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UK fintech losses exceed £50 million amid regulatory scrutiny and leadership changes.
The Bank of London reported nearly £24 million in losses, doubling prior deficits and pushing UK fintech losses past £50 million, amid regulatory investigations and auditor concerns over its financial viability following its CEO’s departure.
Meanwhile, Goldman Sachs CEO David Solomon received a record $47 million pay package for 2025, driven by strong performance and stock gains, while UK banks project higher profits and financial firms narrow their gender pay gap, though equity remains below global standards.
In other news, The Banker celebrates its 100th anniversary, reflecting on a century of covering major financial crises and industry transformations.
Las pérdidas de Fintech en el Reino Unido superan los 50 millones de libras en medio del escrutinio regulatorio y los cambios de liderazgo.