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/wholesale

Shawbrook preps £2bn IPO

UK specialist lender Shawbrook has confirmed that it is planning a November initial public listing on the London Stock Exchange.

/retail

Brazil's PicPay eyes US IPO

Brazilian fintech PicPay is looking to raise up to $500 million in a US initial public offering, according to Bloomberg.

/ai

Microsoft and LSEG renew AI data partnership

The London Stock Exchange Group (LSEG) and Microsoft have announced the next stage of a multi-year partnership that will see the latter's AI technology applied to the exchange group's financial data.

/regulation

FCA launches open finance accelerator

The UK's financial watchdog, the Financial Conduct Authority (FCA) has announced details of its strategy and roadmap for promoting open finance.

/cloud

Exclusive: RLAM doubles down on data clarity with Aiviq’s TermsCloud

In an industry where legacy systems often linger far beyond their shelf life, Royal London Asset Management (RLAM) is charting a different course, one that prioritises precision, agility, and strategic clarity.

/payments

Major banks explore blockchain-based digital money

Some of the world's biggest banks, including Barclays and Goldman Sachs, are exploring the issuance of a 1:1 reserve-backed form of digital money that provides a stable payment asset available on public blockchains.

/crypto

Mastercard and Coinbase in bidding war for stablecoin firm BVNK - Fortune

Mastercard and Coinbase are battling it out to acquire stablecoin infrastructure platform BVNK in a deal that could be worth up to $2.5 billion, according to Fortune.

/wholesale

JPMorgan tells staff to register biometric data to access new HQ

JPMorgan Chase staffers will have to scan their fingerprints or eyes, rather than their ID badges, to access the bank's new New York headquarters.

/wealth

SoftBank in talks for $5 billion margin loan

SoftBank Group is reportedly asking global banks to borrow $5 billion as founder Masayoshi Son pours funding into AI investments.

/regulation

China probes Qualcomm for antitrust violation

US semiconductor manufacturer Qualcomm is under investigation in China for allegedly breaching antitrust laws for its acquisition of Autotalks.

/ai

Klarna and Google ink AI deal

Klarna has signed on to use Google Cloud's full AI stack, from infrastructure, to platform, to models.

/crypto

Citi invests in stablecoin outfit BVNK

Citi is the latest big-name traditional financial services player to invest in stablecoin infrastructure platform BVNK.