Small ‘dirty cash’ fortune of £5.1m found in Fulham flat – stashed under beds May 28, 2021 A small fortune of £5.1m in “dirty cash” was found in a Fulham flat – stashed under beds, in cupboards and strewn on the floor, police have said today. Three money launderers are facing prison following the Met police’s largest single cash seizure last summer. Police said it was left across the flat because the gang [...]
Easy does it for travel and leisure as they underpin the FTSE 100 today February 23, 2021 After a promising start European markets struggled to maintain their early market optimism today. However, some decent gains continue in the likes of travel and leisure stocks, with multi-month highs in a lot of cases. Over the last three days this renewed buoyancy has been evident in anticipation of a possible reopening, and with a [...]
Why the blockchain community needs ethics March 25, 2022 Crypto AM's Dr Jane Thomason examines why the blockchain community needs to ensure it has ethics in its DNA.
Saudi Aramco’s profits plunge 44 per cent as oil demand slides March 22, 2021 Oil group Saudi Aramco will keep its $75bn dividend promise to shareholders despite profits almost halving in 2020 as Covid rocked economies. The world’s biggest oil firm said net income had dropped to £35.4bn, down 44 per cent compared to the previous year. Aramco has taken on more debt in the past 12 months to [...]
Crypto currencies have always shunned institutions, but to gain legitimacy they must learn from banks August 28, 2021 Crypto has had a whirlwind of a year. Bitcoin bounced between dizzying peaks and rock bottom troughs, financial institutions bought and sold crypto assets in droves, mainstream consumer payment providers started offering digital assets to customers, and scores of crypto exchanges and custodians were hit by expensive cyberattacks. Crypto’s greatest challenge is simply lack of [...]
Economist gets in squabble over bitcoin tape July 3, 2019 A top economist has hit out at Bitcoin, saying it will be confined to museums in five years, and sparking a backlash from the crypto community. Nouriel Roubini, famed for predicting the 2008 financial crisis, said that cryptocurrencies bitcoin, ethereum and monero will be consigned to the Museum of Failed Coins, according to reports. Read [...]
City A.M. TV: A Market Snapshot May 24, 2021 Are markets resilient or rolling? That’s a key question currently on investors’ minds. That’s especially so given the concerns about the recent high US core CPI inflation print as well as the troubling price action in Bitcoin. In this clip, we stand back from the market noise and look at what the price action is [...]
Welcome to the Metaverse – a bridge between the physical and virtual worlds March 9, 2021 The Metaverse is the bridge between the physical and virtual worlds, explains Dr Chris Kacher.
Monzo quietly introduces paid leave for loss of pregnancy May 10, 2021 Online bank Monzo has introduced paid leave for employees who are impacted by the loss of a pregnancy, as one of the first companies in the UK to do so. The pioneering policy forms part of the bank’s new mental health focus, which followed its founder and former chief executive, Tom Blomfield, step down from [...]