Is Bitcoin season here? October 11, 2021 Bitcoin is currently changing hands for just below $57k, within touching distance of recent all-time highs over $64k.
Beazley shares fall as it doubles coronavirus claims forecast to $340m September 22, 2020 Specialist insurer Beazley has doubled its forecast for insurance claims related to the impact of the coronavirus pandemic to $340m, as it braces for further disruption to business activity. Almost all of the increase in its estimate stems from event cancellations, as countries appear to be heading into various stages of a second lockdown. Its [...]
Goldman and Barclays eye General Motors’ credit card business August 12, 2020 Goldman Sachs and Barclays are reportedly among bidders for General Motors credit card unit. The two banks are among a small number of suitors for the car company’s credit card business which has about $3bn (£2.3bn) in outstanding balances, according to The Wall Street Journal. Goldman currently has a relatively small presence in consumer banking, [...]
Richard Sharp: Who is the surprise new frontrunner for the BBC top job? January 6, 2021 Speculation over the top contenders for the BBC chairmanship has been rife in recent weeks, with a string of well-known names entering (and exiting) the fray. But the race was this week thrown wide open after it emerged a relatively unknown candidate had emerged as the new frontrunner Richard Sharp, a multi-millionaire former Tory party [...]
Donald Trump and Barack Obama lash out at each other in rival election rallies October 22, 2020 Barack Obama and Donald Trump have mounted vicious attacks on each other last night at opposing rallies as polling day draws closer. Obama, who was speaking at a Joe Biden drive-in rally in Philadelphia, called Trump a “crazy uncle”, a peddler of conspiracy theories and someone who is eroding democracy in the US. The President, [...]
So what if Sajid Javid has a new job? Outside interests can make for better MPs August 19, 2020 A former Deutsche Bank board member has joined JP Morgan as part of the US bank’s EMEA advisory council. Hardly front-page news, you would imagine — notices in brief in a financial publication, at best. Except that the DB alumnus is Sajid Javid, former chancellor of the exchequer and currently MP for Bromsgrove. The reaction [...]
Deutsche Bank to change work-from-home policies permanently in bid to reduce office costs September 25, 2020 Deutsche Bank is set to make flexible working policies permanent to allow staff to work from home on a set number of days per week. Like other lenders, Deutsche Bank has discovered during the pandemic that reducing office space could be a viable way to lower costs. Chief executive officer Christian Sewing said the board [...]
Staff at ETF provider Tabula call time on home working as it moves to Strand August 27, 2020 London headquartered fixed income ETF provider Tabula Investment Management is luring employees back to work with an expanded office to support social distancing. Tabula’s move to 55 Strand will double its office footprint from 1,300 square feet to more than 3,000 sq ft. The fund manager says more than 90% of London-based staff have agreed to [...]
Upskilling isn’t just about digital: it’s about data March 13, 2021 One aspect of Chancellor Rishi Sunak’s Budget that received little attention was his plan to launch a new management programme to upskill the 30,000 plus UK based small and medium-sized enterprises over the next three years. This Budget came only a week after the Institute of Directors and Chartered Management Institute called on the Government [...]
Bank of England can cut rates below zero, Saunders says December 4, 2020 By William James and William Schomberg LONDON (Reuters) – The Bank of England can probably cut interest rates slightly below zero, and it should be ready to pump more stimulus into the economy quickly if needed to recover from the coronavirus crisis or a Brexit hit, BoE policymaker Michael Saunders said. “In my view, there [...]