FCA opens 'safe space' for AI testing in finance
The FCA launches its first AI live testing scheme with NatWest and Monzo. The initiative aims to ensure safe AI deployment in UK financial markets. Read the full story.
Category : Search result: financial services licence
North London off-licence approved despite crime concerns
A new off-licence in Stonebridge, once dubbed London's 'gun capital', gets approval with strict conditions after 60+ objections. Will it undermine crime reduction?
Inspectors praise City of London SEND services
A joint Ofsted and CQC report has praised the 'positive experiences' for children with special educational needs in the Square Mile. Read the full findings.
Revolut in new spat with regulators over CEO's UAE move
Revolut faces scrutiny after failing to inform UK watchdogs that CEO Nik Storonsky shifted his residency to the UAE. The fintech giant insists the move doesn't affect management.
AI Puts 2.1 Million UK Jobs at Risk, OBR Says
OBR analysis reveals over 2 million jobs in key UK sectors face AI automation. Discover the Treasury's response and the potential impact on the economy.
Jane Street injects £500m into UK trading unit
Global trading giant Jane Street has provided its UK subsidiary with £500m in fresh capital, significantly expanding its British operations and market presence. Discover the strategic implications.
Deutsche Börse in £5.3bn Allfunds Acquisition Talks
German exchange operator Deutsche Börse is negotiating a potential €6bn takeover of fund platform Allfunds, creating a European investment giant. Discover the implications.
City Relief as Spring Budget Avoids Worst Fears
Jeremy Hunt's Spring Budget brings relief to financial services with measured reforms. Discover how the City avoided predicted tax raids and what changes lie ahead.
US Broker StoneX Expands Into London Hedge Fund Market
American financial giant StoneX launches ambitious London expansion targeting mid-sized hedge funds with prime brokerage services. Discover how this move shakes up the City.
Jefferies Launches Fixed Income Trading Desk
Investment bank Jefferies establishes new fixed income desk in London as part of outsourced trading expansion. Discover how this strategic move impacts UK financial markets.
Former Citadel Manager Moves to Eurasia Group
Eurasia Group appoints former Citadel portfolio manager to strengthen financial services division. Key strategic move signals expansion in political risk analysis.
Abu Dhabi Emerges as Global Finance Hub Through ADFW
Abu Dhabi Finance Week 2025 positions the emirate as a leading global financial centre, attracting institutions managing £32.3 trillion. Discover how ADGM's growth reshapes international finance.
FCA Executive Director Sarah Mills Resigns from Regulator
Sarah Mills, the FCA's executive director of consumers and competition, has resigned from her role. Discover the implications for UK financial regulation and what's next.
FCA Consumer Chief Sheldon Mills to Leave Watchdog
FCA executive Sheldon Mills is stepping down after eight years. He will lead a government review into AI's role in consumer financial advice. Discover the implications.
Investment Association CEO Chris Cummings Steps Down
Chris Cummings announces departure from Investment Association after transformative seven-year tenure. Search for successor begins as industry faces regulatory challenges.
BBC loses £1bn a year in licence fee revenue
MPs reveal the BBC is losing over £1bn annually from licence fee evasion and non-use, as streaming services gain popularity. Discover the future of public broadcasting.
JPMorgan's New UK Private Bank Boss Begins Role
JPMorgan appoints new UK private banking head as wealth management expands. Discover the strategic moves shaping London's financial landscape.
JPMorgan aims to double UK private banking business
JPMorgan's UK private banking head reveals ambitious five-year growth strategy to double business, focusing on wealthy entrepreneurs and international clients.
LionTrust profits fall 45%, targets £1.5m savings
LionTrust Asset Management reports 45% profit drop in H1 2024, launching strategic cost-cutting initiative targeting £1.5m annual savings amid market challenges.
Accountancy Firms Challenge Big Law's Market Share
Major accountancy firms are aggressively expanding into legal services, threatening traditional law firms' dominance. Discover how this shift impacts the UK legal landscape and what it means for clients.
Bain Capital Continues Amber River Acquisition Pursuit
US private equity giant Bain Capital remains in active negotiations to acquire London wealth manager Amber River as the bidding process extends. Discover the latest developments.
FCA Begins Private Markets Probe: Key Details
The Financial Conduct Authority has initiated a comprehensive review of private markets, examining valuation practices and liquidity concerns. Discover how this could impact UK investors.
Evelyn Partners Opens First Bids in £400m Sale
Evelyn Partners launches first bidding round for £400m wealth management arm. Discover the key players and timeline for this major financial services deal.
Dame Alison Rose to Chair Finanze's UK Business
Former NatWest CEO Dame Alison Rose takes helm at Finanze's UK division, bringing extensive banking expertise to drive growth in competitive financial sector.
DVLA's £1,000 fine for 118 undeclared conditions
UK drivers face a £1,000 fine for failing to report 118 specific medical conditions to the DVLA. Check the full list now to ensure you're driving legally and safely.
Fulham shop licence revoked over underage sales
A West London shop has been shut down after repeatedly selling alcohol to underage girls, including one who ended up in intensive care. Read the full investigation details.
Female Finance Leaders Share Career Advice
Senior women in finance reveal crucial career strategies for the next generation. Learn how to embrace risk, build networks and overcome barriers in the industry.
JPMorgan Plans 200 Wealth Adviser Hires Next Year
JPMorgan Chase announces major expansion of UK private banking with 200 new wealth adviser roles. Discover how this strategic move targets high-net-worth clients.
Ex-BBC Chief: Don't Pay Trump Licence Fee Money
Former BBC director general Tony Hall insists the corporation must not pay Donald Trump after the ex-president threatened a $5bn lawsuit over a misleading Panorama edit.
Cruz Beckham loses licence after speeding tickets
Cruz Beckham has had his driving licence revoked after accumulating six points for speeding in 20mph zones. The 20-year-old must now retake his driving tests. Read the full story.
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