It was a very intense time. The pandemic had come so quickly after the IPO that we needed to act fast to prepare for what might come next.”

Commission-free stock broker eToro said its Wall Street debut will be delayed because of regulatory hurdles for special purpose acquisition companies.

Celebrity-endorsed payment company Lanistar is facing a group employment tribunal claim from more than a dozen of its current and former staff who say the fintech firm owes them thousands of pounds in unpaid salaries.

A German fund group audited by KPMG has not complied with UK law in its London arm for years, Financial News can reveal.

HSBC is removing social distancing restrictions for investment bankers and traders in Canary Wharf, with 'refresher weeks' for returning staff

Barclays is expanding its female-focused startup fund to Europe, partnering with venture capital firm Anthemis to accompany the effort with a London-headquartered mentorship programme.

London mayor Sadiq Khan will “put pressure on the government” to work with the European Union and deliver a post-Brexit equivalence deal for financial services.

The Bank of England will require more staff if the government pushes ahead with plans to transfer EU laws into domestic regulation in the wake of Brexit, said the chief of banking oversight at the central bank.


Bitcoin’s self-proclaimed creator defends London court victory over crypto copyright

Mark Carney pockets £550k for 14 days’ work ahead of Bank of England departure

JPMorgan just promoted 320 people to MD — and more than a third are women

Gina and Alan Miller, among the City's fiercest critics of the UK regulator, have written to the parliament's influential Treasury Select Committee urging it to kick start an independent investigation into the collapse of Neil Woodford's flagship fund.

JPMorgan launches blockchain venture with Temasek for central bank digital currencies