UK finance minister Hunt to make business tax break permanent – reports
Britain's Chancellor of the Exchequer Jeremy Hunt waits for the start of a speech by Prime Minister Rishi Sunak at...
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Binance’s Zhao to admit guilt, step down to settle US illicit finance probe
Zhao Changpeng, founder and chief executive officer of Binance speaks during an event in Athens, Greece, November 25, 2022. REUTERS/Costas Baltas/File photo Acquire Licensing RightsNEW YORK, Nov 21 (Reuters) - Binance chief executive Changpeng Zhao will admit violating U.S. laws as part of a $4 billion settlement resolving a years-long probe into illicit finance breaches at the world's largest crypto exchange, said two sources familiar with the matter.He will also step down and plead guilty to violating criminal U.S. anti-money laundering requirements in a Seattle federal court on Tuesday, the...
Sterling hits 10-week high, BoE officials reiterate higher-for-longer stance
British Pound and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing...
Yen jumps and dollar slips as traders eye interest rate tweaks
A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha/File Photo Acquire...
Britain to launch growth funds to attract pension pot cash
British Chancellor of the Exchequer Jeremy Hunt speaks during an interview outside the BBC Broadcasting House, after his appearance on...
US SEC sues Kraken crypto exchange over failure to register
Kraken cryptocurrency exchange logo is seen in this illustration taken July 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 20...
ECB rates to stay unchanged for next few quarters -Villeroy
Bank of France Governor Francois Villeroy de Galhau delivers a speech during the annual meeting of Small and Medium-sized Enterprises...
Dollar falls to two-month low on Fed view, yen strengthens
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNEW...
Citi names Gutiérrez-Orrantia Europe banking and cluster head in restructure
The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsLONDON, Nov 20 (Reuters) - Nacho Gutiérrez-Orrantia, one of Citi's (C.N) most senior bankers in Europe, will become banking and cluster head for Europe as part of its planned restructuring, the banker told Reuters on Monday.The latest step in the bank's reorganisation was announced on Monday, with Citi's CEO, Jane Fraser, saying that "the actions we're taking to reorganize...
EU backs fund focused on cutting energy wastage
European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON, Nov 20 (Reuters) - A private fund that plans to build power projects on sites such as hospitals and data centres to reduce energy wastage has secured backing from the European Union's investment arm.The European Investment Fund (EIF) said it had invested 125 million euros in the 'Green Energy Solutions Fund', which is run by Sustainable Development Capital (SDCL).The investment helped the fund hit its fundraising target of 650 million...