BankingHow a Colombian billionaire Jaime Gilinski rode to the rescue at Metro BankOctober 9, 202356To date, he has left his daughter to play an active role in Metro on the family’s behalf. Dorita Gilinski,...
CryptocurrencyRipple buys crypto infrastructure startup in its second acquisition of 2023September 8, 202332Brad Garlinghouse, chief executive officer of Ripple, speaks during the CoinDesk 2022 Consensus Festival in Austin, Texas, US, on Saturday,...
EconomyUK not ‘closed for business’ after Microsoft-Activision deal blocked, CMA insistsMay 19, 202336Activision is one of the biggest gaming companies in the world and owns titles including Call of Duty, World of...
BankingIt is unwise to let Deutsche Bank buy one of Britain’s last investment banksApril 29, 202350Numis’s management and shareholders will no doubt be happy enough with the 70pc premium the German lender is paying. Even if...
MoneyInnovations in Payments: Regulation, Infrastructure, and OpportunitiesApril 4, 202348Much is written about revolutionary developments in payments, but the reality of progress in such a complex area is that...
BankingAcorns acquires kid-focused fintech GoHenry to expand in EuropeApril 3, 202349Micro-investing fintech Acorns has acquired child and teen-focused digital banking startup GoHenry to fuel an expansion into Europe.Acorns said it...
FundsUK Regulator Targets Client Money Protections in Priorities for Payments FirmsMarch 17, 202347On March 16, 2023, the UK Financial Conduct Authority (the FCA) published a letter1 to the CEOs of UK electronic money...
MoneyFinCEN Issues ‘First-of-its-Kind’ Order Against Crypto Asset Exchange Linked to Illicit Russian ActivityFebruary 1, 202340On January 18, 2023, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) designated Bitzlato Limited (Bitzlato), a crypto asset...
FundsIncreased Scrutiny in the U.S. and the UK on the Financial Activity of Russian OligarchsJanuary 19, 202345As the war in Ukraine rages on, recent advisories from financial crime agencies in the United States and the United...
FinanceDutch Court Holds Former Director Personally Liable for EU Cartel FineDecember 19, 202250On December 12, 2022, the Dutch Arnhem-Leeuwarden Court of Appeal (the court) confirmed that a former director of Heiploeg, a...