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Robinhood has been authorized by the Financial Conduct Authority, which regulates U.K. financial services, to operate as a broker in the U.K. This authorization will enable Robinhoood to bring their investing platform to customers in the U.K. Additionally, Robinhood announced that Wander Rutgers was appointed President of Robinhood International. He will lead the U.K. business…
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Neil Woodford has offloaded stakes in another two businesses – taking total share sales to £800million since his flagship fund was suspended. Woodford ditches stakes in Russian warehouse owner and venture capital. The fund manager has ditched his remaining investment in Russian warehouse owner Raven Property Group, which was a major holding in his shuttered…
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Consumer goods giant Reckitt Benckiser has launched a joint venture with start-up hub Founders Factory to invest in up-and-coming entrepreneurs. The FTSE 100 firm said it plans to build 10 new start-ups “from scratch” in the business incubator, as well as bringing in 25 existing businesses to help them grow. Reckitt signs deal with Founders…