Former London Stock Exchange chief Xavier Rolet close to City return with hedge fund CQS November 17, 2018 Former London Stock Exchange (LSE) chief executive Xavier Rolet is in advanced talks to become a co-chief executive at leading hedge fund manager CQS. The Frenchman left his job at the LSE Group in contentious circumstances last year, after being asked to step down by the board a year earlier than planned in a bid to end [...]
Prominent investor group the International Corporate Governance Network (ICGN) adds forceful objection to FCA’s Saudi Aramco listing plans October 12, 2017 A prominent investor group has strongly objected to controversial plans to allow sovereign companies such as Saudi Aramco lower transparency requirements to list in London, with a consultation by the City watchdog closing tomorrow. Under the plans put forward in July by the Financial Conduct Authority (FCA), state-owned companies such as Aramco will qualify for [...]
For heaven’s sake, just pay your interns January 14, 2019 It is 2019, and workplace inclusion, diversity, and equality remain key conversation topics for leading businesses. But many young people are still being put at an unfair disadvantage by the extensive number of unpaid internships that still exist. A recent survey from the Sutton Trust found that one in four graduates has completed an unpaid [...]
Addison Lee signs strategic deal with driverless startup Oxbotica for London revolution October 22, 2018 Private hire firm Addison Lee has signed a strategic partnership with UK software startup Oxbotica to bring self-driving car services to Londoners by 2021. Addison Lee said the two firms will collaborate on technological development, deployment and operation of self-driving cars to first provide affordable ride-sharing taxi services in the capital. In the long term, it [...]
City Moves for 30 August 2018 – who’s switching jobs at Atrato Capital, Investec Corporate Treasury, Amundi and Colliers International? August 30, 2018 Today's City moves cover real estate investment, money markets, property and asset management. Take a look at these movers and shakers: Atrato Capital Atrato Capital, the UK real estate investment manager, has strengthened its team with the appointment of two property specialists from Lloyds Banking Group. Lara Townsend (pictured) has been appointed as managing director, [...]
Prime Minister Theresa May pushes for access to EU market during Brexit transition period December 18, 2017 The Prime Minister has called for unchanged access to EU markets during the Brexit transition period. Speaking in parliament today, Theresa May said there was a “shared desire” between the EU and UK to make “rapid progress” on an implementation period. During the transition, May said the UK would be out of the Single Market [...]
Business as usual: Chancellor Philip Hammond to take LSE boss on China trade mission December 11, 2017 Chancellor Philip Hammond will this week lead a trade mission to China along with City representatives – including a senior executive from the London Stock Exchange (LSE) ahead of a crunch shareholder vote. Hammond will be joined by HSBC chairman Mark Tucker, City of London Corporation policy chair Catherine McGuinness, and Square Mile grandee and [...]
Berkeley Group chairman Tony Pidgley on Brexit, buildings and bonus backlashes January 16, 2019 Tony Pidgley is a staunch defender of his trade, as you would expect Britain’s best-known housebuilder to be. So it comes as something of a surprise when, asked about the huge row that hit his sector last year when fellow housing boss Jeff Fairburn took a £75m bonus, he does not come down on Fairburn’s [...]
Transition agreed: Business groups welcome “milestone” in Brexit talks March 19, 2018 Business groups have praised today’s “milestone” Brexit announcement that the UK and EU have struck a transition deal – but urged negotiators to get urgently stuck into the detail of the future trading relationship. Michel Barnier and David Davis today revealed that a deal had been struck ahead of Thursday’s European Council summit, where it [...]
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. [...]