BankingTory MPs demand review of Bank of England independenceMay 18, 202442A group of Conservative backbenchers have demanded a review of the Bank of England’s independence, accusing it of costing taxpayers...
CryptocurrencyCrypto Exchange Kraken Mulls Pulling Support for Top Stablecoin USDT in the EU: ReportMay 18, 202417The San Francisco-based crypto exchange Kraken is reportedly mulling whether to pull support for the stablecoin USDT in the European...
BankingHSBC Bank USA Launches Checking Account for BusinessesMay 17, 202495HSBC Bank USA has introduced a checking account for business clients that combines an earnings credit rate (ECR) with credit interest....
BankingThe towns where the banks disappeared: Banking black holes are revealed after bosses shut down 6,000 branches in just nine years – leaving some facing a 20-mile round trip to access their accountsMay 17, 202444Britons in areas with no banks said they are enduring 20-mile round trips to visit their nearest branch after it...
CryptocurrencyBitcoin Payment Processor IBEX Pay to Suspend Services in USMay 17, 202434Bitcoin payment processor IBEX Pay will suspend all its services in the United States, effective May 31. The company announced the move...
BankingLloyds Bank AGM disrupted by pro-Palestinian and climate protestersMay 16, 202440Lloyds Banking Group’s Annual General Meeting (AGM) has been disrupted by pro-Palestinian and climate activists.Several protesters stood up one by...
CryptocurrencyCircle to Shift Legal Base to US From IrelandMay 15, 202438As it prepares to go public, stablecoin issuer Circle is reportedly also planning a move. The company is preparing to transfer its legal...
FundsHow UK value funds are beating the marketMay 15, 202435Many UK value funds have raced ahead of the pack in recent timesWhat are the big differences between the leaders?...
BankingLydia Launches European Banking Super App Called SumeriaMay 15, 202424French payments app Lydia has launched a European banking super app called Sumeria. The company will invest more than €100 million...
BankingBank’s top economist says ‘not unreasonable’ to consider summer rate cutMay 14, 202435The Bank of England’s top economist has boosted hopes of lower borrowing costs after saying it is “not unreasonable” to...