City lobbyists to launch a fresh bid for “mutual recognition” between UK and EU financial regulators March 5, 2017 A major City lobby group is set to launch a fresh bid to win support for mutual regulatory recognition for the UK and the EU's finance businesses within weeks. TheCityUK is to double-down on calls for a bespoke deal on financial services based on a principle of mutual market access for firms on both sides of the [...]
City Moves for 11 January 2017 | Who’s switching jobs January 11, 2017 Wilton & Bain Erin Callaghan has joined Wilton & Bain as a Partner in the firm’s technology practice. Erin has over 10 years’ experience in executive recruitment and has built a track record of delivering senior assignments in the international technology sector, including FTSE 100 and Fortune 500 companies as well as VC or private equity [...]
Property legal Q&A: What legal issues should I consider before I let a leasehold flat in a mansion block? January 23, 2017 Question: I own a leasehold flat in a mansion block and am considering letting it on a daily/weekly basis. What legal issues should I consider before doing so? Answer: The success of Airbnb and similar providers of short room/property rentals has increased significantly over the past few years, but there are several factors to consider [...]
Former watchdog Tracey McDermott will join Standard Chartered to build relationships with regulators January 29, 2017 Tracey McDermott will join Standard Chartered as group head of corporate, public and regulatory affairs effective 20 March to build the bank's relationships with regulators and policy makers. The former acting chief executive of the UK's financial watchdog, the Financial Conduct Authority (FCA), will report to group chief executive Bill Winters and will join Standard Chartered's global [...]
Jeremy Corbyn is wrong: The system isn’t rigged February 6, 2017 Jeremy Corbyn began the new year embarking on something of a rebrand, with aides describing how the Labour leader would move to emulate Donald Trump. This wasn't about any policy shifts, rather the strategy was to borrow from the US President's playbook of straight-talking, honest-tweeting, anti-establishment positioning. It's an approach that sees Corbyn and his [...]
Electric cars and oil prices: should investors be concerned? June 5, 2017 What is more likely to cause a long-term collapse in oil prices – the electric car or the humble combustion engine? If you were to judge solely by media coverage or perhaps even by gut instinct, you might well answer "the electric car". But you would be wrong. So at least argues a single, thought-provoking [...]
Emerging market equities: unloved and under-owned June 21, 2017 “Emerging market (EM) equities has a history of headlines — mostly negative — and volatility,” said Devan Kaloo, Head of Global Emerging Markets Equities at Aberdeen Asset Management. Yet there is reason for optimism, Kaloo assured attendees of the 70th CFA Institute Annual Conference, especially for those value investors who dive deeply into the fundamentals, [...]
What Brexit, the General Election and foreign demand means for London’s commercial property market June 5, 2017 Martin Samworth practically lives on a plane. As the chief executive for Europe, Middle East and Africa (EMEA) for one of the world’s largest property consultancies CBRE, he’s a busy man. In the last few weeks, he has travelled to Madrid, Colorado, Dusseldorf, Tel Aviv, Frankfurt, Lisbon, and New York. The property veteran, who joined [...]
We won’t build a Global Britain with the highest taxes on air travel in the world February 20, 2017 The Prime Minister – in her Lancaster House speech last month – set out her vision for Brexit and her goal of “a truly global Britain”. She has been clear that she seeks to lead “a country that reaches beyond the borders of Europe” and “a country that goes into the world to build relationships”. [...]
Biotech giant backed by Neil Woodford confirms £100m London float February 2, 2017 UK healthcare giant Arix Bioscience, backed by biotech entrepreneur Sir Chris Evans and star investor Neil Woodford, is hoping to raise £100m in a stock market float in London. Arix, which raised more than £50m from Woodford Investment Management and other institutional investors, focuses on developing businesses addressing medical innovation. The London-based company has acquired direct interests in [...]