Do business leaders need to be likeable to succeed? September 29, 2016 In a pivotal debate during the 2008 Democratic presidential primaries, Hillary Clinton was told that, unlike her opponent Barack Obama, she was “not likeable”. Obama couldn’t resist a cheeky retort. “You’re likeable… enough”, he said. And the rest is history. Eight years on and little has changed – Clinton still has a likeability problem. She is [...]
From server rooms to boardrooms: Cyber crime issues must become top priority for UK bosses September 29, 2016 Cyber crime is big business. Attacks can come from opportunists, commercial rivals, terrorist groups, bored teenagers, organised crime and nation states. The goal could be anything from online vandalism to data theft or destabilisation. Faced with such threats, a new industry has emerged promising an array of state-of-the-art systems to keep your data and commercial [...]
Samsung confirms US authorities are looking at problems with its washing machines September 29, 2016 Samsung has revealed that it is in talks with US authorities over safety problems with its washing machines following reports in the media that some of them had exploded. The revelation comes as the US Consumer Product Safety Commission (CPSC) warned of problems to certain top-load machines built between March 2011 and April 2016. “In [...]
City Moves for 29 September 2016 | Who’s switching jobs September 29, 2016 Smith & Williamson Jim Clark and Philip Marsden, both of Marsden Clark Corporate Finance, have joined Smith & Williamson's corporate finance team. Jim is appointed as a director and Philip Marsden as a consultant, based at Smith & Williamson’s Moorgate office in London. Jim and Philip have over 50 years of transaction experience between them. [...]
City watchdog celebrates six months of Senior Managers’ Regime by proposing tweaks September 28, 2016 The City watchdog has today launched a series of consultations for potential tweaks to one of its biggest initiatives to boost culture in financial firms, six months after it started being rolled out. The Financial Conduct Authority (FCA) is looking at ways to bolster the provisions in the Senior Managers' and Certification Regime, which has applied [...]
Plan? What plan? Around a quarter of European companies don’t know what to do about hacks September 28, 2016 A worrying number of European companies have no plans for how to respond to cyber attacks, a study out today has found. Just under half (44 per cent) of the firms surveyed as part of DLA Piper's European Technology Index 2016 revealed they were significantly concerned about the threat cyber crime posed to their business, but a [...]
The great Deutsche Bank sale begins as bailout rumours continue to swirl September 28, 2016 Deutsche Bank sold one of its less core businesses today, prompting speculation that more asset sales are on the cards at the troubled German lender as it faces the prospect of a multi-billion pound US fine. The bank agreed to sell British insurance business Abbey Life to Phoenix, which will bring in nearly £1bn in capital. [...]
Global TV market set to channel over $300bn revenues by 2020 September 28, 2016 The global television market will be worth $325bn (£250bn) in revenues by 2020, PwC and the Institute of Chartered Accountants have forecast. A reported found the UK is regarded as a TV world leader and an exporter of content and technical and creative talent. According to the research, the UK’s success is driven by the [...]
Attorney General among government’s legal eagles for Article 50 court case September 28, 2016 Attorney General Jeremy Wright QC has today been confirmed as among the lawyers speaking for the government in the upcoming Article 50 case. Other members of counsel defending the case at the High Court in October are James Eadie QC, Jason Coppel QC, Tom Cross and Christopher Knight. The case, which has been brought against the government [...]