Jes Staley set ‘to stay on at Barclays for two more years’ October 19, 2020 Jes Staley is reportedly set to stay on as chief executive of Barclays, despite the lender coming under pressure to replace the controversial American. The bank is not expected to announce any succession plans when it reports third quarter earnings on Friday despite activist investor Edward Bramson recently renewing his attack on Staley, The Telegraph [...]
The winds of change for financial services have been a digital blessing October 14, 2022 Crypto AM columnist Jonny Fry examines how the financial services sector has embraced digital change in recent years.
Top of the shops: Asos sales growth set to continue due to lockdown gains April 1, 2021 Asos is set to report a further jump in earnings and sales as continuing lockdown restrictions have kept consumers shopping online. Revenue is expected to jump 22 per cent to around £1.95bn when it updates shareholders on its trading performance for the half year to February. Earnings are also expected to surge 135 per cent [...]
Exclusive: Bank of Ireland UK launches four working hubs in pivot to flexible working April 15, 2021 The Bank of Ireland is the latest company to pivot to a flexible working model with plans to launch four working hubs across the UK. Some 91 per cent of employees surveyed by the bank have indicated they would like to work flexibly in a sign of just how much working patterns have changed amid [...]
Deliveroo targets 8 March for bumper IPO kick-off – report February 15, 2021 Deliveroo could kick off proceedings for its highly anticipated London listing as early as next month, Sky News today reported. The food delivery firm is said to be mulling beginning the float process on 8 March – a little over three weeks time. But insiders told Sky that the date was not yet set in [...]
Trustpilot aims for £1bn valuation in upcoming London IPO March 8, 2021 Consumer review service Trustpilot is aiming to bag a £1bn listing when it lists its shares in London later this month, after it secured $240m through the initial public offering. The Danish company confirmed its intention to float on the London Stock Exchange earlier this month, following $240m commitments from investors including Fidelity, Adelphi, BlackRock and [...]
Swedish payments app Trustly plots IPO amid flurry of tech listings January 22, 2021 Swedish payments firm Trustly is reportedly planning a public listing this year worth up to 9bn, amid a flurry of tech IPOs. Trustly’s private equity backer Nordic Capital is working with Goldman Sachs, JP Morgan and Carnegie on the IPO which is due in the second quarter, according to Reuters. Nordic Capital bought a 70 [...]
UK inflation climbs to 0.7 per cent in March April 21, 2021 The UK’s Consumer Prices Index (CPI) rose to 0.7 per cent in March, from 0.4 per cent in February, official ONS figures showed this morning. CPI was boosted by rising fuel costs and clothing but was partially offset by falls in the price of food. The ONS said prices charged by manufacturers rose by 1.9 [...]
European Super League: Boris Johnson to meet officials amid football row April 20, 2021 Prime Minister Boris Johnson will today host a meeting of football officials and fan representatives to discuss England’s response to the planned European Super League. Furious fans held demonstrations yesterday following the announcement that the Premier League’s six biggest clubs will join the new breakaway competition. The plans have also sparked a backlash among rival [...]
Hong Kong races ahead of London and New York in bid to get bankers back in the office June 21, 2021 Hong Kong races ahead of London and New York in bid to get bankers back in the office