Exclusive: Most investors could not care less about ESG and sustainability January 20, 2022 With COP26 a few months behind us, more than half of UK investors admit sustainable investing is not a priority for them, with just under 45 per cent saying it is important and it is a priority in their investment portfolio. In fact, less than a third of British investors say COP26 and the UK [...]
Exclusive: ‘Keep a cool head in hairy markets but avoid being an ostrich’, says City grandee and fund chief Andrew Bell January 20, 2022 Witan Investment Trust is a well-know name in the City’s investment space. It can trace its history back to 1909 when it was set up to manage the investment affairs of Sir Alexander Henderson, who later became the first Lord Faringdon. Today it holds over £2.2bn on behalf of more than 28,000 shareholders, using a [...]
JPMorgan tops list of European M&A advisers with $301.5bn deals January 20, 2022 JPMorgan has topped a list of European M&A advisers in terms deal-value after working across $301.5bn worth of deals in 2021, according to new data.
Competition is heating up amongst retail banks, says FCA January 20, 2022 Fierce competition in retail banking is driving choice and lowering prices for consumers according to the UK financial watchdog.
BoE Governor challenges Westminster dismissal of Britcoin January 19, 2022 The governor of the Bank of England has accused a Westminster committee of dismissing key arguments for the introduction of Britcoin.
Bank of America profits climb on loan demand soaring amid US economic recovery January 19, 2022 Wall Street giant Bank of America has reaped a windfall generated by American consumers and businesses taking on loans amid a booming economic recovery. The American banking titan registered a 28 per cent rise in net income, climbing to $7bn in the final three months of last year, it announced today. A strong economic rebound [...]
Personetics announces $85m funding injection to boost banking personalisation January 19, 2022 Personetics has announced an $85m funding injection as it looks to accelerate the roll-out of its banking personalisation solutions.
Exclusive: In war for talent, the rapid surge in pay is tipping the balance of power, says Edmond de Rothschild manager January 19, 2022 11 million. Eleven million is the number of job openings that are currently unfilled in the world’s largest market alone, the United States. In other words, Corporate America is looking for 11m workers to operate at a level that meets end demand. To put this figure into perspective, this is an all-time high and double [...]
British fintech Revolut launches in-app US stocks trading January 19, 2022 UK fintech Revolut has launched commission-free stock trading in the US in a bid to compete with online brokerages including Robinhood.
Brexit: Sigh of relief in the City as Brussels extends clearing deadline for EU banks and finance firms until 2025 January 19, 2022 Brussels has climbed down from a deadline to pull European finance firms’ access to London clearing houses, the bloc’s finance chief announced today. Europe is planning on extending temporary permits allowing banks, brokers and fund managers on the Continent to use UK clearing houses until June 2025. The news was first reported by the Financial [...]