City Moves: Who’s switching jobs in the Square Mile this week? January 13, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Aon Professional services firm Aon has hired an ex-HSBC director as its new enterprise client leader for financial institutions team. Pete Rutherford, who has held positions at Abrdn, the Royal Bank of Scotland and Clydesdale Bank, brings [...]
City Moves: Who’s switching jobs in the Square Mile this week? March 3, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Knight Frank Property consultancy Knight Frank has appointed a new head to lead sales in St John’s Wood. Also joining as partner, Neir Gigi brings over 23 years’ experience from across central and northwest London property markets. Gigi, who joins the [...]
England v Scotland: Scouting the Scots with a bit of help from investment banking ahead of the Euro 2020 Battle of Britain June 18, 2021 It’s England v Scotland at Euro 2020 this evening as the Battle of Britain returns to major tournament football. Gareth Southgate will have his own ideas about Scotland’s strengths and weaknesses under Steve Clarke. But, should he need any more pointers, we can offer some answers based on quantitative analysis methods borrowed from investment banking. [...]
NatWest books £300m in legal fees to deal with money laundering fallout October 29, 2021 NatWest has set aside nearly £300m in legal fees to deal with the fallout of admitting it allowed money laundering to take place in the bank. The bank announced in its third quarter results that it booked a £294m litigation and conduct charge during the period. NatWest recently became the first British bank to admit [...]
Digital banks pull ahead of high street rivals in battle for consumers’ wallets August 17, 2021 Digital banks are pulling ahead of their traditional high street rivals in the battle to deliver strong customer services, according to findings from the competition watchdog. The Competition and Markets Authority found that Monzo, Starling Bank and First Direct are the top banks for customer service in Britain. The CMA conducted a survey of 1,000 [...]
UK government to sell-off more of NatWest stake July 22, 2021 The UK government is set to sell more of its stake in NatWest over the next year. Over the next 12 months, the government plans to sell 15 per cent of its stake in the bank formerly known as Royal Bank of Scotland through a share sale. Read more: NatWest chairman warns City will never [...]
Octopus Energy submits the only bid for collapsed supplier Bulb Energy after auction process July 20, 2022 The Government is weighing up Bulb Energy's future after the auction process for the fallen energy firm attracted just one bid.
City Moves: Who’s switching jobs in the Square Mile this week? January 26, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. TheCityUK TheCityUK has appointed the founder and CEO of Aquis Exchange as the inaugural chair of the industry body’s new business council. Alasdair Haynes joins the council as one of many chief executives and chairs from around 35 [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 27, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Brewin Dolphin Brewin Dolphin has promoted its current investment director to lead the wealth manager’s market analysis. Janet Mui will play a crucial role in the investment solutions team and will be responsible for the delivery of external macro views [...]
Royal Bank of Scotland ‘returns from the wilderness’ with £1.7bn dividend August 2, 2019 Royal Bank of Scotland scored a bumper £1.3bn profit for its second quarter, it revealed today, as well as offering a special 12p per share dividend to investors. But it warned that tough economic conditions would hit profitability into 2020, sending its share price down almost five per cent. Read more: Barclays boosts first half [...]