Wefox CEO Julian Teicke. Wefox Wefox, the $4.5 billion German insurance coverage know-how group, has raised $55 million of recent funding from Deutsche Bank and UniCredit, two nameless sources aware of the deal instructed CNBC. The corporate, which sells insurance coverage through a web based platform, raised the recent money in a debt financing deal … Read more
Individuals stroll exterior the Financial institution of England within the Metropolis of London monetary district, in London, Britain, January 26, 2023. Henry Nicholls | Reuters LONDON — The Bank of England is extensively anticipated to maintain rates of interest unchanged on Thursday, as knowledge continues to point out moderating worth pressures and weakening financial exercise. … Read more
A view of the Canary Wharf monetary district of London. Prisma by Dukas | Common Photographs Group | Getty Photographs LONDON — Barclays on Tuesday reported a internet revenue of £1.27 billion ($1.56 billion) for the third quarter, barely forward of expectations as robust ends in its client and bank card companies compensated for weakening … Read more