Former Barclays boss in line for £200m windfall as Blackrock takes 10x stake June 5, 2021 Former Barclays boss Antony Jenkins is said to be on the brink of a deal that will see his personal wealth surge by £200m as Blackrock funds close in on his new fintech venture. Jenkins, who was ousted as chief executive of Barclays in 2015, is close to selling a stake in 10x Future Technologies [...]
Leonardo electronics division files for $700m US IPO March 15, 2021 Aerospace engineering firm Leonardo’s electronics division has today filed for an initial public offering worth $700m (£503m) in the US. According to regulatory filings, investors can get their hands on 22 per cent of the subsidiary, at a price of $20 to $22 per share. Italian firm Leonardo, which is 30 per cent state owned, [...]
What impact could the US-UK Russian oil ban have on Tesla’s share price? March 11, 2022 The Tesla (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron worries saw it fall to $764 by 23 February. Then Russia began its invasion of Ukraine, and Tesla shares rocketed to $880 on 2 March as the implications for oil were [...]
Nftcracker: Natalia Osipova auctions off NFTs to fund new dance company November 29, 2021 Internationally renowned ballerina and star of the London Ballet Natalia Osipova is selling NFTs to raise funds for a new dance company.
Music fund Hipgnosis to raise £150m for song-buying spree June 16, 2021 Hipgnosis is set to raise a further £150m through a share placing as the music royalties firm continues to cash in on the booming value of song rights. The London-listed company today said it will raise the funds through the placing of 124m new shares priced at 121p each. This represents a 2.4 per cent [...]
Soho House confirms it has begun New York listing June 21, 2021 The Soho House private members club today announced it has begun the process for a New York stock market listing that could see the business valued at more than $3bn (£2.15bn). The company, which owns 28 clubs around the world, said that it has filed a registration statement with the US Securities and Exchange Commission [...]
Technology companies dominate list of best places to work in the UK January 13, 2021 Here's the list of best places to work in the UK, and these tech firms dominate
Q&A: What does the Crouch review mean for English football? November 24, 2021 The review into football governance published today proposes a new financial regulator to ensure the stability of football into the future. HOW DID THE REVIEW COME ABOUT? The government announced the review just as the furore around the possible launch of a European Super League reached its peak. The JP-Morgan advised league would have seen [...]
City Moves for 9 February: Who is switching jobs in the Square Mile this week? February 10, 2021 City Moves provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. This week hosts movements over at Big Four auditor Deloitte, JP Morgan, HMRC and PE firm Dean Street. Meanwhile, green London housing looks to be a focus for 2021 with Public Sector Plc’s new [...]
CEO of Flutter sports betting platform FanDuel steps down May 12, 2021 Sports betting and gaming group Flutter Entertainment has confirmed this morning its FanDuel chief executive officer will exit the top position after four years leading the sports gaming platform. Despite handing in his notice, Matt King has chosen to remain with FanDuel until a successor has been found. “It has been a privilege to lead FanDuel [...]