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International

Sinead Cruise

After pledging disclosure, many UK banks still silent on race diversity data

Feb 03 2021

LONDON For many bankers, rising to seniority cements their status as a company insider. Citi executive Ireti Samuel-Ogbu never felt so out of place.

Surging investor interest sends bitcoin to peak past $23,000

Dec 17 2020

LONDON Bitcoin rose to a record high on Thursday, just a day after passing the $20,000 milestone for the first time, amid surging interest from larger investors. | Video

British fund firm Ruffer has 550 million pounds bitcoin bet - spokesman

Dec 16 2020

LONDON British fund manager Ruffer Investment Management last month made a bet on bitcoin now worth around 550 million pounds ($745 million), a spokesman for the company told Reuters, in one of the largest signals of rising institutional interest in the digital currency this year.

UPDATE 2-British fund firm Ruffer has 550 million stg bitcoin bet - spokesman

Dec 16 2020

* Made bet in November now worth around 550 mln pounds -spokesman

Analysis-UK subprime lenders face funding squeeze as COVID-19 fuels demand

Dec 15 2020

LONDON Soaring funding costs for Britain's subprime lenders are making it hard for them to meet growing demand from households crushed by the pandemic, industry executives and experts told Reuters.

Banks split over British bounce back debt plan

Dec 11 2020

LONDON Only 10 British banks have signed up to an industry-wide plan for collecting unpaid emergency COVID-19 loans, with more than a dozen including HSBC considering going it alone, sources told Reuters.

Banks split over British bounce back debt plan

Dec 11 2020

* Forecasts suggest up to 80% of 'bounce back' loans may sour

From romance scams to phantom PPE, banks battle coronavirus crimewave

Dec 10 2020

LONDON Fraud risk analyst Rajendran Raj was used to the odd out-of-hours alert from authorities, but a call one Saturday in March heralded a new era, of tackling criminals seeking to cash in on coronavirus.

Saving the City: London's finance district plots reboot as COVID compounds Brexit

Dec 09 2020

LONDON For fintech entrepreneur Lewis Liu, no other city on earth could compare to London.

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