Barclays, the British major bank, increased its half‑year profit and consequently lifted its earnings outlook, yet the stock price continued to decline.
Lenders to the distressed cloud tech firm Dye & Durham Ltd. have hired Houlihan Lokey Inc. as financial adviser amid heightened scrutiny of the company’s capital position.
HSBC Holdings Plc will hire over 100 AI specialists in Singapore and establish a global AI centre later this year, reflecting the British bank’s push to invest in technology that is changing financial industry workforces.
Vodafone Group Plc reported first‑quarter service revenue growth that exceeded analysts’ expectations, thanks to increased sales in Germany, its biggest market.
During the ongoing UK‑EU reset talks, French officials raised concerns about allowing the UK to take part in the EU’s €5 billion tech start‑up fund, signalling strained relations between the two sides over financial cooperation.
The U.K. fintech firm Wise had its request for a U.S. charter rejected by the OCC over AML/CFT concerns, despite recent approvals for other digital‑asset firms. Wise intends to file a new application through the OCC’s GENIUS initiative.
The SEC announced September discussions on extending trading sessions to a full 24‑hour cycle, prompting Nasdaq, Cboe and the London Stock Exchange to explore longer trading hours, signalling a potential shift in global market structures.
Revolut has started a secondary share sale for employees, pricing the company at a $115 billion valuation.
SecondFi, a UK‑based crypto platform, announced it will cease operations after a security breach that resulted in the theft of approximately $2.6 million worth of Cardano (ADA) due to a flaw in its wallet software.
The UK Parliament has set up a parliamentary inquiry to investigate how banks’ restrictions on cryptocurrency companies and their customers affect investment opportunities and market competition.