Recent Posts

BOE begins talks with debt office on sales of QE bonds

  Bloomberg The Bank of England (BOE) has begun talks with the UK Debt Management Office and the Treasury over how to handle active sales of bonds held in its quantitative easing (QE) portfolio, according an official with knowledge of the matter. The discussions come as the central bank last week said it would begin running down its 875 billion ...

Read More »

Hong Kong banks to halt operations at quarter of branches

  Bloomberg Hong Kong’s banks will suspend operations at one in every four branches in the city after a number of employees were infected with Covid, the South China Morning Post has reported. HSBC Holdings Plc, Standard Chartered and Bank of China and another 13 major lenders will close a total of 276 branches. The closures started last week and ...

Read More »

Starling seeks $3.4bn value in funding round

  Bloomberg Starling Bank Ltd. is weighing plans for a fresh funding round that could value the UK challenger at around 2.5 billion pounds ($3.4 billion). The digital lender is considering raising money from its existing backers, which include Goldman Sachs Group Inc., the people said, asking not to be identified because the information is private. London-based Starling is bidding ...

Read More »
Send this to a friend