Jack Dorsey’s Block expands Square Card service to the UK
Marco Bello | AFP | Getty Images LONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched…
Dutch government to reduce its stake in ABN Amro by a quarter
Jasper Juinen | Bloomberg | Getty Images The Dutch government on Tuesday said it will reduce its stake in lender…
Banks and tech companies at odds over online fraud liability in UK
Meta is facing calls from U.K. banks and payment firms like Revolut to financially compensate people who fall for scams…
Digital bank Revolut slams Meta over approach to scams
Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg. Reuters British financial technology firm Revolut on Thursday criticized Facebook…
UK finance chief says public finances show $28 billion spending hole, cuts road and rail projects
Britain’s Finance Minister Rachel Reeves on Monday announced a raft of project cuts after detailing how the newly elected Labour…
British neobank Monzo boosts funding round to $610 million to crack U.S. market, launch pensions
British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year…
UK’s embattled Metro Bank expected to struggle to raise capital with ‘no easy solutions’
LONDON — The U.K.’s Metro Bank will likely struggle to raise fresh capital to shore up its balance sheet, according…
HSBC CEO on Farage-Coutts spat: ‘We do not exit clients based on their lawful personal views’
LONDON — HSBC CEO Noel Quinn said Tuesday that the lender would not “exit a client based on their lawful…
A CEO quits and the BBC apologizes to Trump ally Nigel Farage. A banking scandal erupts in Britain
LONDON — NatWest Group CEO Alison Rose resigned after a media storm over the termination of Brexit figurehead Nigel Farage’s…
