Icap charity day: Here are some pictures of celebrities on the phone December 7, 2016 The, er, goodwill was clearly flowing during Icap's annual charity trading day, in which celebs descended on the company en masse to raise cash for two HIV charities. Bigwigs including newsreader Jon Snow, Prince Harry and even X Factor's Honey G were on hand to raise money for charities Sentebale, the charity which runs camps for [...]
A man has been arrested for making racist threats against Gina Miller December 7, 2016 A 55-year-old man has been arrested on suspicion of making threats against anti-Brexit campaigner Gina Miller, it has been reported. The Metropolitan Police said officers from its Falcon Unit arrested the man after detectives were made aware of threats made against a 51-year-old woman from 3 November. Read more: Gina Miller condemns "disgraceful" media coverage [...]
The EU competition watchdog just fined HSBC, Credit Agricole and JP Morgan Chase €485m over Euribor December 7, 2016 HSBC is one of three banks fined a total of €485m (£412.4m) over their participation in a Euribor rigging cartel, the European Commission's antitrust watchdog said today. HSBC will pay €33.6m over its month-long participation in the cartel, which rigged euro interest rate derivatives, while Credit Agricole will pay €114.7m and JP Morgan willl pay €337.2m, both [...]
City A.M. Unregulated podcast: Caution – do not listen to this podcast if you are of a nervous disposition December 7, 2016 Economist Jim Rickards correctly predicted the last financial crisis, the outcome of the Brexit vote and Donald Trump's election. Now he is predicting an economic downturn of massive proportions. Here, Rickards talks his new book, Road to Ruin, explains when we can expect the next global economic shock – and details why the global elite [...]
Here are Bill Gates’ five favourite books of 2016 December 6, 2016 Bill Gates is nothing, if not reliable. In recent years, the turning of the seasons have been marked by many with the release of the Microsoft founder's latest Best Books list. And lo, Winter 2016's list came to pass. Gates' Favourite Books of 2016 lists five titles, from a collection of essays on tennis to [...]
Have yourself an analogue Christmas: Vinyl outsold digital downloads for the first time last week December 6, 2016 It's going to be a crackly, scratchy sort of Christmas this year, after new figures showed sales of vinyl outstripped those of downloaded music for the first time since the advent of digital downloads last week. The Entertainment Retailers Association (ERA) said £2.4m was spent on vinyl albums in week 48 of 2016, compared with £2.1m [...]
Demand for homes has only increased in these two London boroughs in the past year December 6, 2016 NULL
Ranked: City law firms with the most staff fleeing to Ireland after the Brexit vote December 6, 2016 It's been revealed there was a huge jump in the number of English solicitors registering to work in Ireland after the Brexit vote – the figure jumped more than 10 times between 2015 and 2016. Yes, according to figures released last night by the Law Society of Ireland, the number of English solicitors registering to [...]
Nigel Farage is on the shortlist for Time magazine’s person of the year. No, seriously December 6, 2016 It's not often Beyonce, gymnast Simone Biles, Vladimir Putin and Nigel Farage are all mentioned in the same breath – but last night it was revealed they are among the 11-strong shortlist for Time magazine's person of the year. Yes, in the past it's been won by the likes of Winston Churchill, John F. Kennedy and, [...]
Brent crude oil just broke $55 for the first time since July 2015 December 5, 2016 Brent crude oil shot above $55 per barrel today as oil traders continued to celebrate Opec's agreement, after months of in-fighting, to put a cap on production. Global benchmark Brent crude rose as high as $55.33 per barrel in late morning trading, up more than 1.4 per cent, though it dipped 0.3 per cent to $54.30 by the [...]
