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UK Finance launched a tokenized deposits pilot in partnership with six major banks, including Barclays, HSBC and Lloyds Banking Group. UK Finance, a trade association representing over 300 financial services firms in the United Kingdom, has launched a joint pilot project for tokenized sterling deposits (GBTD). The trade group began the pilot phase for the…
“Barclays bankers kvetch over skimpy bonuses; morale ‘killed’” Junior bankers at Barclays just learned about their yearly bonuses — and some are so disappointed that they’re taking to social media to complain. The British-based bank — which typically pays less than larger peers on Wall Street like Goldman Sachs and JPMorgan Chase — was even…
” Goldman Sachs and Barclays invest in UK crypto trading platform Elwood “ Banking giants Goldman Sachs and Britain’s Barclays have joined a $70 million Series A funding round for the institutional crypto trading platform Elwood Technologies, founded by billionaire British hedge fund manager Alan Howard. Joining the round was crypto-friendly German bank Commerzbank, crypto…
“#Former Barclays CEO reportedly exchanged 1,200 emails with Jeffrey Epstein” Jes Staley — the former CEO of Barclays who resigned last week following an investigation into his ties to late pedophile Jeffrey Epstein — reportedly exchanged some 1,200 emails with the perverted moneyman over a four-year period. Some of those emails included mysterious terms such as…
“#Wall Street’s city-wide puzzle Compass raises over $1M for charity” Wall Street’s brightest minds battled it out on Saturday by hitting multiple locations around NYC to solve intricate, immersive puzzles, while raising more than $1 million for charity Good Shepherd. Goldman Sachs, JP Morgan, Bridgewater Capital, Element Capital (which sponsored the event), PDT Partners, Barclays,…
“# Santander’s UK arm follows Barclays in banning payments to Binance ” Spain-based bank Santander’s U.K. business will no longer be allowing its customers to send payments to Binance, citing warnings from the Financial Conduct Authority. Several replies from Santander’s U.K. Twitter help account today said the bank has “decided to prevent payments” to the…
“# Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments ” Barclays’ decision to stop facilitating British customers’ payments to Binance has been met with criticism by the cryptocurrency exchange after a spokesperson told Cointelegraph that the bank acted with “an inaccurate understanding of events.” “We are disappointed that Barclays appears to have taken…
“#Goldman Sachs welcomes bankers back with live music, food trucks” Goldman Sachs bankers finally schlepped back to their offices in New York this week — and the firm is trying to make their return as painless as possible. The Wall Street giant – whose chief executive David Solomon for months has been beating the drum…
“# Bitstamp crypto exchange hires former Barclays exec as new COO ” U.K.-based crypto exchange Bitstamp has hired a former director of financial services company Barclays’ payments team as its chief operating officer. In an announcement today, Bistamp said it would be appointing Sameer Dubey to the executive position as part of its effort to…
“# FCA releases detailed 5-point plan to make UK a fintech powerhouse ” Upon the announcement of the United Kingdom budget for 2020, Chancellor Rishi Sunak commissioned Ron Kalifa to conduct an independent review of the U.K. fintech sector. On Friday, eight months later, the FCA published the 108-page report, and it contains multiple clear…