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Trust comes before EU access for city of London

The European Union is not intent on stealing business from the City of London. EU financial services chief Mairead McGuinness said that the future...

UK watchdog issues warning about 111 unregistered crypto asset firms

Britain’s markets watchdog said that more than 100 unregistered crypto asset firms posed a risk to the broader financial system. They had warned the...

EU watchdog tells banks to have a 10-year climate plan

Banks in the European Union must have a 10-year plan about their way of dealing with environmental, social and governance (ESG) risks to their...

GKN owner Melrose to return $1 BLN to shareholders after Nortek sale

Britain’s Melrose Industries laid out plans to return about 730 million pounds in cash to its shareholders after the company sold its Nortek Air...

SoftBank shrinks robotics business, stops Pepper production

SoftBank Group Corp is slashing jobs at its global robotics business. It has stopped producing its Pepper robot, as the conglomerate downgrades its industry...

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