In 1948 George Orwell, the old Etonian socialist visionary, wrote that his alma mater represented “a form of education that is hardly likely to last much longer”. The UK’s private schools had at the time managed to swerve out of the line of fire of the great postwar...
Near the Bank of England, there is a statue of George Peabody, “American philanthropist and great benefactor of the poor”. He was also a financier who came to the City of London, the world’s undisputed financial centre, and formed a bank with John Pierpont Morgan’s father in 1854.Wall...
Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered...
The clock just started on the latest effort to launch a bitcoin exchange-traded fund (ETF). The U.S. Securities and Exchange Commission (SEC) announced it was beginning its review of a bitcoin ETF rule change proposal filed by NYSE...
Hargreaves Lansdown’s own-brand funds have overwhelmingly failed to beat their benchmarks in the past three years, despite these funds generating twice as much customer fee revenue for the company as other funds. Hargreaves’ 10 multi-manager funds — portfolios of the company’s favourite funds across a variety of stock...
The head of MI6, the UK’s secret intelligence service, has warned Russia’s spy agencies to end their campaign to undermine and disrupt western institutions and alliances, threatening an “assertive response” from Britain and its allies.In a rare briefing with journalists ahead of the Munich Security Conference, Alex Younger...
A number of apps in Microsoft’s app store have been found to be able to illicitly mine cryptocurrency. The eight apps, discovered by Symantec on Jan. 17, hosted a version of Coinhive, a script for mining the monero cryptocurrency that has...
Spanish prime minister Pedro Sánchez on Friday called snap elections, two days after parliament rejected his ruling Socialist government’s 2019 budget proposal.The polls will be held on April 28, four weeks before May’s regional and European elections, bringing to an end the shortest administration in modern Spain.“The choice...
“My wife will shoot me if I let you see our messy bedroom,” says Stanley McChrystal, as we negotiate the figure-hugging stairs of his Virginia row home. “But I have been shot before.”America’s most controversial general since Curtis LeMay, that zealous bomber of things, is now a gracious...
When Stuart Appelbaum met three of Amazon’s top executives in Governor Andrew Cuomo’s office on Wednesday, he had no reason to doubt that the retail giant was still coming to New York. Mr Appelbaum, the president of the Retail, Wholesale and Department Store Union — a frequent Amazon...