Quilter boss: Why Westminster needs to keep its ‘tinkering’ hands off the City May 2, 2024 Every week, Charlie Conchie sits down with the biggest movers and shakers in financial services. This week it’s Steven Levin, chief executive of wealth manager Quilter
Shell focused on ‘delivering more value’ as speculation around US listing swirls May 2, 2024 FTSE 100 giant Shell has today reported a 15 per cent jump in earnings before interest, tax, deprecation and amortisation (EBITDA) for the first quarter.
Mark Kleinman: BHP’s Anglo bid, Getir’s lack of delivery and what next for Nationwide May 2, 2024 Mark Kleinman is Sky News’ City Editor and writes a weekly column for City A.M., this week on the bid for Anglo American, Getir’s struggles and Nationwide’s Virgin Money takeover Anglo can’t bank on a full-blown auction It’s the opportunity Mike Henry has been waiting for. Four years after assuming control of BHP, his moment [...]
Former Binance CEO faces four months behind bars May 2, 2024 On Tuesday, crypto took another blow from the US as industry icon “CZ” was sent to prison. This time it was Changpeng Zhao (CZ), the founder and former CEO of Binance, crypto’s largest centralised exchange, feeling the wrath of the US government. CZ received a four-month federal prison sentence for his role as CEO of the exchange and for breaching the Bank Secrecy Act. He will be the first CEO to go to prison for non-compliance with this act.
Banking stocks are back: Natwest leads FTSE 100 in 2024 as lenders beat expectations May 2, 2024 Just three months after Bank of England governor Andrew Bailey called their weak share prices a “puzzle”, the UK's biggest banks have buoyed investors with impressive returns.
Scotland set for weaker growth despite avoiding recession – but there is room for optimism May 2, 2024 Scotland's economy is set for weaker growth despite avoiding entering a technical recession, according to KPMG.
Booming tech sector helps London reclaim crown as Europe’s FDI capital May 2, 2024 London returned to its top spot as Europe's most important destination for foreign direct investment (FDI), new figures show.
Calls for a ‘British Library’ of the public’s data grow to help drive AI progress May 2, 2024 A think tank has called for the creation of a 'British Library' of the public's data to help improve Britain's position in the global AI race.
Petition against DWP’s plans for bank ‘mass spying’ powers nears 200k signatures May 2, 2024 An online petition calling on the UK government to abandon plans for "mass bank spying powers" has received more than 167,000 signatures as privacy campaigners slam new measures to combat fraud.
Tighter Whatsapp lobbying rules would have revealed Greensill scandal, MPs say May 2, 2024 Stricter transparency rules on lobbying over Whatsapp would have resulted in the Greensill scandal being uncovered, a group of MPs has said.