E. Magnus Oppenheim & Co. Inc.
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Section 15(b) of the Securities Exchange Act of 1934 and Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist OrderRead More
HSBC Buys SVB UK: “Strategic Sense” or “Missed Opportunity”?
HSBC has acquired Silicon Valley Bank UK for £1, following the US Bank’s closure by regulators on Friday. The Bank of England (BoE) and HM Treasury have facilitated the transaction using powers granted by the Banking Act 2009. Chancellor Jeremy Hunt has confirmed that the deal has protected all customer deposits and that no taxpayer […]
Experian Spotlights Credit Invisibles in Latest UK Pilot
Experian is to pilot a new service this summer to help people with little to no credit history built out their credit files, for free, in three months or less. Information services company Experian has confirmed its intention to pilot a new service for credit invisibles that could help the financially excluded get better access […]
How is Cybersecurity Awareness in Africa Putting Companies in Danger?
Digital connectivity growth and a rapidly expanding technology ecosystem across Africa mean more people than ever own smartphones and use social media, artificial intelligence (AI) platforms and other applications than ever in the continent. But as the digital world opens its doors, are people in Africa aware of the dangers that lie within? Cybersecurity awareness […]
News & Views Podcast | Episode 106: Metaverse, Challenger Banks & Financial Inclusion
News & Views Podcast Episode 106: Metaverse, Challenger Banks & Financial Inclusion This week on the podcast, Polly, Tyler and Francis are back to delve into the hot topics of the fintech scene. Following on from The Fintech Times’ monthly theme of innovative technologies, the Metaverse is up on the chopping block as they discuss […]
Oscar winners 2023: The full list
• A major night for Asian representation • Analysis: ‘Everything Everywhere All at Once’ shines • Opinion: The casualties of these Oscars are telling • Michelle Yeoh makes history • Brendan Fraser flooded with emotion as he wins best actor Oscar • Hugh Grant’s awkward interview divides opinionRead More
First Republic Bank stock plunges 60%
First Republic Bank shares plunged by about 60% in premarket trading on Monday even after the regional lender announced steps to shore up its balance sheet.Read More
Toy store CEO turns to customers for help after SVB collapse
CNN anchor Poppy Harlow speaks with Ben Kaufman, CEO & co-founder of Camp, a toy company that got caught up in the collapse of Silicon Valley Bank and is asking customers for help to keep it afloat.Read More
Here’s how Silicon Valley Bank collapsed in 48 hours
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Biden explains how his administration is taking action to contain Silicon Valley Bank’s collapse
President Joe Biden on Monday underscored that the American banking system remains “safe,” laying out how his administration is taking action to contain Silicon Valley Bank’s collapse.Read More
