JP Morgan is set to build a new three billion pound headquarters in London’s Canary Wharf, an announcement that closely followed Chancellor Rachel Reeves’s recent budget. The move highlights the
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The Bank of England is set to rein in regulation on major lenders, aiming to lighten the administrative load faced by banks in the City and beyond. In a move
Digital challenger bank Monzo has been slapped with a £21 million fine by the Financial Conduct Authority (FCA) after its verification systems allowed customers to open accounts using patently absurd
In a significant move towards enhancing Britain’s financial services sector, the Bank of England is contemplating the establishment of a ‘concierge service’ for international financial firms seeking to enter the
