Financial Asset Tokenization: The UK’s Opportunity to Lead
As the United States, under former President Donald Trump, places a strong emphasis on leading in the cryptocurrency space, the United Kingdom has a unique opportunity to establish itself as a global leader in financial asset tokenization. This emerging trend has the potential to revolutionize financial markets, making them more efficient, transparent, and accessible. By embracing tokenization, th
Meiji Yasuda: Legal & General’s Strategic Alliance
Legal & General (L&G) has announced a strategic partnership with Japanese insurance giant Meiji Yasuda, marking a significant milestone in the company’s international expansion strategy. The deal involves the sale of L&G’s US insurance operations for approximately £1.8 billion, with the transaction expected to generate an estimated £1 billion in surplus capital for the company.
Decline in US Mergers and Acquisitions
The US mergers and acquisitions (M&A) market has started the year on a sluggish note, witnessing a significant 30% drop in deal activity compared to the previous year. This downturn marks the weakest beginning for M&A activity in over a decade, with dealmakers citing several contributing factors, including economic uncertainty, rising interest rates, and increased regulatory scrutiny.
UK Steel Industry Concerns Over US Tariffs
The UK steel industry is facing mounting uncertainty following the United States' decision to impose a 25% tariff on steel and aluminum imports. The Biden administration has justified the move as a means to protect American manufacturing jobs and national security interests, but the decision has been met with widespread criticism from international trade partners, including the United Kingdom.
