Article Archive | Financial News London

May 2022

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Article Archive

May 12th, 2022

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12

Crypto is imploding — here’s all you need to know

By Penny Sukhraj

2022-05-12T14:18:11Z

1 min read

Fintech Bitcoin Cryptocurrency

Coinbase CEO Brian Armstrong said the firm has to update user terms to offer better protections to retail customers, in the event of bankruptcy amid the turbulence in crypto trading this week

KPMG fined £14m and ex-partner faces 15-year ban over forging documents in Carillion probe

2022-05-12T12:19:09Z

4 min read

Accountancy Financial Reporting Council FRC Professional services KPMG

Five of KPMG’s former staff had acted to mislead inspectors from the Financial Reporting Council who were looking into the firm’s audit of outsourcer Carillion in 2018

Why bonuses tied to ESG could leave a ‘sour taste’ in the City

By Bérengère Sim

2022-05-12T11:53:48Z

7 min read

Pay and Bonuses In-depth ESG People

Pressure is mounting on the City to introduce fair ways to link pay to ESG credentials

KPMG and former staff face ‘serious regulatory sanctions’ over misleading Carillion probe

2022-05-12T10:57:14Z

3 min read

Accountancy Carillion Financial Reporting Council FRC KPMG

Carillion went bust in 2018, despite having received a clean bill of health from KPMG, the firm's auditor

Citigroup names Tom Anderson as chief compliance officer

2022-05-12T07:59:09Z

2 min read

Citigroup Investment Banking People

Bitcoin tumble continues amid TerraUSD fall

2022-05-12T07:42:41Z

3 min read

Fintech Cryptocurrency

Coinbase warns crypto users may not be protected in the event of bankruptcy

2022-05-12T07:22:43Z

3 min read

Fintech Cryptocurrency

Regulators are investigating Elon Musk’s late disclosure of his Twitter stake

2022-05-12T07:11:09Z

5 min read

Fintech Twitter Regulation Elon Musk

Why Silicon Valley tech firms are flocking to London

2022-05-12T04:01:01Z

3 min read

‘Last year was a record year for investment into London tech companies, as the UK capital’s tech firms secured $24.9bn in funding – more than double any other European city

Millennials are set to leapfrog boomers in asset accumulation. Brace for the impact on markets

2022-05-11T23:01:32Z

5 min read

Commentary ESG Trading Stock Market View

To align with issues they care about, millennials are willing to use their disposable income on socially responsible causes or brands that share their values