The sale of financial services company IFG  values the group at £206 million. Photograph: iStock

British authorities have approved the sale of financial services company IFG to UK-based private-equity group Epiris, clearing the way for the deal’s (...)

The switch to electronic trading might have blunted the banter-driven boys’ club image, but foreign exchange is still male-dominated.  Photograph: Ralph Orlowski/Reuters

After her best year trading currencies, a female trader on a large US investment bank’s foreign exchange desk was expecting good news at the bonus mee(...)

The Central Bank did not initially say how much longer businesses would be given to comply with the new rules

The Central Bank of Ireland has delayed the enforcement of new EU regulations aimed at making online payments more secure. The move comes just two da(...)

KPMG has been handed a £5 million fine for misconduct in work for BNY Mellon, the world’s largest custodian bank, over breaches that were described as “truly exceptional” by British regulators.  Photograph: Niall Carson/PA

KPMG has been handed a £5 million fine for misconduct in work for BNY Mellon, the world’s largest custodian bank, over breaches that were described as(...)

The FCA said Standard Life failed to monitor the quality of calls between sales people and clients to correct abuses

Standard Life has been fined £30.8 million (€34.3 million) by UK regulators over how it handled sales of some pension products. The Financial Conduct(...)

Ireland and Luxembourg are among the biggest fund domiciles in Europe, together accounting for 56 per cent of assets invested in Ucits funds

Assets invested in European mutual funds hit a record high this year, pushing past the €10 trillion mark. Ucits, which stands for “undertakings for (...)

After a four-year investigation the FCA found no evidence of dishonesty by senior individuals at Royal Bank of Scotland. Photograph: Peter Nicholls/Reuters

UK politicians condemned as a “complete whitewash” a long-awaited report by the UK’s financial regulator over why it failed to take action against the(...)

Metro Bank’s accounting error misclassified £900 million worth of loans as being less risky than they actually were. Photograph: Hannah McKay/Reuters

Metro Bank shares fell 10 per cent as three US law firms announced they were investigating whether the lender’s bosses took part in securities fraud. (...)

Amigo’s revenues in the 12 months  to March 31st rose  28 per cent to £271 million, while pretax profits jumped 68 per cent to £111 million. Photograph: Leonhard Foeger

The chairman of Amigo Loans said the company would fight back against “urban myths” about its business after financial regulators threatened a crackdo(...)

Coinbase has more than 25 million users across 53 countries with more than $150 billion traded on its platform to date

Cryptocurrencies such as bitcoin are becoming more socially acceptable, with Central Bank-backed digital currencies likely within the next 10 years. (...)

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