Deliveroo and Just Eat break into WPP most valuable brands league table September 20, 2018 Takeaway firms Deliveroo and Just Eat have broken into the ranks of the UK's most valuable brands, according to new analysis published today. The companies have broken into the top 75 list for the first time, as Deliveroo came 64th with a value of $888m while Just Eat nabbed 30th place with a brand value of $2.5bn. [...]
Deliveroo and Just Eat break into WPP most valuable brands league table September 20, 2018 Takeaway firms Deliveroo and Just Eat have broken into the ranks of the UK's most valuable brands, according to new analysis published today. The companies have broken into the top 75 list for the first time, as Deliveroo came 64th with a value of $888m while Just Eat nabbed 30th place with a brand value of $2.5bn. [...]
Royal Mail downgrade forces shares below the government’s 2013 IPO price October 9, 2018 Shares in Royal Mail have dropped below their controversial IPO valuation for the first time after the company was downgraded by two banks this morning. The FTSE 100 company, which floated at 330p a share in 2013, briefly dropped as low as 322p in morning trading. A profit warning issued last Monday sent the company’s [...]
EU bank watchdog launches inquiry into Denmark’s handling of Danske Bank amid DOJ probe October 8, 2018 The European Union's banking supervisor has launched preliminary inquiries into Denmark's financial watchdog in relation to allegations of money laundering at Danske Bank through its Estonia branch. European Banking Authority chair Andrea Enria today informed the European parliament that it had launched a "preliminary breach of union law inquiries on … the Danske bank case in [...]
HSBC, ING, BNY Mellon among seven banks working on blockchain syndicated loans with R3 and Finastra October 5, 2017 HSBC, ING, and BNY Mellon are among seven top banks that are working together to create a platform for syndicated loans using blockchain technology. BNP Paribas and State Street are also among the financial institutions who have been named as involved in the project. Well-known blockchain consortium R3 and Finastra – the UK financial software [...]
You can live opposite Queen Elizabeth II for £47,000 per week November 5, 2018 A palatial mansion opposite Buckingham Palace is available to rent for £2.4m for a year, provided the resident purchases the property if they like it. The "try before you buy" £47,000 per week rental arrangement gives potential buyers a test run before committing to the £76.5m price tag. In addition to the Grade II-listed mansion, residents [...]
Out of the frying pan, Inter-the fire: Will Interserve’s rescue deal go up in flames? February 10, 2019 Despite taking two months to thrash out a rescue deal, debt-stricken outsourcer Interserve’s future remains precarious. Where does it go from here? For the last eight weeks, suppliers and investors alike have held their breath, as chiefs at troubled outsourcer Interserve thrashed out a rescue deal with the firm’s lenders. The negotiations were a last-ditch [...]
London developer Galliard invests £500m in new Birmingham homes October 15, 2018 London property developer Galliard has embarked on a £500m joint venture project in Birmingham amid efforts to expand beyond the capital’s subdued housing market. In its first Midlands project, Galliard has purchased a portfolio of new developments in partnership with regional developer Apsley House Capital, in a bid to tap into Birmingham’s growing popularity among young couples and first-time buyers. [...]
ING Ventures invests £6.7m in open banking platform Cobase September 19, 2018 ING Ventures has invested €7.5m (£6.7m) in open banking platform Cobase, which allows customers to manage several bank accounts through one portal. Cobase, which is an arms-length venture of ING Bank, allows users with multiple bank accounts to view balances and transactions in one place, make payments and use cash management services. Read more: Royal Bank of Scotland testing new [...]
ING Ventures invests £6.7m in open banking platform Cobase September 19, 2018 ING Ventures has invested €7.5m (£6.7m) in open banking platform Cobase, which allows customers to manage several bank accounts through one portal. Cobase, which is an arms-length venture of ING Bank, allows users with multiple bank accounts to view balances and transactions in one place, make payments and use cash management services. Read more: Royal Bank of Scotland testing new [...]