‘Captain of industry? No I just answer the phones’: How the UK lost its superstar CEOs simon neville While the US churns out superstar entrepreneurs to events like Davos, the best the UK can muster up is Jeremy Hunt and Sting, laments Simon Neville.
AI could help us with vaccines and tax cuts, Jeremy Hunt tells Davos UK Politics Artificial intelligence (AI) could help the world with vaccines for the next global pandemic and aid politicians in cutting taxes, Jeremy Hunt has told Davos.
Private sector investment central to Labour’s plan for Britain, Reeves to tell Davos UK Politics Private sector investment is the “lifeblood of economic growth” and central to Labour’s ambitions for Britain, Rachel Reeves is set to say at Davos.
Davos 2024: City of London ready to lead the way on AI January 15, 2024 Harnessing the power of AI is top of the list at Davos and the City of London is ready to set an example, writes Chris Hayward.
Davos 2024: Who will (and won’t) be there? What’s on the agenda? And how much does it cost? January 11, 2024 The latest World Economic Forum in Davos is set to kick off this Sunday, with the great-and-the-good paying thousands, by invitation-only, to be there. But why are they all going to Switzerland, what are they looking to achieve, and can anyone go? Fear not, we have all the answers. First and foremost where and what [...]
Davos round-up: Optimism, the dangers of forecasting and subsidy competition January 20, 2023 Optimism As Davos draws to a close, participants will likely leave feeling more optimistic than when they arrived. There was a mood of gentle optimism throughout, stoked by China’s reopening, rising hopes Europe can avoid a recession and continuing signs US inflation has passed its peak. IMF managing director Kristilina Georgieva cautiously joined the chorus [...]
Davos round-up: BoA ‘over-achieved’ on hiring, Morgan Stanley’s succession plan and Shapps searches for Britain’s Silicon Valley January 19, 2023 As some of the world’s most important CEOs, politicians and thinkers gather at the World Economic Forum in Davos, City A.M. wraps up some of the top lines from the day. US bank layoffs Major Wall Street lenders have been forced into making large scale redundancies in the face of a global economic slowdown. Goldman’s [...]
‘We’re all terrified of being accused of greenwashing’, Standard Chartered boss tells Davos January 19, 2023 Standard Chartered CEO Bill Winters demanded clear rules on climate financing at a Davos meeting as potential lenders are “terrified of being accused of greenwashing”. Winters agreed with panellists that there needed to be much more action on financing climate change initiatives. However, he warned there needed to be standards on “what’s a good project [...]
Davos round-up: Goldman’s consumer banking headache, Big Tech layoffs and Germany’s green drive January 18, 2023 As some of the world’s most important CEOs, politicians and thinkers gather at the World Economic Forum in Davos to discuss an array of economic, political and social challenges, City A.M. wraps up some of the top lines from the day. Goldman Sachs’ consumer banking headache Goldman Sachs’ foray into consumer banking has not gone [...]
Shadow banks: UBS chair tells Davos how regulators have ‘taken their eye off the ball’ January 18, 2023 Colm Kelleher, chair of banking giant UBS, has warned of the need for regulators to spend more time policing so-called shadow banks, or non banks. He made the stark warning during a panel discussion on the risks facing the financial system at the World Economic Forum in Davos. He said regulators had “taken their eye [...]