One Dalton Street, a new tower of Four Seasons residences and a hotel, is spearheading a revival in Boston real estate June 27, 2017 Boston’s strong and it’s never been stronger. The historical, academic heart of the USA’s east coast is seeing its biggest boom in residential property since the 1920s. So far, 83 new housing projects are under construction in 19 out of its 23 neighbourhoods. But why now? For years, Boston has been an academic hub, with [...]
UBS chair Axel Weber: We’re eyeing the exit ahead of Brexit because we need a new EU base once the UK leaves March 15, 2017 The chairman of UBS hinted today the Swiss bank may not wait until the end of Brexit negotiations to move jobs out of London. Back in January, Axel Weber said about 1,000 of the bank's jobs in London were directly linked to passporting, the complex set of rights which UK financial firms currently use to do business [...]
City Moves for 10 March 2017 – who’s switching jobs at Instavolt, the PRCA, Bovill and Travel Counsellors March 10, 2017 Today's City Moves cover electric vehicles, public relations, financial services and the travel sector. Take a look at these movers and shakers: Instavolt Electric vehicle charging specialist Instavolt has strengthened its senior team by appointing Adrian Keen as chief financial officer (CFO). A qualified chartered accountant, Adrian joins Instavolt with a wealth of experience in [...]
Davos 2017: This is what’s happening at the World Economic Forum today January 17, 2017 The 2017 World Economic Forum kicked off at Davos today, with a star line up of speakers ready to air their views on subjects ranging from the future of the digital economy to safe water. The first panel discussion on today's agenda, which began at 7.15am, was the Size Matters talk on the future of [...]
Banker burnout: Boardrooms at banks warned they must do more to address well-being, as over a quarter of staff reveal they think their job is harming their health March 14, 2017 Banking top dogs have been urged to address workers' well-being, after a new report revealed more than a quarter of bank staff believed their job was dragging down their health. The first-of-its-kind survey of over 28,000 banking staff carried out by the Banking Standards Board revealed 26 per cent of workers either agreed or strongly [...]
Bank of America has its eye on Ireland for a post-Brexit base, as the country urges others not to engage in a red tape race to the bottom March 14, 2017 A senior executive from Bank of America has revealed today it is considering making Dublin its main EU base if the UK cannot hold onto certain rights, such as passporting, post-Brexit. The announcement came the same day the country's officials pleaded with other nations not to take part in a red tape bonfire following the UK's departure [...]
Cyber Security in a Transport Revolution March 9, 2017 The transport industry is undergoing a technological revolution driven by connectivity, Big Data, autonomy and Artificial Intelligence (AI). Driverless cars are on the horizon and the Internet of Things is being developed throughout our current transport infrastructure. However, these technologies pose some significant issues, particularly in the area of cyber security. To address some of [...]
Co-op Bank’s message to customers: It’s business as usual February 13, 2017 The Co-operative Bank has moved to reassure customers after announcing it's putting itself up for sale. The bank said this morning it is seeking a buyer "alongside other options", three years into a turnaround plan put in place after the lender revealed a £1.5bn black hole in its finances. In a message to customers of the [...]
Blame game over cyber crime leaves listed companies wide open to attacks February 9, 2017 A shocking disconnect between IT heads and their C-suite bosses means both expect each other to take responsibility for information security breaches, aerospace giant BAE Systems has revealed. While 50 per cent of IT decision makers would blame senior executives in the event of a breach, the most popular response amongst business leaders asked the [...]
The majority of banks plan to use blockchain in the next three years September 28, 2016 The majority of banks plan on using blockchain technology in the next three years, adopting it "dramatically faster than expected", but regulation was named as the biggest barrier by global institutions. Nearly two thirds expect to have blockchain solutions by 2019, while 15 per cent of the 200 banks surveyed by IBM and the Economist Intelligence Unit expect to have something up [...]