Former trade minister Lord Green appointed President of the Institute of Export & International Trade February 7, 2017 Former trade minister Lord Green of Hurstpierpoint has been appointed President of the Institute of Export & International Trade (IOE&IT). Lord Green will be tasked with driving the strategy and vision of the Institute and boosting the UK's exporting scene, as Britain soon begins the process of leaving the European Union – with Theresa May [...]
UBS has slashed its bonus pool by almost a fifth March 10, 2017 UBS has become the latest investment banking giant to slash its bonus pool as uncertain conditions continued to bite for the world's largest lenders. In the annual report it published today, UBS revealed its bonus pool has fallen 17 per cent, from SFr 3.5bn (£2.84bn) in 2015 to SFr 2.9bn in 2016. Meanwhile, chief executive Sergio Ermotti kept [...]
The 10 best places in the world to move for career satisfaction January 2, 2017 If you're planning on a drastic shake up of your life in 2017 by moving abroad, it might be time to consider Switzerland – and not just for the choice of cheese and chocolates. The country has been named the best location to be an expat according to research by HSBC which draws on a survey [...]
Singapore Exchange in talks with Saudi Aramco to beat London and others to secondary listing spot February 6, 2017 The Singapore Exchange is said to be in talks with Saudi Aramco as it bids to co-host what is expected to be the world’s largest ever stock market listing. London, New York, Hong Kong and Japan are also thought to be in the running for the secondary listing spot of the oil and gas giant. Read [...]
We’ve reached peak hipster: Pop-up firm Urban Food Fest is catering for HSBC’s Rugby World Sevens Series at Twickenham March 15, 2016 NULL
HSBC’s decision to stay in London is great for the UK, the capital and the kick-start London’s financial services needs February 15, 2016 It comes as a welcome relief that HSBC has taken the decision to maintain its headquarter status in London. Its towering Canada Square, Canary Wharf presence allows the famous HSBC sign to be seen from some distance away. It is therefore, great news that this will remain intact. There are a number of reasons why [...]
Brexit vacuum must be avoided, as new report warns of a second cliff edge scenario February 22, 2017 Businesses could find themselves launched off of a cliff edge and into a Brexit vacuum if the government does not line up its transition period with care. The Institute of Directors (IoD) is warning the UK will likely need longer than the two-year Article 50 process to negotiate both an EU exit agreement and a [...]
All Star Lanes scores £3.5m strike after successful turnaround February 12, 2017 All Star Lanes has secured a £3.5m refinancing after a successful 2016 saw its underlying profits jump 39.5 per cent to £1.4m. The American-inspired ten-pin bowling chain has one branch in Manchester and four in London, including its recently reopened Brick Lane flagship location. Although the company was founded in 2006, it was only after [...]
HSBC’s Saudi Arabia subsidiary hired senior compliance staff with bogus business degrees February 2, 2016 HSBC Saudia Arabia, a subsidiary of the British bank, hired two senior compliance staff with unaccredited business degrees – meaning they are unqualified to apply for even an entry-level position at the firm. And an investigation by Channel 4 News has revealed that these are just two among dozens of Saudi staff working at international finance [...]
Former Standard Life boss David Nish to join HSBC board March 23, 2016 Former Standard Life chief executive David Nish is to join the board of HSBC. Nish will join from 1 May, initially for a three-year term which, subject to re-election by shareholders in 2017, will expire at the conclusion of the 2020 AGM. He joins as an independent non-executive director, and will sit on the group audit committee. [...]