London’s many strengths can be bound together and renewed by public transport June 1, 2022 The opening last week of the Elizabeth Line, Britain’s latest engineering marvel, prompted reflections on how much there is to gain from better physical connections into and between London’s two biggest financial hubs – Canary Wharf and the Square Mile. The Square Mile is home to London’s insurance market, preeminent in the world and writing [...]
12 incredible things to do in London this February February 7, 2024 Things to do in London this February, from the Six Nations to Chinese New Year and Pancake Day
Exclusive: Zooming in on the billions of pounds in criminal cash flowing through the City December 3, 2022 Going back more than a decade, in the summer of 2012, HSBC was fined $1.9bn for inadequate compliance and anti-money laundering control processes. The banking giant was found guilty of providing money laundering services to drug cartels as well as terrorist groups in the Middle East. Ten years on, money laundering is still a serious problem. Less [...]
Exclusive: The billions of dirty money in the City despite FCA scandals that rocked HSBC and NatWest November 29, 2022 Going back more than a decade, in the summer of 2012, HSBC was fined $1.9bn for inadequate compliance and anti-money laundering control processes. The banking giant was found guilty of providing money laundering services to drug cartels as well as terrorist groups in the Middle East. Ten years on, money laundering is still a serious problem. Less [...]
Natwest: Why there may be a problem with Telling Sid November 30, 2023 The Chancellor called for a revival of 'Tell Sid' investment culture in his autumn statement last week. But there may be a problem...
TfL and Crossrail to pay £15m to Canary Wharf Group if Elizabeth Line station is not complete by 2021 December 6, 2018 Transport for London (TfL) and Crossrail could have to fork out £15m to the Canary Wharf Group if its new Elizabeth Line station is not complete by 2021, City A.M. can reveal. An email from outgoing Crossrail chief executive Simon Wright, seen by City A.M., reveals that TfL and Crossrail will have to pay the sum each year if the station [...]
London calling: Why it’s time to bring life back to our city’s streets August 10, 2020 Despite a tentative easing of the national lockdown, the lingering economic and social consequences of this policy are frighteningly obvious to anyone venturing into central London. While social life and economic activity has, to a large extent, returned to the outer zones and suburbs, the offices and shops of London’s professional districts remain eerily and [...]
City Moves: Who’s switching jobs in the Square Mile? August 4, 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. Knight Frank Knight Frank has poached its latest partner from CBRE, as the property consultancy looks to grow its landlord project management offering. James Orchard joins the project and building consultancy team and will advise clients on [...]
Star studded: Leonardo DiCaprio invests in vegan burger chain Neat April 28, 2022 Plant-based burger chain Neat has launched a Series B fundraise with US investors including Hollywood actor Leonardo DiCaprio. The cash injection will be used to accelerate the company’s workforce and new product development, as it looks to expand both its restaurant and consumer goods arms. Neat, which already counts racing driver Lewis Hamilton as an [...]
British No1 Makin targeting triumph in his 100th senior squash tournament November 16, 2021 British No1 squash player Joel Makin is hoping to go all the way at this year’s Canary Wharf Classic when he plays his opening match against Saurav Ghosal tonight. The 27-year-old Welshman will be playing his 100th senior tournament after a solid series of results in recent months that has seen him reach the final [...]