REC: Recruitment is £7.7bn key to economic bounce back February 18, 2021 Recruitment is the key to economic recovery, the Recruitment & Employment Confederation (REC) has said today, as recruitment firms boost productivity by £7.7b each year. However, far more can be achieved as new research found that only half of people think that companies are doing a ‘good job’ at recruiting efficiently. A below standard hire [...]
London’s small-cap firms fall behind FTSE 100 on diversity targets February 17, 2021 The lack of diversity in boardrooms goes well beyond the FTSE 100 with new research showing just how little progress small-cap firms have made. A staggering 84 per cent of AIM and 78 per cent of Small Cap 100 companies have all white boards, over double the proportion seen in the FTSE 100. Some progress [...]
Exclusive: City law firm boss on the rise of US-style class action suits in Britain February 4, 2021 In a wide-ranging, two-part interview, City A.M. sits down with Natasha Harrison, the Chancery Lane-based managing partner of global law firm Boies Schiller Flexner, which has around 400 staff in 11 offices around the world. Yesterday, Harrison zoomed in on the impact of Brexit on Britain’s legal landscape, while today she discusses the rise of class action [...]
Exclusive – Bank of America’s diversity chief urges City firms to ‘do more’ in 2021 January 1, 2021 The City of London and the government recently launched a joint taskforce in order to tackle the lack of class diversity in the UK’s financial services sector as it is often argued the Square Mile needs to do better at diversity and inclusion. So will there be a step change in 2021? City A.M. sat [...]
Making it in the City as a woman in 2020: a rising private equity star explains December 22, 2020 City A.M.‘s Michiel Willems sat down with Sunaina Sinha Haldea, founder and CEO of Cebile Capital, a London-based placement agent and secondaries advisor in private equity and infrastructure. The Harvard graduate is also an angel investor and serves as chair of the board of Barrecore, one of Europe’s largest luxury fitness boutiques, while she is [...]
Rising private equity star on making it in the City as a woman in 2020 December 3, 2020 Diversity and equality are increasingly on the radar of City firms. Serious priorities or mere marketing spiel? City A.M.‘s Michiel Willems sat down with Sunaina Sinha Haldea, founder and CEO of Cebile Capital, a London-based placement agent and secondaries advisor in private equity and infrastructure. The Harvard graduate is also an angel investor and serves [...]
FCA: Financial services must reflect the diverse industry it serves November 26, 2020 Action needs to be taken quickly for financial services to become an industry that is representative of the diverse people it serves, according to city regulator the Financial Conduct Authority (FCA). “There is a growing consensus that healthy cultures are purposeful, diverse and inclusive… [and] a healthy culture is one where diversity is the fertile [...]
City of London to spearhead taskforce to tackle lack of class diversity in finance November 24, 2020 The City of London and the government are today launching a joint taskforce to tackle the lack of class diversity in the UK’s financial services sector. The announcement comes as new research found that nine in ten senior roles in financial services are held by people from richer backgrounds. The report, by social equality advocates [...]
Mogul Mowgli review: Riz Ahmed shines in timely rap drama October 29, 2020 There’s something joyous about seeing a star let loose in a passion project after a long period in Hollywoodland. Mogul Mowgli’s co-writer, producer and star Riz Ahmed revels in the project, putting in a performance that stands as one of his best. He plays Zed, a British-Pakistani rapper living in New York where his music [...]
Women make up over half of new partners at UK law firms for first time October 21, 2020 The proportion of women becoming partners at British law firms has topped 50 per cent for the first time, according to an influential ranking of the UK’s legal industry. Almost 52 per cent of newly-ranked lawyers attaining partner level over the past year were female, according to legal ranking firm Chambers’ annual report on the [...]