AGP Executive Report
Last update: 6 hours agoCrypto Shake-up: Gemini has reportedly sold its UK and European operations to stablecoin payments firm KAST for under $10 million, after announcing plans to exit the markets earlier this year. Banking: Metro Bank has put itself up for sale, saying its turnaround positions it for a new phase of growth. The lender returned to profit in 2025, but says no deal is certain and it has yet to begin buyer talks. Economic Outlook: UK GDP grew 0.7% in the third quarter, its strongest rise since early 2024, with AI-related investment supporting growth. Higher energy costs and borrowing rates remain risks for households and businesses. Fintech and Regulation: Griffin raised $20 million to expand its banking platform into cards and stablecoin payments. The FCA has also published good-practice guidance for AI in financial services, while new rules for buy now, pay later products have come into force.
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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