RBS among worst performing European banks as stress test results are published July 30, 2016 Royal Bank of Scotland was the stand-out British performer in the European Banking Authority’s (EBA) stress test results. But not in a good way. The assessment of how European banks might perform in adverse conditions found RBS’s capital levels down 7.5 per cent, making it the third biggest faller of 51 lenders tested. Under the [...]
Wolfpack Lager owners and rugby union players Alistair Hargreaves and Chris Wyles talk about the transition from pitch to entrepreneurship October 3, 2016 "You can feel yourself getting older, tireder and sorer. The question inevitably becomes, ‘what next?’, says Saracens player Alistair Hargreaves. “It’s a position most sportspeople find themselves in: you’ve been doing something you love your whole life, then you’re faced with the prospect of not doing it. Playing engulfs your life, so it’s actually pretty [...]
UK’s finance chiefs rally behind the vote to keep Britain in the EU, as uncertainty curbs appetite for risk April 4, 2016 The majority of the UK's finance chiefs are so nervous of a vote for a Brexit this summer that it's stopping them from taking on other risks, a report out today has found. According to the survey by Deloitte of over 100 finance chiefs, three out of four (75 per cent) are now in favour of [...]
Architect Daniel Libeskind on returning to Poland to reshape its skyline, NYC’s World Trade Center masterplan, and President-elect Trump November 23, 2016 To Daniel Libeskind, architecture is a political act. Every building he creates is intertwined with a sense of place, culture and national identity. “Every project deserves a sensitivity to history, tradition, to something that isn’t completely visible to the naked eye, in terms of the spirit of the place,” he tells me. “There is no [...]
Not just a UK problem: European banking sector rocked by Brexit vote June 27, 2016 London is not the only city feeling the burn in the banking industry, as many other European cities are experiencing some fallout from the referendum result. Shares in Deutsche Bank and Credit Suisse slid to their lowest level ever earlier today, before closing down 6.2 per cent and 9.2 per cent respectively. Societe Generale closed down 8.4 per [...]
Real Madrid and Barcelona ordered to repay millions in state aid July 4, 2016 Real Madrid and Barcelona, the world’s two richest clubs, have been ordered to pay back millions of euros after a European Commission investigation found them guilty of receiving illegal state aid. Real must pay back €18.4m (£15.4m) relating to a land deal with local authorities, who were found to have overpaid, as well up to €5m [...]
Brands and ad agencies need to pay more attention to the way their talent perceives them July 4, 2016 Between the glasses of rose and glimpses of Will Smith, advertising agencies and brands at Cannes this year were discussing the benefits of building meaningful, purposeful brands to engage with their customers. In one of our sessions during the International Festival of Creativity, marketers were discussing how brands and media agencies are coming up short [...]
Ch-ch-changes… Bizarre photo of former Powa Technologies boss Dan Wagner dressed up as David Bowie causes a stir March 8, 2016 There have been a lot of ch-ch-changes at Powa Technologies recently (sorry…) – the one-time tech darling, which had a valuation of more than $2.5bn, has fallen into administration and is now in the capable hands of Deloitte. Did its former boss Dan Wagner see the collapse coming, just weeks before it emerged? If so, he [...]
How to nail team bonding when you work in a virtual office May 5, 2016 Businesses no longer live in one space. Even small firms regularly have employees in offices (or home offices) spread around the world. From startups to large corporations, the growing levels of work flexibility, improving technology and new concepts such as the talent cloud mean that people management is no longer confined to the office space. [...]
More national newspaper job losses (and a canteen closure) as Telegraph seeks savings May 24, 2016 More national newspaper jobs are being lost this week as part of a cost-cutting push by the publisher of the Daily Telegraph. Telegraph Media Group (TMG) chief executive Murdoch MacLennan set out several money-saving measures on Monday, including the closure of the staff canteen. And the company, which is owned by the Barclay brothers, Sir David [...]