Trade tensions the biggest threat to markets in 2020, say traders January 30, 2020 Traders are worried about the impact international trade tensions will have on the markets in 2020, but only see Brexit as a minor concern, a new survey from JP Morgan has found. Despite the “phase one” deal between the US and China lessening tensions, 50 per cent of the 650 online traders surveyed by JP [...]
Numis Securities remains City’s most popular stockbroker March 2, 2020 Numis Securities remains the City’s most popular stockbroker despite its first large decline in client numbers for over a decade. The stockbroker has lost net six clients since last quarter but retains its top position 221 clients, according to figures from Adviser Rankings. Despite Numis’ popularity, Morgan Stanley has moved into the lead by aggregate [...]
IG employees not required to return to the office until 2021 August 26, 2020 IG is the latest firm to say its employees will not be required to return to the office for the rest of the year. In a memo seen by City A.M., the online trading firm’s chief operating officer Jon Noble told UK employees that they can continue working from home until the end of 2020. [...]
London fintech Currensea launches product for small businesses October 5, 2020 London-based fintech Currensea has today launched a debit card for SMEs, built on open banking, to help with overseas transactions. The first-of-its-kind debit card enables small businesses to make international transactions through their existing bank account without any bank charges and with low fees competitive with leading challenger banks. The new Mastercard, which costs just [...]
Asian stocks drop as US coronavirus cases soar July 10, 2020 Asian stocks dipped this morning as several US states recorded soaring new coronavirus cases, sparking concern about economic recovery. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.74 per cent while Japanese stocks were down by 0.58 per cent. China’s Shanghai composite index dropped 1.5 per cent as state media discouraged retail investors from [...]
Investec fires starting gun on £1.8bn float of asset management business Ninety One January 31, 2020 Investec today fired the starting gun on the float of its asset management business in a listing expected to value the business at between £1.6bn and £1.8bn. Investec announced the new business, Ninety One’s, expected intention to undertake an initial public offering (IPO) today. Ninety One intends to apply for admission of its shares to [...]
Is digital currency the future of cashback and loyalty points? July 13, 2021 Alex Lightman explains how cryptocurrencies can be woven into the fabric of our everyday purchases in the shape of loyalty programs.
Goldman Sachs profit nearly halves as coronavirus hits investment April 15, 2020 Profit at Goldman Sachs dropped more than 45 per cent in the first quarter of 2020 compared to a year earlier as the coronavirus slowdown hit the Wall Street giant’s asset management arm, its latest earnings report showed today. Goldman’s net earnings for the January to March period were $1.21bn (£970m), down 46 per cent [...]
In a remote-working future, young people have so much to lose September 11, 2020 Boris once again rolled up his sleeves for a fight last week as he put pressure on employers to bring their teams back to the office. It won’t be easy – the business world is at loggerheads. JP Morgan and Schroeders, the most corporate of employers, have committed to remote working on a permanent basis [...]
Day Two: Summit October 20, 2022 Day 2: Auditorium Thursday 24th November 2022 Time Title Speakers 9:30 – 9:50 Global events, the economy and Bitcoin: What’s next? Jason Deane – Bitcoin Marco Analyst, Author, Consultant 9:50 – 10:20 Regulatory and Market Challenges for CBDCs and Stablecoins Moderator: Eric van der Kleij Nicole Sandler – Head of Digital Policy, Barclays Dotun Rominiyi – [...]