Goldman Sachs plans to scrap virtual internships in drive to end remote working March 10, 2021 Goldman Sachs told incoming summer analysts this year’s internship will be in-person, breaking with the majority of its investment bank rivals that plan to keep their internships virtually. The move, first reported by Financial News, will apply to internships globally. David Solomon, the chief executive of Goldman Sachs, recently called working from home an “aberration”. [...]
Boris Johnson considers new Covid-19 measures as Omicron variant spreads December 26, 2021 Boris Johnson will weigh up whether or not to bring in new restrictions in a crunch meeting with his cabinet and scientific advisers tomorrow.
Dowden defends Channel 4 privatisation push as ‘needed’ to fend off streaming giants September 15, 2021 UK culture secretary Oliver Dowden has restated his view that changing Channel 4’s ownership is the best path for the channel, in the latest sign that the government intends to push forward with plans to privatise the state-owned broadcaster. Speaking publicly for the first time since the government launched a consultation on the future of [...]
Bridgepoint shares swell 26 per cent upon rare London IPO July 21, 2021 Shares in private equity firm Bridgepoint surged upon its London stock exchange debut on Wednesday, in the first major UK listing for the industry in decades. The buyout group, which has around €27.4bn of assets under management across equity and debt funds, set a share price of 350 pence per share in an announcement on [...]
European Super League: UK government vows to do ‘whatever it takes’ to block proposal April 19, 2021 The UK government will do “whatever it takes” to block six Premier League teams from creating a new breakaway European Super league including withdrawing previous funding, according to culture secretary Oliver Dowden. Dowden told MPs today that last night’s announcement from 12 clubs – including Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham – [...]
UFC owner Endeavor hits $11.6bn valuation on stock market debut April 29, 2021 Talent agency group and UFC owner Endeavor has secured a valuation of $11.6bn (£8.3bn) after taking its second shot at floating on the stock market today. The company, which was founded by Hollywood mogul Ari Emanuel, opened at $27 on the New York Stock Exchange, 12.5 per cent its offer price of $24. Emanuel founded [...]
France targets City of London firms in post-Brexit ‘Choose France’ push June 20, 2021 French President Emmanuel Macron has began a new push to bring City of London firms to Paris post-Brexit. JP Morgan chief Jamie Dimon and Goldman Sachs boss David Solomon have been invited to Macron’s “Choose France” event at the Palace of Versailles on 28 June, where the President will try to make the case for investment in [...]
Football could be set for new financial watchdog after Crouch review November 24, 2021 ENGLISH football is set for a new financial regulator after a Government-commissioned review into governance of the beautiful game slammed current safeguards as insufficient. The review, written by Tory MP and former sports minister Tracey Crouch, recommends the creation of a new independent watchdog which would oversee financial regulation across football. Last night sources close [...]
Bridgepoint sets London IPO of up to £2.9bn July 14, 2021 Private equity firm Bridgepoint’s London IPO could value the company at as much as £2.9bn, in the first major UK listing for the industry in decades. The buyout group, which has around €27.4bn of assets under management across equity and debt funds, is looking to raise up to £789m when it lists on the London [...]
Citigroup offers London staff Covid tests as part of back-to-office plan March 11, 2021 Citigroup offers London staff Covid tests as part of back-to-office plan