Tag: Britain

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Britain’s bank ‘ring-fencing’ rules need simplifying

Capital rules imposed on Britain’s high street banks after bailouts during the global financial crisis have not harmed competition. But it may need simplifying....

FTSE 100 hits fresh 1-1/2 year high

Britain’s FTSE 100 rose in the first trading session of 2022. This is after its best annual gain in five years. That too after...

Britain’s financial watchdog vigilant ahead of COVID

The Financial Conduct Authority said that regulators will monitor how Britain’s furlough scheme ends for signs of distress among consumers. It also said it...

Britain unveils plan to return NatWest to majority private control

Britain’s government unveiled a blueprint for returning NatWest to majority private ownership within a year, more than a decade since bailing out the lender...

Britain’s Lloyds enters private rental market

British lender Lloyds Banking Group said that it has launched its private rental business. And the main aim of this business is to buy...

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Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch

A coalition of 21 financial institutions, including Goldman Sachs,...

China Deploys Traffic Robots to Handle Routine Police Duties

China is testing humanoid robots for traffic-control work, assigning...

Pentagon Push for Faster AI Development Drives Smack Technologies’ $61 Million Funding Round

Smack Technologies, a defense technology startup developing artificial intelligence...

General Atlantic’s IPO Plans Revived With JPMorgan as Lead Bank

Investment firm General Atlantic is moving ahead with plans...

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