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Bussiness

FCA takes next steps in developing regulated crypto regime

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The UK's Financial Conduct Authority has set out its latest steps to improve the integrity of the UK's crypto market.EditorialThis content has been selected,...
Bussiness

London pre-open: Stocks to edge up; central bank announcements eyed

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London stocks were set to edge up at the open on Monday as investors eyed a week packed with central bank policy announcements.The FTSE...
Bussiness

FCA fines Wise CEO Käärmann £350,000 for breach of senior manager conduct

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Wise CEO Kristo Käärmann has been slapped with a £350,000 fine by the FCA for a breach of senior manager conduct relating to his...
World

Will Vladimir Putin do at BRICS what America dreads the most?

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The BRICS Summit 2024 at Kazan in Russia will be watched keenly by the United States. The BRIC grouping, including Brazil, Russia, India, and...
Bussiness

APP fraud declines in H1; card not present cases up by 26%

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Financial losses from authorised push payment (APP) fraud, romance and purchase scams and impersonation deceptions show a marked decline in the first half of...
Bussiness

Klarna sells UK loan book to hedge fund Elliot Avdisors

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Klarna is to offload its UK loans book to hedge fund Elliot Advisors in an effort to free up £30 billion to fund its...
Bussiness

TD Bank Shares Slide After Agreeing To $3 Billion Fine In Money Laundering Case

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Topline TD Bank will pay $3 billion in penalties to regulators as part of an agreement announced Thursday, sending the bank’s stock tumbling around 5%...
Bussiness

Starling Bank fined £29m for ‘shockingly lax’ AML screening

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The Financial Conduct Authority has fined Starling Bank £29 million for failings related to its financial sanctions screening.EditorialThis content has been selected, created and...
Bussiness

Lloyds hires AWS exec to head up new AI and analytics unit

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Lloyds Banking Group has hired an executive from Amazon Web Services as its first director of artificial intelligence andd analytics.EditorialThis content has been selected,...
Bussiness

Bank of England’s interest rate decision on a knife-edge, economists say

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The Bank of England’s next decision on interest rates sits on a “knife-edge”, experts have said, as borrowers wait to see if costs will...
Bussiness

Lloyds to convert old data centres and offices into social housing

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Lloyds Bank Group is to convert decommissioned data...
Travel

Commbank adds car buying and travel bookings to mobile app

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Commonwealth Bank of Australia has added travel bookings...
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