• Employees at Shawbrook Bank select PAPYRUS as their chosen charity for 2021/22
• Shawbrook partners with PAPYRUS at a time when the charity’s lifesaving support is needed more than ever due to Covid-19
• The bank’s initial £10k donation will be boosted by colleague-inspired fundraising and volunteering events throughout the year

Shawbrook Bank has announced its employee chosen charity partner for 2021/22 as PAPYRUS, a charity dedicated to the prevention of young suicide. 

The third annual Russian Islamic Economic Forum “Russia – Guarantor of Partnership” is being held in the city of Grozny (Chechen Republic) on 14-15 October. The event has been organized with support from Sberbank and is aimed at promoting business cooperation between Russia and the countries of the Islamic world. The International Association of Islamic Business and KPMG are also co-organizers of the forum.

21Shares AG (“21Shares”), the Swiss pioneering issuer of cryptocurrency ETPs, today announced that its Polkadot ETP (ASOL) has reached the key milestone of $100M in assets under management (AUM), which makes it the 5^th 21Shares ETP reaching more than $100M in AuM.

"The decision to increase contactless payments to £100 from today is another clear landmark in the journey to the land of ubiquitous, seamless, frictionless digital payments. While card payments continue to lead, we are also observing a definite trend to direct account payments, which are gaining momentum through the accelerated use of tokenization, open banking, and instant payment schemes.

After a successful launch in April 2021 and several projects already on track, the AURA Blockchain Consortium, is delighted to welcome the OTB Group as a new and fourth founding member. Since April, each brand has developed its own experience according to its specificities and customer expectations. Brands such as Bulgari, Cartier, Hublot, Louis Vuitton, Hennessy and Prada are already active on the platform.

Summary: The Dollar Index (USD/DXY) which measures the value of the Greenback against a basket of 6 major currencies eased 0.51% from a 13-month high to 94.04 (94.53). A pullback in the benchmark US 10-year treasury bond yield by 4 basis points to 1.54% dragged the US currency lower. While the September US Headline CPI climbed to 5.4% from 5.3% on an annual basis, the Core inflation number was unchanged at 4.0%. The FOMC minutes from the Fed’s September monetary policy meeting signalled that US policymakers could begin a gradual tapering process by mid-November.

Inflation is getting away.

IMF voices concerns.

Fed President says it is not transitory after all.

Good morning,

We really have only to pin the latest US inflation chart to the top of our report from yesterday, to fully understand and confirm what is going on in the world.

The World Federation of Exchanges Publishes the Call for Papers for the WFE’s Clearing and Derivatives Conference 2022

The World Federation of Exchanges (“WFE”), the global industry group for CCPs and exchanges has published a Call for Papers for the WFE’s Clearing and Derivatives Conference 2022.