Lloyds Bank stars as FTSE 100 rockets in Q1 April 9, 2019 By Graeme Evans from interactive investor. After a great first quarter for stock markets, we assess the best and worst blue-chips of 2019 so far. It’s been a storming start to 2019 for the FTSE 100 index, with popular interactive investor stocks including Lloyds Banking Group (LSE:LLOY), Next (LSE:NXT) and Tesco (LSE:TSCO) among those on [...]
Editor’s Notes: Brexit: An Uncivil War was a five-star blockbuster for Channel 4 January 11, 2019 Brexit drama may be playing out all around us but it had its own silver screen moment earlier this week when Channel 4 aired its much-hyped drama, Brexit – The Uncivil War, by acclaimed writer James Graham. The drama drew heavily on the masterful account of the referendum campaign, All Out War, by Tim Shipman. [...]
Editor’s Notes: It’s easy to see why Gillette’s latest ad was not the Best A Man Can Get January 18, 2019 The "father of advertising” David Ogilvy once said “I do not regard advertising as entertainment or an art form, but as a medium of information”. Were he around today he would have to concede that the current industry takes a different view. Today’s advertising campaigns are meant to be shared, reviewed and discussed whether they [...]
Ranked: The banks that have closed the most branches since 2015 – and which regions have been hardest hit June 15, 2018 New analysis has revealed which of banks have shut the most branches since 2015, with NatWest, HSBC and Lloyds Bank reporting the highest number of closures. Some 2,868 UK retail branches will have shut up shop by the end of this year, with 879 bank closures during last year, according to Which? Money research. That [...]
Danske Bank faces US probe over €200bn money laundering scandal October 4, 2018 The crisis at Danske Bank deepened today as it confirmed that US authorities are investigating a €200bn money laundering scandal involving suspicious Russian money. Danske Bank has received "requests for information" from the US Department of Justice (DoJ) about the suspected money laundering which took place in its Estonian branch between 2007 and 2015. The [...]
Debate: Are British high street banks a good opportunity for investors at the moment? September 26, 2018 Debate: Are British high street banks a good opportunity for investors at the moment? Yes – Richard Buxton is chief executive and a fund manager at Old Mutual Global Investors. As a long-term investor in UK banks, the most recent reporting season came as a welcome relief. The litany of conduct charges and regulatory [...]
Barclays, HSBC, Credit Suisse and more banks join UBS’s digital currency project Utility Settlement Coin (USC) August 31, 2017 Barclays, HSBC and Credit Suisse are among six major banks joining an ambitious project led by UBS to create a digital currency for financial services. Canadian Imperial Bank of Commerce, MUFG and State Street will also join in with efforts to launch the Utility Settlement Coin (USC), alongside Santander, Deutsche Bank, BNY Mellon and Icap. [...]
Glencore chairman withdraws from dwindling Saudi investor conference October 17, 2018 Glencore chairman Tony Hayward has become the latest business leader to pull out of next week's Saudi investor conference as the backlash over the alleged murder of journalist Jamal Khashoggi intensifies. The mining and trading giant's chairman joins International Monetary Fund managing director Christine Lagarde and Societe Generale chief executive Frederic Oudea in withdrawing from [...]
Data scientists top the hiring wishlists of the UK’s CEOs | City A.M. August 7, 2018 Chief executives of the UK’s biggest businesses have identified data scientists as the most important workforce capability for supporting their plans for future growth. The skill scored the top spot in 69 per cent of answers by UK bosses, followed by experts in emerging markets and emerging technology. Data compiled by KPMG revealed that the [...]
WPP boss Mark Read: We’ve had a tough time for two years October 25, 2018 WPP chief executive Mark Read has said he is determined to improve the company’s performance to compete with its peers, as shares plunged on this morning’s quarterly results. The advertising business dropped as much as 22.5 per cent to 818 pence per share earlier today. Sales fell 1.5 per cent in the third quarter, following [...]