Insurers face increased Covid-19 payouts to small businesses that were forced to close during lockdown, as the U.K.’s top court ruled in favor of policyholders in a dispute over coverage.
LONDON (dpa-AFX) - The U.K Supreme Court has ruled in favour of policyholders on the Financial Conduct Authority's or FCA business interruption insurance test case. This means that many thousands
The bank is combining its wealth management units to serve both the ultrarich and the less affluent; the small business loan program will open to all borrowers on Tuesday.
The U.K.’s Financial Conduct Authority and the president of the European Central Bank highlighted the need for more stringent regulatory scrutiny for cryptocurrencies this week.
Is Tether Just a Scam to Enrich Bitcoin Investors?
A widely used cryptocurrency can’t escape investigation and controversy and it may be fueling another coin bubble.
Shutterstock Premier Consumers who invest in cryptoassets “should be prepared to lose all their money,” the U.K’s Financial Conduct Authority
warned cryptocurrency investors on Monday. That message came amid an
11 percent decline in the price of Bitcoin, the industry’s premier asset, whose value had tripled in the last three months. But it’s a warning that might also apply to holders of a cryptocurrency that’s supposed to be one of the pillars of this innovative financial system.