Latest Market News

The Financial Conduct Authority has fined Barclays Bank Plc (Barclays) £783,800 for oversight failings in its relationship with collapsed payments firm Premier FX. Barclays was Premier FX’s sole banker in the UK. The financial penalty takes into account that Barclays has agreed voluntarily to cover the losses of Premier FX customers whose claims have been […]

This page contains information about fines published during the calendar year ending 2022. The total amount of fines so far is £783,800. Firm or individual fined Date Amount Reason Barclays Bank plc 28/02/2022 £783,800 This Final Notice (Barlclays Bank plc) refers to breaches of PRIN 2 related to financial crime in the corporate banking sector. […]

EURUSD plunged; the demand for the “safe” USD remains quite high.   The major currency pair is forced to consider global market turbulence. The current quote for the instrument is 1.1169. The “greenback” is supported by the increased demand for “safe haven” assets among risk aversion on global financial markets due to geopolitical tension escalation. […]

Moods in the crypto market remain mixed. On the one hand, people are still ready to avoid risks here as soon as things become tough. On the other hand, all the information is already included in the prices. The BTC has got into a flat between 35,000–40,000 USD. On Monday, the BTC is trading at […]

W. P. Carey Inc. WPC, +2.60%, a net lease real estate investment trust, said Monday it has agreed to merge with Corporate Property Associates 18 — Global Inc. in a deal valued at about $2.7 billion, including the assumption of debt. The deal is expected to close in the third quarter. Under the terms of […]

The geopolitical news flow is likely to result in volatile moves in Bitcoin (BTC) and altcoins in the next few days. News of Russian President Vladimir Putin ordering the nuclear deterrence forces on high alert may be viewed as a negative, but reports of talks between the warring nations could be positive as it raises […]