UK Crime Agency, Banks Cooperate to Identify Organized Crime
The United Kingdom’s National Crime Agency (NCA) and seven U.K. banks are working together to identify and take action against...
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UK Banking Giants Accused of Breaching CMA Rules
Four major U.K. banks have been accused of violating a regulator’s competition rules. The Competition and Markets Authority (CMA) says HSBC, Lloyds, TSB and AIB all breached a...
CHAPS Payment System Service Restored
The Bank of England said Thursday (July 18) that a global payments issue that was affecting CHAPS, the United Kingdom’s high-value payment...
Boutique Investment Bank Ardea Reportedly Eyes UK Expansion
Boutique investment bank Ardea Partners is reportedly planning to expand in the U.K. As the Financial Times (FT) reported Monday...
Citi Taps Barclays’ James Morris to Lead UK Commercial Banking
Citi has a new head of commercial banking (CCB) for the United Kingdom. James Morris, a 25-year veteran of British...
Visa and Wirex Partner on Digital Currency Use in Europe, UK
Visa has teamed with WireX to promote the use of digital currencies in Europe and the UK. “This collaboration will...
Digital Job Growth in UK Hits Lowest Level in Decade
Great Britain’s digital sector is reportedly seeing its slowest job growth in a decade. As Bloomberg News reported Thursday (July 11), this...
Revolut Chair Not Ready to Commit to Going Public in UK
Revolut’s chair is not ready to commit to an initial public offering (IPO) in London. Speaking to the Financial Times (FT)...
Circle Attains EMI License, Achieves MiCA Compliance
Circle has attained an Electronic Money Institution (EMI) license from the French banking authority, thereby achieving compliance with the European Union’s...
UK Neobank Starling Profits Soar 55% for Third Year in the Black
Starling has just finished its third profitable year amid plans to expand its software operations. The British neobank on Wednesday (June...
