Analysis: Silicon Valley Bank’s fall isn’t systemic – but there are lessons to learn March 14, 2023 The collapse of Silicon Valley Bank (SVB) should not pose a threat to wider financial stability in Europe, analysts argue, although it has thrown light on a series of issues that stakeholders will need to address. Amidst a slump in bank’s share prices following SVB’s collapse, regulators have been rushing to restore confidence to a [...]
City Moves: Who’s switching jobs in the Square Mile? April 8, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Europa Capital Real estate investment manager Europa Capital has bolstered its asset management team with a new managing director, the firm’s 20th appointment in the past year. Rachel Hanke help over portfolio management, bringing nearly 20 years [...]
FTSE 100 today: London markets set to open higher on strong GDP growth data July 11, 2024 Asian markets followed US's rally, with Chinese stocks rising due to new short-selling restrictions. UK GDP, US CPI and Jet2's results eyed.
Bank of England to launch 1980s style rate hike cycle as it scrambles to douse down rampant inflation April 6, 2022 The Bank of England will hike interest rates at the quickest pace since 1988 this year as it scrambles to douse down rampant inflation. 0Threadneedle Street will lift borrowing costs four more times this year, taking the calendar year total number of hikes to six, according to forecasts by investment banking giant JP Morgan. The [...]
London Stock Exchange boss Julia Hoggett: We’ll fight for everything September 4, 2023 The London Stock Exchange has had a tough couple of years. The bourse's boss Julia Hoggett reckons she can turn it around.
How this British luxury brand is designing its future — with family values at its core May 21, 2024 Have you ever thought about how much work goes into those salt and pepper grinders sitting on your kitchen table?
The Square Mile and Me: Dan Howe on the Jugged Hare and his first IPO celebration April 13, 2023 Where we ask the big questions of the City’s big names. This week, Janus Henderson’s head of investment trusts Dan Howe tells us about the Jugged Hare and his first IPO celebration What was your first job?I had the dream first job – as a lifelong watersports enthusiast, my first job was driving the chase [...]
Goldman Sachs boosts junior bankers’ pay to over $110k after 95-hour work week complaints August 3, 2021 Goldman Sachs has become the last of the Wall Street banking giants to bump up pay for its junior investment bankers, after analysts at the bank sent a presentation to management revealing colossal workloads. First-year analysts at the bank will now make between $110,000 and $150,000. Upon their second year at the bank, analysts’ base [...]
CBI chief economist: Bank of England chasing missed rate hikes April 21, 2022 The Bank of England has been slow to get ahead of an inflation crunch that is now expected to choke the UK’s economic recovery, according to the chief economist at Britain’s top business group. Rate setters “should have acted sooner in the autumn” to cool the elevated cost of living, Rain Newton-Smith, chief economist at [...]
UK banks’ profits surge past French rivals for first time since before Brexit vote July 4, 2022 Profits at Britain’s banks have topped their French counterparts for the first time since before the Brexit vote, reveals a fresh study published today. The UK’s largest lenders posted pre-tax profits of $55.1bn (£45.6bn) last year, slightly higher than the $54.8bn (£45.3bn) registered by French banks, according to The Banker’s annual top 1,000 world bank [...]