Article Archive | Financial News London

August 2021

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Article Archive

August 25th, 2021

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25

Binance ‘refusal’ to cooperate leaves FCA unable to scrutinise crypto firm

By Emily Nicolle

2021-08-25T14:26:44Z

3 min read

Fintech FCA Regulation Cryptocurrency

Binance chief executive Changpeng Zhao has previously stated that the exchange intends to beef-up its compliance department

Legality of Spacs called into question in a spate of class actions

By

Jean Eaglesham

2021-08-25T14:13:23Z

5 min read

Citigroup offers Emea juniors a two-week ‘disconnected’ holiday

2021-08-25T13:11:05Z

1 min read

Citigroup Investment Banking

Banks are making efforts to shake-up their long hours culture and improve work-life balance for junior staff amid an increase in burnout, as well as hiking salaries in a bid to retain staff

Loss hits eToro amid slowed user growth on fading GameStop hype

By Emily Nicolle

2021-08-25T12:27:40Z

2 min read

GameStop Spacs Fintech Trading eToro Cryptocurrency

Hollywood actor Alec Baldwin appeared in an advertising campaign for eToro in 2020

Proof of Covid-19 jab should be required for office return, say 43% of City staff

2021-08-25T12:11:22Z

2 min read

Coronavirus Credit Suisse Investment Banking JPMorgan Goldman Sachs

Over 43% of 110 senior financial services professionals polled by Financial News said that staff should be required to divulge whether they have had their Covid-19 vaccination

Could free shares land Robinhood in trouble with companies and regulators?

By

Paul Kiernan

2021-08-25T12:02:16Z

4 min read

SEC Trading Regulation Robinhood

Atom Bank files £36m loss as it aims for 2022 breakeven

By Emily Nicolle

2021-08-25T09:31:53Z

2 min read

Fintech Atom Bank

Atom Bank's chief executive Mark Mullen

Goldman Sachs mandates vaccines for staff and visitors who want to enter its offices

By

Peter Rudegeair

2021-08-25T07:23:00Z

1 min read

Coronavirus Investment Banking Goldman Sachs

EY fined £3.5m over Stagecoach audit failure

By Emily Nicolle

2021-08-25T06:33:37Z

3 min read

Accountancy EY FRC

The FRC said the respondents had not acted recklessly or intentionally, but identified several serious deficiencies in its 2017 audit of Stagecoach

Staff churn doubles at Scottish FCA ahead of pledge to boost hiring

By Lucy McNulty

2021-08-24T23:01:24Z

3 min read

FCA People Scotland Regulation

Headcount at the FCA's Edinburgh office dropped again in the three months since May

KPMG urges staff to whistleblow in bid to halt ‘leaky sieve’ after CEO’s exit

By Lucy McNulty and James Booth

2021-08-24T23:01:40Z

5 min read

Accountancy KPMG

Big Four firm says its Speak Up app should be used to raise issues, not the press

BNP Paribas joins Wall Street salary bidding war for junior bankers

2021-08-24T23:01:51Z

2 min read

Investment Banking BNP Paribas

The bank has increased pay from $85,000 to $100,000