Ex-TSB chief Richard Meddings frontrunner: City banker emerges as preferred candidate for NHS England chairman role December 24, 2021 In a bid to make NHS England more “accountable” for its funding, a City banker is set to become the body’s new chairman. The Department of Health and Social Care confirmed former TSB chairman Richard Meddings is the Government’s preferred candidate for the role on Thursday. The Telegraph reported that ministers wanted Mr Meddings to [...]
Standard Chartered eyes growth in private banking with hiring spree August 14, 2019 Standard Chartered is set to embark on a recruitment spree in Asia as part of a plan to grow its private banking assets to roughly $100bn (£82bn). Over the next two to three years the lender is set to hire 30-40 private bankers every year to bulk up its private bank assets by 50 per [...]
UK’s big five banks set to pay out £7bn in dividends as their earnings soar October 10, 2021 The UK’s largest banks are preparing to hand out a collective £7bn in dividends this year, on the back of earnings hitting their highest level for the sector since 2008. The £7bn payout would be more than double the £3.3bn handed out in dividends by the UK’s big five in 2020. The UK’s five largest [...]
The Great Resignation can be the catalyst for employers to embrace diversity and inclusion February 23, 2022 DiverCity® Podcast · Returners, the great resignation, recruitment and retention Some may view ‘The Great Resignation’ as a looming threat to businesses and careers, but others see it as an opportunity to improve recruitment standards and practices, leading to a more inclusive workforce that supports underrepresented individuals. In a recent episode of DiverCity podcast, I [...]
Goldman, Citi, KPMG and PwC lead office return as workers flock back into the City January 21, 2022 The City of London’s major banks, accountants, law firms, and insurers have called on staff to return offices, after the government scrapped its work-from-home guidance. Major players including PwC, KPMG, Slaughter and May, and Aviva, told City A.M that they have called on staff to come back in. Major banks and financiers including Goldman, Citi, [...]
Extinction Rebellion target the City, with Guildhall and StanChart doused in paint August 27, 2021 In the group’s fifth consecutive day of action Extinction Rebellion (XR) activists have vandalised Guildhall and the headquarteres of Standard Chartered. In a video shared on Twitter police could be seen clashing with protestors as the green rabble rousers painted red streaks and pressed handprints onto the bank’s main entrance. Activists also targeted the Guildhall. [...]
US watchdog calls for better crypto market oversight as EU votes on MiCA regulation October 10, 2022 CryptoCompare's Francisco Memoria takes a look over the last seven days of cryptocurrency markets to see what narratives are driving prices.
Which banks were the winners and losers of 2023? December 29, 2023 After a year of big headlines, which UK banks pressed ahead and which fell behind in 2023?
Bank of America commences digital asset research October 5, 2021 The Bank of America has launched digital asset research and said the potential of the crypto space was “difficult to overstate” in a new report. The new research team will be led by Alkesh Shah, head of Global Cryptocurrency and Digital Asset Strategy. It comes after the bank estimated that the sector represents a $2tn [...]
Thought Machine boss backs London listing for $2.7bn fintech September 16, 2024 The chief executive of Thought Machine, one of Britain’s most valuable fintechs, has thrown his weight behind a London IPO, but admitted he is under pressure to list in New York.