U.S. dismissed evidence key U.K. financial institution was assisting fund sanctioned Iranian teams, whistleblower suggests

Key Points

London-based mostly Regular Chartered, which primarily serves clientele in rising marketplaces, was previously punished with extra than $1.7 billion in fines right after admitting in 2012 and 2019 to violating sanctions on Iran and other blacklisted nations around the world.
The lender denies that it ran transactions for any companies specified as terrorists.
Court docket filings delivered by former Typical Chartered Financial institution (SCB) staff turned whistleblower Julian Knight assert that U.S. officials lied by denying that Knight delivered them with evidence of far bigger wrongdoing by the lender.

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Finance

‘Bitcoin is not an asset class’: UK’s biggest investment platform has a stark warning for investors

October 10, 2025

Key Points The U.K.’s biggest retail investment platform, Hargreaves Lansdowne, has urged traders to exercise caution on cryptocurrencies. “The HL Investment view is that bitcoin is not an asset class, and we do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income,” the firm said. A longstanding […]

Finance

Former Fed Governor Larry Lindsey withdraws name for Fed chair

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Key Points Former U.S. Federal Reserve Governor Larry Lindsey has withdrawn his name from consideration for the position of Fed chair, CNBC’s Eamon Javers reported on Thursday. President Trump is considering a list of candidates to replace Federal Reserve Chairman Jerome Powell for when his term expires in May. Source

Finance

Stocks making the biggest moves midday: Oracle, Ferrari, Delta, Albemarle and more

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