Article Archive | Financial News London

June 2021

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Article Archive

June 8th, 2021

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Fastly stock drops after mass internet outage

By

Jack Denton

and

Callum Keown

2021-06-08T13:22:52Z

2 min read

Amazon's website was one of a number of major global website that appeared to be affected by outages on Tuesday.

Bidenomics builds on the best of California’s innovation strategy

By

Laura Tyson

2021-06-08T12:19:52Z

5 min read

Economics Coronavirus View

Fintech banking app Tide faces backlash over gender stereotyping in ads

By Emily Nicolle

2021-06-08T11:24:28Z

5 min read

Tide The Fintech Files Fintech Diversity

Miriam Emele is the founder and CEO of Camie & Lily’s, one of the businesses highlighted in Tide’s ‘Rise Entrepreneur’ advertising campaign

Major investors dial down bitcoin price targets to $47,000

By David Ricketts

2021-06-08T10:59:41Z

2 min read

Bitcoin Asset Management cryptocurrencies

Bitcoin’s price has slumped from its record high of more than $63,000 in April to around $33,000

Hedge funds book largest gains since 1996 on back of US reopening boom

2021-06-08T10:58:20Z

3 min read

After a strong year for the hedge fund industry Sir Chris Hohn almost doubled his worth to £2.5bn

London Metal Exchange U-turns on closing iconic trading ring

2021-06-08T10:08:50Z

2 min read

London Metal Exchange Trading

Traders react on the trading floor of the open outcry pit at the London Metal Exchange Ltd. Simon Dawson/Bloomberg via Getty Images

View: Why these Brexit dodges just won’t cut it anymore

2021-06-08T08:31:24Z

4 min read

Brexit Regulation

Leaving the EU means restricted market access for UK financial services firm, but some might be pushing the boundaries.

Here’s how crypto bulls are reacting to bitcoin’s newest slide

By Emily Nicolle

2021-06-08T08:19:57Z

3 min read

Fintech Bitcoin Cryptocurrency

Anthony Scaramucci, founder of New York hedge fund SkyBridge Capital and former Trump communications director, said bitcoin early adopters will hate the fact they recovered the money but noted it's positive for institutional adoption

KPMG partner exits firm amid tribunal over Silentnight private equity takeover

2021-06-08T07:18:25Z

3 min read

Accountancy Private Equity FRC Pensions KPMG

David Costley-Wood retired on 4 June, according to a KPMG spokesperson

The inside track on Credit Suisse’s $5.5bn Archegos fallout

By

Emily Glazer

and

Margot Patrick

2021-06-08T07:15:41Z

12 min read

Credit Suisse Investment Banking Archegos

Meet the Spac champs nabbing big deals as market tightens up

2021-06-07T23:01:37Z

6 min read

Blank-cheque companies have attracted celebrity interest over the past 12 months, including from tennis champion Serena Williams