Has the P2P halo slipped? February 23, 2017 For the past few years it has seemed like P2P lenders could do no wrong. Seen as the feisty challengers to the allegedly ineffective and self-serving banking giants, these champions of the honest and hardworking SME were going to revolutionise the way businesses were funded. Yet revolutions seldom work out the way idealists hope. So [...]
Regulators welcome fintech but aren’t sure what to do with it February 23, 2017 | City Talk Regulators have a 'wait and see' attitude about regulating fintech. Two governmental organisations recently released reports on regulatory approaches to fintech advances, including blockchain. First, the US Federal Reserve Board released its report on distributed ledger technology (i.e., blockchain) in payments, clearing, and settlement. Following that release, the European Supervisory Authorities (ESAs) — a joint [...]
City Moves for 23 February 2017 – who’s switching jobs? February 23, 2017 Today's City Moves cover legal eagles, private banking and engineering. Take a look at these movers and shakers: Bishop & Sewell Bishop & Sewell, a leading full service Central London law firm, has appointed Stephen Charnock as senior associate solicitor in its landlord & tenant team. Stephen specialises in leasehold enfranchisement and has more than [...]
Bring on the robots: We should welcome the demise of the human machine February 22, 2017 In decades to come, people will reflect on the present day with bewilderment and say: “they had humans doing what?” In the blizzard of noise around a looming acceleration in technological unemployment we need to balance our fears of the rise of the robots with excitement around the impending demise of the human machine. The [...]
With possible changes to the way that some defined benefit pensions are indexed against inflation, there may never be a better time to cash yours in February 22, 2017 Your gold-plated final salary pension may lose some of its shine, if the ideas put forward in a new government consultation come to fruition. In a green paper on the future of defined benefit (DB) pensions, published on Monday, the Department for Work and Pensions (DWP) discusses the option of allowing pension scheme trustees the freedom [...]
Podcast: Sexuality and the City – being LGBT in the Square Mile February 22, 2017 This week we're joined by LGBT voices from the Square Mile to discuss the power of diversity, breaking Lord Browne's glass closet – and to ask if it is necessary to be open about your identity at work. Guests today include EY's Tim Jarman, RBS's Yvonne Miller and Clifford Chance's London managing partner, David Bickerton. [...]
Revealed: The 20 toughest job interview questions asked by UK companies February 22, 2017 We've all been faced with that moment when a job interviewer asks that curveball question – and you only have a few seconds to come up with the perfect answer. Now job site Glassdoor has listed the 20 toughest interview questions asked by UK employers, with questions from the likes of Tesla, Microsoft and British Airways. Here are the worst [...]
What really goes on inside Barclays’ global business division… February 22, 2017 | City Talk Have 120 seconds free? Take a look behind the scenes at Barclays' UK corporate, consumer and investment bank. Discover why a 250-year relationship is so vital for this operation:
City Moves for 22 February 2017 – who’s switching jobs? February 22, 2017 Today's City Moves cover property planning, analytical ratings, energy and engineering. Take a look at these movers and shakers: Indigo Planning Indigo Planning has appointed Sam Pullar as associate director. He joins the group with more than 12 years’ planning and development experience in London and the South East. Much of Sam’s work to date [...]
A growing gap between what men and women receive in employer pensions contributions is causing a £47,000 shortfall for women February 22, 2017 A gap between the amount men and women receive in employer pensions contributions means there will be a near £47,000 shortfall by the end of a woman's working life. According to the Zurich Workplace Savings Barometer, a mass study of 250,000 pension plans, last year on average, men under the age of 35 received £217 [...]