Nouriel Roubini interview (Part I): Expect a ‘synchronised slowdown’ in 2019 April 2, 2019 When Nouriel Roubini talks, it’s worth a listen. Not known for his optimism, the well-known American economist bears the moniker ‘Dr Doom’. CFA Institute spoke to him to get his take on topics including the prospects for global growth and technologies. CFA Institute: When you spoke to us in 2015, roughly six years after the [...]
Last Week in the City: August rate rise now less likely July 20, 2018 Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (16 to 20 July 2018). The chances of an interest rate rise at the Bank of England’s August meeting appeared to recede this week after inflation data was more subdued than expected and retail sales data [...]
Women should not have to change the City alone March 12, 2019 Last Friday we celebrated International Women’s Day, which provides a terrific opportunity to reflect on how far we’ve come towards an equal and fair society, but also how far we have to go. I appreciate that some may disregard an Oxbridge-educated, white, male Conservative politician talking about gender equality. But it is beholden on all [...]
Tradeweb’s CEO on tech, China, and modernising bond markets July 24, 2019 While researching Lee Olesky, the co-founder and chief executive of the fixed-income market platform Tradeweb, I came across an article comparing him to Amazon’s founder Jeff Bezos. Both started their companies in the nineties. Both set out to use the internet and ecommerce to disrupt their respective industries at a time when the idea of [...]
Lloyds Banking Group: Q1 results analysis May 7, 2019 By Graeme Evans from interactive investor. After a stunning share price performance, do these 'hit and miss' results justify optimism? Lloyds Banking Group (LSE:LLOY) investors, in need of a silver lining after an underwhelming earnings season from UK lenders, only have to look back 24 hours earlier to the surprise gift handed to the bank [...]
City Moves for 7 September 2018 – who’s switching jobs at Fenchurch Advisory Partners, Wyelands Bank and CVC Credit Partners? September 7, 2018 Today’s City Moves cover financial services, small-business banking and Fenchurch Fenchurch Advisory Partners has appointed William Nourse as a senior managing director. William has more than 20 years of experience of corporate finance in the financial services sector. He joins from Credit Suisse, where he was a managing director in the financial institutions group. Before [...]
Ofgem to help over 100,000 customers as another energy supplier goes bust November 21, 2018 Ofgem has said it will step to ensure a smooth transition for customers as yet another small energy provider went out of business today, the sixth this year. Customers of Extra Energy will be protected by the regulator’s safety net, it said. The company’s 108,000 domestic and 21,000 business customers have been told not to switch [...]
PPI scandal turning ‘portions of Britain into fraudsters’, Barclays boss claims September 23, 2018 The PPI scandal has turned “portions of Britain” into fraudsters, Barclays chairman John McFarlane has claimed. McFarlane, said it was “inconceivable” that all the payment protection insurance mis-selling claims that had helped fuel a “flat-screen television” buying spree were genuine. He also accused the government of being complicit in the weakening of the banks by [...]
Finalist November 9, 2022 Start-up of the Year supported by World Mobile Swash Swash is reinventing data ownership through new incentivisation streams and a collaborativedevelopment framework, governed by the ethos of Web 3. It enables individuals, developers, and businesses to cultivate new realities of data ownership and value creation. It is the largest data unionin the market with over [...]
Watchdog slaps Lloyds with legal demands over PPI failures October 4, 2018 The UK’s competition watchdog has handed Lloyds legal directions after the lender failed to meet its obligations around managing accounts with payment protection insurance (PPI), the policy at the centre of a huge mis-selling scandal. The Competition and Markets Authority (CMA) has called on the lender to “put effective systems and procedures in place” after it [...]