Article Archive | Financial News London

July 2022

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Article Archive

July 13th, 2022

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The oil crisis may be just getting started, says IEA: ‘The world has never witnessed such a major energy crisis’

2022-07-13T16:14:59Z

2 min read

Investors look to bank earnings season for signs of a recession

2022-07-13T14:56:32Z

4 min read

Economics Investment Banking

Twitter cites UK national security law in legal letter to Musk as $44bn deal teeters

2022-07-13T13:58:38Z

5 min read

Legal Services Twitter M&A Elon Musk

While Twitter is US-listed and Musk is a US citizen, legal experts said raising the Act is a sign that the UK government may have at least an eye on what the deal could mean for its own interests

UK lawmakers open inquiry into crypto risks

By Penny Sukhraj

2022-07-13T13:14:20Z

1 min read

Fintech Politics Cryptocurrency

Crypto assets ‘have the potential to bring new and innovative changes to the UK financial system’, according to Mel Stride, chair of the Treasury Committee

Court makes Binance, other exchanges responsible for stolen crypto: Here’s why it matters

2022-07-13T13:09:43Z

3 min read

Fintech Regulation Cryptocurrency

Court ruling looks to shine a spotlight on thieves and fraudsters

Rothschild hikes junior banker pay for third time to keep pace with larger rivals

2022-07-13T10:30:09Z

2 min read

Pay and Bonuses Investment Banking People JPMorgan Goldman Sachs

In July last year, Rothschild increased analysts' salaries from £50,000 to £62,000, making it one of the best-paying banks in the City at the time

City law firms post bumper paydays, but challenges lie ahead

2022-07-13T09:42:48Z

2 min read

Pay and Bonuses Legal Services

Law firms have had a strong financial year, but there is some uncertainty about the future outlook

Rishi Sunak gains early momentum in race to become prime minister

2022-07-13T07:28:50Z

4 min read

Rishi Sunak says it would be unwise to promise unfunded tax cuts while the economy faces large headwinds from the pandemic, war in Europe and high inflation

UBS names Iqbal Khan as head of wealth management

2022-07-13T07:06:02Z

2 min read

A recent push by UBS into the US will now be in the hands of Iqbal Khan

Commodities and crypto fuel growing financial stability risk, watchdog warns

2022-07-13T07:00:11Z

3 min read

Fintech FSB Regulation Cryptocurrency

Klaas Knot calls LME disruption a 'small exception' to a wider market robustness that could be threatened by coming risks

Three Arrows accused of not cooperating with liquidators investigating digital assets

2022-07-13T06:57:13Z

3 min read

Fintech Cryptocurrency

Twitter files lawsuit against Elon Musk to force him to honour $44bn deal

2022-07-13T06:38:33Z

5 min read

Fintech Twitter

Twitter said it’s prepared to hold a stockholder vote on the deal as early as mid-August and that Musk must close the transaction within the following two days

Regulators urge clearing, settlement-style rules for stablecoins

2022-07-13T04:00:29Z

3 min read

IOSCO Crypto Regulation BIS

The Bank of England's Jon Cunliffe said while the recent crypto crash was not systemic, it could be in future