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Binance is facing a hardening stance from regulators across the globe amid investor protection concerns

Crypto

Correspondent

Scammers conned British investors out of £36m of Binance’s cryptocurrency last year, according to figures released by City of London Police.

The figure represents more than a sixth of crypto frauds reported to Action Fraud, the UK’s national centre for cyber offences, which totalled £204m in 2021, nearly double the figure in 2020.

British investors report £36m of Binance crypto frauds

Alex Daniel

Crypto leaders say UK regulation has ‘lagged behind’ as FCA consults on rules

North of South Capital gets Dubai approval, London partner to lead new office

The big are getting bigger: Survival of the fittest among multi-strat hedge funds

Abrdn names tech chief for investments unit in latest appointment under Jason Windsor

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Alain Courbebaisse will take on role in the new year

Simpson Thacher hires Sidley Austin finance duo in London

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Leveraged finance lawyers are in high demand in London

Trading Places: EY names UK financial services head, BofA promotes 387 MDs

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Find out who is on the move in the City and beyond this week

The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

Bank of England Keeps Rates Steady After Fed Move

Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, adding that it now has the backing of more than 100 shareholders.

Activist Investor Widens Call for Review of Rio Tinto’s Dual-Listing

Activist Investor Palliser Capital Widens Call for Review of Rio Tinto’s Dual-Listing Status

In a 12-hour social-media barrage, the world’s richest man led a rebellion against a bill aimed at keeping the government funded.

Musk Draws First Blood With Spending Bill Bombshell 

Aides kept meetings short and controlled access, top advisers acted as go-betweens and public interactions became more scripted. The administration denied Biden has declined.

By Annie Linskey, Rebecca Ballhaus, Emily Glazer and Siobhan Hughes

How the White House Functioned With a Diminished Biden in Charge

Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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