Sun.Jul 09, 2023

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Revealed: shares held ‘in secret’ by scores of MPs raise questions about vested interests

TheGuardian

Exclusive: MPs found to hold ‘in effect secret’ stock in listed firms from banks to housebuilders Wife of Tory MP who criticised windfall tax on oil firms has £50,000 in BP shares Attorney general and close family hold £130,000 in shares in six FTSE 100 firms Which UK MPs own shares in publicly listed companies? More than 50 MPs have owned stakes in publicly listed companies that raise questions about possible conflicts of interest and that until now have been in effect secret, the Guardian can

Taxes 145
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Banks, credit unions join in push for racially equitable underwriting

American Banker

Twenty lenders from across the country are participating in Underwriting for Racial Justice, a collaborative effort to develop new criteria that will enable marginalized borrowers to gain access to credit.

Lending 74
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Attorney general and close family hold £130,000 in shares in six FTSE 100 firms

TheGuardian

Exclusive: Victoria Prentis’s shareholdings not disclosed in registers despite potential for conflicts of interest Revealed: shares held ‘in secret’ by scores of MPs raise questions about vested interests Which UK MPs own shares in publicly listed companies? The attorney general, Victoria Prentis, and her close family members have shares in six FTSE 100 companies worth more than £130,000 that have never been publicly disclosed, the Guardian can reveal.

Company 110
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Banks, credit unions join in push for racially equitable underwriting

American Banker

Twenty lenders from across the country are participating in Underwriting for Racial Justice, a collaborative effort to develop new criteria that will enable marginalized borrowers to gain access to credit.

Lending 41
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Andrea Leadsom held shares in Barclays when questioning bank’s ex-boss

TheGuardian

Exclusive: Revelation about Tory former minister raises questions about adequacy of transparency rules It was her robust questioning of the former Barclays chief executive Bob Diamond that first brought Andrea Leadsom to political prominence. During the Treasury select committee’s review of Diamond’s part, as head of the bank, in the Libor rate-fixing scandal , the Conservative MP was viewed as having been masterly in her command of the subject and her attack on the banking sector.

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Jeremy Hunt reveals he was refused Monzo bank account

TheGuardian

Chancellor says barriers to careers in public life must be removed after being refused account ‘as a politically exposed person’ Jeremy Hunt was refused a bank account with Monzo last year, which the chancellor said was an example of the “barriers” faced by people wanting to work in public life. Hunt said he believed he was denied the account – before he became chancellor – because he was a “politically exposed person” (PEP).