Russian and Kazakh firms set for relegation from FTSE 100 | City A.M. June 10, 2013 ALL THE Russian and Kazakhstan-based firms listed on the London Stock Exchange are expected to leave the top FTSE 100 index in the coming months in a stunning reversal from the tide of eastern giants entering the blue chip London market in recent years. Mining firms Polymetal and Evraz are widely expected to fall out [...]
All smiles on the Teardrop isle August 4, 2013 British Airways’ new Colombo route will help open Sri Lanka up to a new generation of tourists, says Lisa Young EARLIER this year British Airways’ only Sri Lankan Boeing 777 pilot landed one of the company’s jets in his home country for the first time in 15 years. Touching down in Colombo, the capital of [...]
City beacons of charity sought by JP Morgan September 12, 2012 DO YOU know someone in the City whose charitable work deserves recognition? JP Morgan Private Bank has announced its sponsorship of the eighth biennial Beacon Awards for Philanthropy. The Capitalist’s eye was particularly caught by the category sponsored by the City of London Corporation especially to honour the City’s unsung philanthropes. Nominees for this award [...]
Thames Festival helps London to keep partying September 4, 2012 THE Paralympic Games may come to a close this weekend and end a season of sport that has gripped the nation, but for those looking to make the most of the Indian summer and carry on the party, there’s still a chance to celebrate at London’s largest free knees-up: The Mayor’s Thames Festival. In its [...]
Global reform of financial regulation must not choke off economic growth October 14, 2012 GROWTH forecasts were slashed by the IMF last week in the latest sign that severe headwinds are pushing the global economy closer to a stall. The Eurozone crisis, the so-called US “fiscal cliff” and the slowing pace of development in the Brics all pose considerable threats if mishandled by policymakers. It is positive, therefore, that [...]
Global reform of financial regulation must not choke off economic growth October 14, 2012 GROWTH forecasts were slashed by the IMF last week in the latest sign that severe headwinds are pushing the global economy closer to a stall. The Eurozone crisis, the so-called US “fiscal cliff” and the slowing pace of development in the Brics all pose considerable threats if mishandled by policymakers. It is positive, therefore, that [...]
More diverse financial services are critical to restoring trust in UK banking September 30, 2012 THE business of politics and the politics of business are rarely more intertwined than during the party conference season. Last week, the City of London was in the crosshairs of the Liberal Democrats, and it is likely to remain in sharp focus as Labour takes the stage in Manchester today. We all know that the [...]
The City is poised to take advantage of Chinese currency liberalisation September 9, 2012 OFFSHORE renminbi (RMB) – or dim sum bonds, as they have affectionately come to be known in the West – have more in common with their culinary counterparts than meets the eye. Traditionally enjoyed at yum cha – the Chinese equivalent of afternoon tea – by farmers after a hard day’s work, dim sum have [...]
West Ham want Olympic Moore statue February 25, 2013 WEST Ham are exploring the possibility of erecting a statue of World Cup-winning former captain Bobby Moore at the Olympic Stadium. The Hammers are currently in final negotiations with the London Legacy Development Corporation over leasing the Stratford stadium, with a view to moving in 2016. Club chiefs are engaged with supporters over ways to [...]
EU banking union: Less may be more when devising financial regulation September 16, 2012 THE Eurozone crisis and domestic banking issues have been enjoying a summer holiday, no doubt helped by the Olympics. But they will now move back to centre stage. The European Commission’s proposals for an EU banking union are ambitious and, if accepted, would entail the biggest transfer of national powers since the start of the [...]