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Digital token was put on ice after a year of work, but the Treasury tells FN that taxpayers won't fit the bill

Crypto

Online Editor

The UK Treasury has said no taxpayers were left out of pocket after the government's failed attempt to launch a non-fungible token for the nation.

Then-chancellor Rishi Sunak first ordered the NFT for Britain to be created in April 2022 as part of plans to position the country as a world-leading hub for crypto technology.

Treasury says no taxpayer money was wasted on failed NFT-for-Britain plan

Justin Cash

Books and Literature

United Kingdom

Meet the female banker taking over JPMorgan’s UK private bank

Who is JPMorgan’s new UK private banking boss?

Ares launches first ever ELTIF as wealth push ramps up

Fiera Capital managing partner Catherine O’Reilly exits

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The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

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Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Ex-Bank of America trader joins Sumo as head of systematic fixed income trading

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Jugakalpa Das’ six-member pod will start trading for Sumo in July

Chicago-based Northern Trust has a market value north of $21 billion. The firms’ chief executives had at least one conversation.

Bank of New York Mellon Approached Northern Trust to Discuss Potential Merger

Oil climbed and Asian equity markets fell after the U.S. carried out strikes on Iranian nuclear sites over the weekend, raising concerns about an escalation of the conflict that began with Israeli attacks on Iran.

Oil Stays Volatile as Markets Weigh U.S. Attacks on Iran

In a bid to address an AI crisis at his company, the Meta CEO has gotten personally involved in recruiting top talent.

By Meghan Bobrowsky, Berber Jin and Ben Cohen

Zuckerberg Leads AI Recruitment Blitz Armed With $100 Million Pay Packages

Israel’s attack on Iran gave the greenback a boost after a long stretch of trouble. But the long-run prospects for the dollar don’t look good.

The shipments have propelled Ireland, a country of only 5.4 million people, to the second-largest goods-trade imbalance with the U.S., trailing only China.

How Weight-Loss Drugs Blew Out the U.S. Trade Deficit

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