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Wise Stock Jumps 18% on Customer Deposits and Higher Interest Rates

Despite a few headwinds Wise has recently faced, the company's stock jumped after revealing a spike in profits and revenue.

Nigeria generalUnited kingdomCity ofAbu dhabiAbuz abyUnited arab emiratesKristo kaarmannMonetary policy committeeFinancial conduct authorityAbu dhabi global marketFinancial services regulatory authorityWise nuqud

Wise profits treble as CAB Payments confirms plans to list on the LSE

Wise, which specialises in international money transfers, posted a profit of £146.5m for the year to the end of March, up from £43.9m in 2022.

New yorkUnited statesUnited kingdomCity ofKristo kaarmannRuss shawLondon stock exchangeTech london advocatesMatthew briers

Wise finance boss to step down next year to recover from accident

Chief financial officer Matthew Briers will leave by next March to concentrate on making a full recovery.

City ofUnited kingdomKristo kaarmannDavid wellsTaavet hinrikusHarsh sinha

UK cuts NatWest stake below 40%, halved from peak

Stocks in London were called to open flat on Monday, after news that UK house prices hit a new record high in May and amid resumed talks to break the impasse over raising the US debt ceiling. US. | May 22, 2023

City ofUnited kingdomUnited statesJawa timurKristo kaarmannJoe bidenAntony blinkenJames bullardSophie roseMark wilsonAlliance news ltdDechra pharmaceuticalsHydrogen technologiesRoyal bankNational gridJohnson matthey

London s FTSE 100 holds on to gains ahead of US debt ceiling crunch talks

The FTSE 100, which is internationally focused and impacted by news in the US, gained 14.12 points, or 0.18%, to 7,770.99.

City ofUnited kingdomCraig erlamKristo kaarmannJoe bidenSmiths groupAdmiral groupUnited kingdom office for national statisticsDow jonesGoldman sachsPresident joe bidenKevin mccarthyNational statisticsUnited kingdom governmentStandard charteredGerman dax

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