Shell and BG shareholders defend £36bn deal after Standard Life says it will vote against the move January 11, 2016 Royal Dutch Shell and its supporters have insisted the £36bn acquisition of BG Group will go through after a major shareholder said he would vote against the tie-up. Standard Life Investments' head of equities David Cumming told the BBC he would be voting against the deal on 27 January, calling the acquisition "destructive" for Shell shareholders. [...]
Francois Hollande’s economic adviser Laurence Boon joins Axa January 11, 2016 One of French President Francois Hollande's economic advisers has been snapped up by French insurance giant Axa. Laurence Boone, who was critical of Hollande's socialist government before being appointed, controversially joined Hollande's team of advisers in June 2014. She left a post at Bank of America Merrill Lynch Global Research to do so. “I am absolutely delighted that Laurence [...]
New Axa Insurance boss Amanda Blanc on the company’s plans for growth January 11, 2016 Amanda Blanc began the new year as chief executive of a reorganised Axa Insurance. Previously the head of Axa Commercial Lines and Personal Intermediary, as of 1 January Blanc has taken on responsibility for the French group’s insurance business in the UK and Ireland, a change that doesn’t seem to have phased her. “I feel like [...]
Homeward bound HSBC, City Hall race and oil glut make a busy 2016 January 7, 2016 Forecasting events in the City is frequently a fool’s errand but one thing’s clear from the first week of 2016: it is going to be a tough year for much of corporate Britain. Here’s where I think most of the action will be. 1. Among the first big decisions of the year will be delivered when [...]
Fintech 2016: Bitcoin rises again and compliance gets sexy January 7, 2016 It was another big year for fintech in Europe in 2015. The frenzy of activity in London has continued. There’s been an overload of conferences and events, an occasional dose of premature back-slapping, but most importantly some great companies have raised serious investment. The rest of Europe, Germany in particular, has leapt forward too – [...]
As China fears spark a global market rout, is the country the greatest risk to the world economy in 2016? January 5, 2016 Rebecca O’Keeffe, head of investment at Interactive Investor, says YES. You only have to look at the reaction to yesterday’s disappointing data and subsequent global stock market rout to appreciate just how important China has become to international investors. While the US economy is still much larger, relative growth rates mean that China is actually [...]
As China fears spark a global market rout, is the country the greatest risk to the world economy in 2016? January 5, 2016 Rebecca O’Keeffe, head of investment at Interactive Investor, says Yes. You only have to look at the reaction to yesterday’s disappointing data and subsequent global stock market rout to appreciate just how important China has become to international investors. While the US economy is still much larger, relative growth rates mean that China is actually [...]
As China fears spark a global market rout, is the country the greatest risk to the world economy in 2016? January 5, 2016 Rebecca O’Keeffe, head of investment at Interactive Investor, says YES. You only have to look at the reaction to yesterday’s disappointing data and subsequent global stock market rout to appreciate just how important China has become to international investors. While the US economy is still much larger, relative growth rates mean that China is actually [...]
As China fears spark a global market rout, is the country the greatest risk to the world economy in 2016? January 5, 2016 Rebecca O’Keeffe, head of investment at Interactive Investor, says YES. You only have to look at the reaction to yesterday’s disappointing data and subsequent global stock market rout to appreciate just how important China has become to international investors. While the US economy is still much larger, relative growth rates mean that China is actually [...]
As China fears spark a global market rout, is the country the greatest risk to the world economy in 2016? January 5, 2016 Rebecca O’Keeffe, head of investment at Interactive Investor, says YES. You only have to look at the reaction to yesterday’s disappointing data and subsequent global stock market rout to appreciate just how important China has become to international investors. While the US economy is still much larger, relative growth rates mean that China is actually [...]