AGP Executive Report
Last update: 12 hours agoSME Finance: Funding Circle lifted its 2026 revenue outlook to at least £275m, with profit margins of about 16%, citing resilient demand from UK small businesses. Digital Banking: DE Shaw is in talks to back Monzo at a reported £7bn valuation, while the British Business Bank has committed up to £200m for Capital on Tap. Insurance Deals: Samsung Fire, KKR and South Korea’s KIC agreed to buy UK insurer Canopius for $2.2bn. Crypto Regulation: The FCA has opened a route for wholesale banks to seek crypto permissions ahead of 2027 rules and proposed allowing firms to defer some transactions. Investor Access: Robinhood has launched commission-free access to US IPOs for UK retail investors. Cyber Resilience: FCA chief Nikhil Rathi urged people to consider holding accounts with more than one bank so they can still access money if a provider is hit by a cyberattack or outage.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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