January 27: The City View with Baton Systems’ Jerome Kemp January 27, 2022 Today Andy talks to Jerome Kemp, President of Baton Systems, for a chat about distributed ledger systems and how his company is bringing ledgers into the 21st century. They discuss hashing, how this brings transparency to post-trade processing, why Baton Systems is at an advantage compared to the slow machinations of bureaucratic and established players [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 27, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Brewin Dolphin Brewin Dolphin has promoted its current investment director to lead the wealth manager’s market analysis. Janet Mui will play a crucial role in the investment solutions team and will be responsible for the delivery of external macro views [...]
Live to fight another day: Amigo Loans’ stock makes much-needed 22 per cent comeback after two days from hell January 26, 2022 Amigo Loans share price is climbing this morning, recording a 22 per cent increase after two dramatic days. Yesterday, the lender’s stock dropped nearly a third after the company said late on Monday night that its chief financial officer, Mike Corcoran, will step down immediate effect. “The Company anticipates it will be able to announce the [...]
CMA launches probe into £1.9bn merger between National Express and Stagecoach January 26, 2022 The UK competition watchdog said this morning it has launched an investigation into the £1.9bn merger between National Express and Stagecoach due to concerns over the tie-up. The Competition and Markets Authority (CMA) said it had served a so-called initial enforcement order, which stops the companies from fully combining while it considers the deal. Stagecoach [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 26, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. TheCityUK TheCityUK has appointed the founder and CEO of Aquis Exchange as the inaugural chair of the industry body’s new business council. Alasdair Haynes joins the council as one of many chief executives and chairs from around 35 [...]
Market sentiment driven by events on Russia vs NATO over Ukraine and today’s Fed meeting January 26, 2022 European markets had a slightly more resilient tone yesterday, reversing some of their early week losses, however we still remain below the closing levels of last week, so it might be a little early to sound the all clear so to speak. US markets also saw another rollercoaster session, opening sharply lower, as they looked [...]
Nvidia prepares to abandon Arm takeover January 25, 2022 Nvidia is preparing to walk away from its $40bn bid for British chip manufacturer Arm from Japanese investment giant Softbank, according to news reports.
City Moves: Who’s switching jobs in the Square Mile today? January 25, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Baton Systems Fintech firmBaton Systems has hired a Barclays Investment Bank veteran as its first-ever chief operating officer (COO), who will help scale the business. David Ornstein, who departed the London-based bank after 13 years, has also held roles [...]
Moulding is no villain but he’s better off not trying to play the hero January 24, 2022 Matthew Moulding has, by just about anybody’s standards, been an extraordinary business success story. His origin story as an entrepreneur is a very British, self-made one; inspired by buying a CD online, he has built and floated his THG business which as a rule does the thing it was meant to do (flog stuff online [...]
Aviation chiefs call for ‘new normal’ now with testing ditched for fully-jabbed fliers January 24, 2022 AIRLINE bosses have called on the government to rule out the introduction of border closures even if a new Covid-19 variant emerges. The government last week brought an end to so-called Plan B restrictions, which saw self-isolation rules and work from home guidance scrapped. With the UK believed to be past the peak of the [...]