Linklaters encourages City businesses to join We Can Be 2025 July 18, 2024 Every year The Lord Mayor’s Appeal invites young people to gain an exclusive glimpse into some of its most prominent businesses. Part of its aim to create A Better City For All, We Can Be is an annual initiative that matches corporates and schools for a day. For the young women, it’s a chance to [...]
Deeply talented Cruz runner fast Out of the Gate June 11, 2024 RACING in Hong Kong is back at Happy Valley today, with the city track hosting a nine-race programme, featuring The Ewo Challenge Trophy (1.40pm), a handicap over the extended mile. This intriguing Class Two contest sees the return of progressive Danny Shum-trained galloper Moments In Time, last seen at the track when winning over the [...]
FTSE close: Index closes the week on a muted note, as traders eye 8,000 barrier February 10, 2023 London’s blue chip index closed at 7,882.45, down 28.70 points, or 0.36 per cent as investors paused for breath at the end of a trading week which saw the FTSE 100 hit an all-time high. Optimism over the British economy, which narrowly avoided recession, appeared to be tempered with a warning from Jeremy Hunt, Chancellor [...]
FTSE 100 live: London index under pressure despite easing of UK recession woes February 10, 2023 The FTSE100 index was trading slightly lower, down 0.24 per cent, this morning despite the UK narrowingly avoiding recession. London’s premier index had fallen to 7,892.06 points – down from yesterday’s close – while the domestically-focused mid-cap FTSE 250 index was off 0.55 per cent. Standard Chartered’s shares fell nearly five per cent in early [...]
Inside Barclays chaotic shareholder meeting: AGM halted as security chase and drag out dozens of climate activists May 4, 2022 Barclays’ annual shareholder meeting was disrupted by a small army of climate change protesters who had to be forcibly removed by security. The banking giant’s AGM in Manchester got off to a chaotic start after a series of disruptions from green activists in the audience. Chairman Nigel Higgins was forced to pause the meeting while [...]
Headcount at six largest UK banks ticks up for first time since pandemic July 5, 2023 The number of employees at the six largest UK banks increased slightly last year, the first increase since the pandemic. According to statistics in the Banker’s Top 1,000 World Banks report, the six largest UK lenders – HSBC, Barclays, Lloyds, Standard Chartered, Natwest and Nationwide – increased their headcount by 0.6 per cent last year. [...]
Young set to broaden his winning Horizons May 26, 2023 ENTHUSIASTIC Hong Kong racing fans will be out in force at Sha Tin on Sunday, expecting to cheer on their hero Romantic Warrior to another victory in the Group One Standard Chartered Champions & Chater Cup (9.05am) over a mile and a half. The Danny Shum-trained five-year-old, presently rated the fifth best racehorse in the [...]
Standard Chartered to freeze staff and cut bonuses to weather crisis March 30, 2020 Ftse 100 bank Standard Chartered has told staff it is freezing hiring for two months and said it is likely to cut bonuses, as it grapples with the fallout from the coronavirus pandemic. The Asia and Africa-focused bank said it would also re-prioritise discretionary investment for the time being, the company said in a memo [...]
5 Reasons Why This Year’s City Giving Day was the Best One Yet September 29, 2023 On Tuesday 26 September, The Lord Mayor and Lady Mayoress of the City of London, Alderman, Sheriffs and 570 City businesses came together for City Giving Day. Hosted by The Lord Mayor’s Appeal, the annual event unites the City to celebrate and promote the positive impact of philanthropy. Here’s 5 reasons this year’s City Giving [...]
Standard Chartered bans staff from using Zoom and Google Hangouts April 15, 2020 Standard Chartered has become the first major bank to ban staff from using Zoom during the coronavirus crisis due to cybersecurity concerns. In a note to managers, seen by Reuters, chief executive Bill Winters last week also warned against holding virtual meetings on Google Hangouts. It comes amid growing scrutiny of Zoom’s security standards as [...]