Lloyds Banking Group to hire 300 tech experts to work on AI
Lloyds Banking Group has launched an AI recruitment drive for 300 tech experts, weeks before its chief executive, Charlie Nunn, unveils a strategic plan for the 261-year old lender.
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Barclays to buy GoHenry kids’ debit card and money app
Barclays is to buy an app designed to help children understand and manage their money, as it targets young people in affluent families.
World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds
JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say
Lloyds customers unable to make payments due to IT glitch
Bank apologises after IT update caused problems with Lloyds, Halifax and Bank of Scotland apps
Tony Blair is strong on diagnosis, deluded on prescription: Britain’s ills can’t be fixed by him | Larry Elliott
The former PM’s essay rightly calls for a coherent economic plan, but then sets too much store by AI – and a worldview stuck in the past
NS&I failures pile on the agony for bereaved families chasing missing premium bonds
“It has been more than a year of hell,” says Kate Constable about the time it took to claim £46,000 in premium bonds belonging to her late mother.
Metro Bank investors urged to reject executive pay report
Bonus scheme that could hand CEO a £60m windfall is ‘significantly out of line’ with market, says proxy adviser
2021 in Review: The African Continental Free Trade Area - Wolters Kluwer
2021 was significant for Africa with respect to the African Continental Free Trade Area (‘AfCFTA’) and the Agreement establishing it. The aftermath of the COVID-19 pandemic generated a global economic crisis at a very c…
Learning from a Bad Trade - The Big Picture - The Big Picture
A Bad Bear Stearns Trade Can Teach Investors a Lot It doesn’t have to take a decade to learn some valuable lessons. Bloomberg, January 6, 2020
SIX Digital Exchange to settle stock trading using R3’s Corda blockchain - ledgerinsights.com
has selected R3’s Corda Enterprise to run its digital asset trading platform. SIX operates Switzerland’s main stock exchange. Initially planned for the first half of this year,
Joint statement by UK and US authorities on continuity of derivatives trading and clearing post-Brexit - Bank of England
Market participants can be assured of the continuity of derivatives trading and clearing activities between the UK and US, after the UK’s withdrawal from the EU, following this joint statement by the Bank of England inc…
FRB: The Cleared Bilateral Repo Market and Proposed Repo Benchmark Rates - Federal Reserve (.gov)
Overview As described in a recent statement and blog post , the Federal Reserve Bank of New York (FRBNY), in cooperation with the Office of Financial Research (OFR), is considering the publication of several new benchma…
Andrea Leung - Markets Media
Steve Leung Design Group (SLD), the interior design practice established by the eponymous architect and designer, Steve Leung, is venturing into the European market through a collaboration with Italian designer Andrea B…