UK Neobank Monzo Marks First Profitable Year
British neobank Monzo is planning further expansion as it marks its first profitable year. The company’s annual report, released Monday...
archiveemea
ECB Member Calls for Easier Cross-Border Bank Mergers
European Central Bank (ECB) governing council member Françoise Villeroy de Galhau reportedly said Wednesday (May 29) that mergers of banks...
Disney’s U.K. Commissioning Arm Sees Revenue Drop by Over Half Following 2022’s All-Time High of $270 Million
Disney’s U.K. commissioning subsidiary Walt Disney EMEA Productions Limited has reported more than a 50% drop in revenue from the...
Revolut Debuts Crypto Exchange for Professional UK Traders
British FinTech Revolut has unveiled a stand-alone cryptocurrency exchange for professional crypto traders. Revolut X, announced Tuesday (May 7), is...
Sterling holds gains as budget provides few shocks
LONDON, March 6 (Reuters) - The pound held onto slight gains against the dollar on Wednesday as traders digested Britain's...
Zelenskiy met by Republican doubts in 11th hour push for US aid to fight Russia
WASHINGTON, Dec 12 (Reuters) - Ukrainian President Volodymyr Zelenskiy faced a skeptical reception from key Republicans during a trip to Washington on Tuesday to seek more military support against Russia, but he won a pledge at the White House that the U.S. has his back.Republicans have been reluctant to sign off on a funding request from Democratic President Joe Biden under which Ukraine would receive $61.4 billion.House of Representatives Speaker Mike Johnson, a Republican, said after meeting with Zelenskiy that Biden's administration must provide more detail about how the money...
UK lenders face smaller impact from Basel rules than rivals, BoE says
A general view of the Bank of England in the City of London, Britain, September 25, 2023. REUTERS/Hollie Adams/File Photo...
EU to propose sanctions on violent Israeli settlers in West Bank
European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS, Dec 11 (Reuters) - European Union foreign policy chief Josep Borrell said on Monday he would propose sanctions against Jewish settlers responsible for violence against Palestinians in the Israeli-occupied West Bank.Borrell was speaking after EU foreign ministers debated possible next steps in their response to the Middle East crisis triggered by Palestinian militant group Hamas's deadly Oct. 7 attack on Israel from Gaza.While much international attention has focused on the...
U.S., South Korea, Japan to step up actions on North Korea cyber threats
SEOUL, Dec 9 (Reuters) - The United States, South Korea and Japan agreed new initiatives on Saturday to respond to...
Post-Brexit ‘Big Bang’ reform of UK financial sector a ‘damp squib’, say lawmakers
People walk through the City of London financial district in London, Britain, September 13, 2021. REUTERS/Hannah McKay/File Photo Acquire Licensing...
