The office is not dead – far from it, say City insiders April 26, 2021 As the economy starts to reopen, the City is slowly coming back to life. A range of banks and Square Mile-based firms have started to formalise work from home policies and implemented flexible working arrangements. Businesses in every sector have been debating concepts of what the post-Covid office could look like with pessimists doubting its [...]
Credit Suisse appoints new chief risk officer after Greensill and Archegos scandals July 27, 2021 Credit Suisse Group has appointed Goldman Sachs banker David Wildermuth as the new chief risk officer, following recent multibillion-dollar scandals. Wildermuth will replace Lara Warner, who was pushed out in April down as chief risk and compliance officer in the wake of the implosion of the Archegos family investment firm that cost the Swiss bank [...]
Britcoin: Why a UK CBDC should be treated with caution February 10, 2023 Jai Bifulco, Chief Commercial Officer at Kinesis Money, believes the centralised nature of CBDCs comes with more sinister complications.
The future of the office: How one property firm is using virtual reality to create the new normal August 16, 2021 The future of the office has never been more richly discussed. For all the benefits of flexible working, most firms seem determined to bring people back in to reap the benefits of collaboration and creativity. But the co-founder of one property firm, Kitt, is determined to make sure that when we get back to the [...]
Back to adland: What London’s creatives think about the return to the office July 3, 2021 With the final easing of lockdown restrictions on the horizon, attention is turning to the eventual return to the office and a new era of flexible working. Major banks such as JP Morgan, Goldman Sachs and Morgan Stanley have all begun bringing staff back into the office, while UBS has said it will embrace a [...]
‘Recession may have begun’: UK economy craters 0.5 per cent in July September 13, 2023 Data from the Office for National Statistics (ONS) showed that the economy contracted 0.5 per cent in July. Economists had predicted a smaller fall of 0.2 per cent.
Mark Kleinman: Challenging times for challenger banks June 27, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at challenger banks, Carlsberg's Britvic play and office space woes
Fear for the office emerges as Covid sufferers are reluctant to return April 23, 2021 More than a year after the first Covid-19 lockdown, a new trend is emerging among Brits who have been working from home, a genuine fear for the office, according to a new study shared with City A.M. Amongst Brits that now work from home, this trend is more prevalent among those who previously tested positive [...]
Long read: the office, pay cuts, promotions and cities. Transcending the gender gap post-pandemic August 14, 2021 Cabinet ministers and CEOs are falling over themselves trying to bark us back into the office. Some are even threatening to cut our pay if we move too far away, but their sledgehammer approach is not winning converts, especially amongst women. Over the course of sixteen months of remote work, many of us have felt [...]
Just 15 per cent of central London workers back in the office, says think tank August 12, 2021 Just 15 per cent of central London workers have returned to their place of work, according to new figures from the Centre for Cities think tank. The new figures for the last week of July showed that central London has the lowest amount of workers who have returned to the office out of any city [...]