Ranked: The UK’s fastest growing companies for brand value September 11, 2019 Deliveroo, Costa Coffee and Brewdog are growing in value faster than any other UK brands, according to a survey published today. The food delivery app topped the list, increasing its value 54 per cent to $1.4bn (£1.1bn), while coffee chain Costa jumped 48 per cent to $1.5bn, boosted by its takeover by Coca Cola. Read [...]
Ranked: Britain’s best and worst bank accounts November 30, 2019 Brits now enjoy a larger choice of bank accounts than ever before, with rival offerings from time-honoured high street stalwarts to exciting new fintech upstarts. But if the choice at times seems overwhelming, a new league table has revealed which banks score highly for customer service and communication – and which leave a lot to [...]
Crypto AM Valentine’s Keynote, Panel & Networking Soirée February 3, 2022 As our social lives begin returning to normal, Crypto A.M. invites you to our first networking event of the year on Thursday 17 February. We’ll be throwing open the doors of The Lowback at Hawksmoor Wood Wharf for the Valentine’s Keynote, Networking & Soiree at 5.30pm Joining us will be a host of excellent keynote [...]
US charges JP Morgan precious metals traders with market manipulation and ‘racketeering’ September 16, 2019 JP Morgan’s global head of precious metals trading has been charged in the US with running an eight-year “racketeering conspiracy” to manipulate markets. Michael Nowak, 45, who ran the bank’s global precious metals trading desk, faces charges of a “massive, multiyear scheme to manipulate the market for precious metals futures contracts and defraud market participants,” [...]
Markets have shown what a deal could yield October 14, 2019 This is the week in which it will become clear whether Boris Johnson’s government has secured an agreement with the European Union. If he has (and the signs are encouraging, if not yet cause for celebration) then he’s only half way out of the woods. MPs will sit on Saturday — the first weekend sitting [...]
Saudi Aramco IPO gets the green light for December float November 3, 2019 Saudi Aramco finally announced it would begin its long-awaited initial public offering (IPO) this morning after nearly four years of uncertainty and delays. The world’s most valuable company will list on Saudi Arabia’s domestic Tadawul exchange in December, with an international float planned afterwards. Read more: Saudi Aramco to start IPO process on 3 November [...]
PPI costs account for over half of all conduct and litigation charges at UK banks September 16, 2019 Costs from the mis-selling of payment protection insurance (PPI) has accounted for more than half of all litigation and conduct charges faced by Britain’s biggest banks in recent years. Moody’s Investors Service has said that PPI was the largest single source of conduct and litigation charges from 2011 to the first half of 2019, as [...]
What are the banks doing to help survivors of financial abuse? July 29, 2019 Money ultimately brings us freedom, so what if your partner were to restrict access to your income or bank account? It’s not uncommon for perpetrators of domestic abuse to manipulate their partners through money in this way – in fact, according to Women’s Aid, a third of survivors say that their access to cash during [...]
UK bank HSBC holds on to the title of Europe’s largest – but Barclays and RBS slip down the ranks May 16, 2018 HSBC has held on to the title of Europe’s largest bank once again, according to new data, as the top four remained unchanged. Ranked by total assets, HSBC tops the chart with €2.1 trillion (£1.8 trillion), research from S&P Global Market Intelligence showed. Unchanged from last year, the UK institution was followed by France’s BNP [...]
Kier Group shares plummet as broker lowers target price to £1 November 11, 2019 Kier Group shares fell nearly nine per cent this morning after a note by broker Jefferies lowered its recommended price to 100p. The construction group’s stocks have been hovering around 100p for five months, since it announced it would be making 1,200 people redundant in June, and that it would look for a buyer for [...]