Re-DeFining finance raises: Launchpads! March 4, 2021 An insider's view of the industry with DeFi Dawg talks us through a host of launchpad solutions and evolutions.
Super League debacle shows value of putting purpose at heart of “building back better” June 6, 2021 When the London-based family investment firm I founded, Man Capital, recently acquired Right to Dream, a global football group that includes a premier league club in Denmark and a network of football academies in Europe and Africa, I was asked what kind of a “return” we would be seeking for this “investment”. The framing of [...]
Citigroup tops profit estimates on trading bounce July 14, 2020 Citigroup beat analysts’ estimates for profit in the second quarter as its trading desks cashed in on the market volatility caused by the coronavirus outbreak. The uptick allowed it to set aside $5.6bn for a potential surge in loan defaults. The New York-based bank reported a profit of $1.32bn for the three months to the [...]
City to shift €150bn of UK assets into France ahead of Brexit October 13, 2020 Firms have begun shifting around €150bn (€135bn) of UK assets from the City into France ahead of the Brexit transition period deadline, according to the governor of the Bank of France. Francois Villeroy de Galhau told the Europlace International Financial Forum that the Bank of France has authorised asset shifts by 32 companies — mostly [...]
FTSE 100 drops to October lows on recession fears January 15, 2021 The FTSE 100 sunk into the red today, capping off its worst weekly performance since the end of October amid fresh Covid woes. The blue-chip index closed down 0.97 per cent at 6,735 points after new data showed UK GDP fell 2.6 per cent in November, sparking fears of a double-dip recession. London’s main market [...]
Goldman Sachs offers office perks as it ramps up return to work August 27, 2020 Goldman Sachs is laying on perks for staff members that return to work in its London offices as the US bank looks to bring workers gradually back to the City. The lender is offering perks including protective gear, free food and use of an on-site nursery for all employees who choose to return to its [...]
The City View: Moneypenny CEO on why it’s time to come out of hiding and find some confidence August 24, 2020 In this episode Christian talks to Joanna Swash, chief executive of the customer services and office support provider Moneypenny, which has 20,000 corporate clients in the UK and US. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Joanna talks about the impact of the early stages of lockdown on her company and explains how she transitioned 1,000 [...]
Leading business figures call on Sunak to slash taxes to return to 90s growth October 5, 2020 Leading business figures have backed calls from the Institute for Economic Affairs (IEA) for the government to implement similar policies to those that contributed to the best period of economic growth in recent history. These include slashing and streamlining taxes in order to build a “bright future”. Wetherspoons founder Tim Martin, JP Morgan VP Laurence [...]
Twitter employee ‘helped attackers’ perpetrate blue tick account hack July 16, 2020 A Twitter employee was to blame for last night’s high profile hack of the social media, two sources have told Vice. In one of the most devastating data breaches in history, hackers managed to infiltrate Twitter’s most notable blue tick accounts and send scam tweets supporting bitcoin before the social network clamped down on the [...]
Activist investor demands removal of Barclays boss Jes Staley over Epstein links March 2, 2020 Barclays should remove chief executive Jes Staley from its board over his ties to convicted paedophile Jeffrey Epstein, according to activist investor Sherborne. In a letter to shareholders, Sherbone, which is led by Edward Bramson, said the decision by Barclays’ board to nominate Staley for reelection amid an ongoing regulatory investigation was “ill advised”. Sherborne, [...]