Global X ETFs: Ex-Goldman man flown in as new chief after C-suite exodus February 21, 2024 Global X ETFs has appointed a new chief executive after the firm saw its senior leadership depart from the firm. Ryan O’Connor, formerly global head of ETF product at Goldman Sachs Asset Management, has taken on the top job, after previous CEO Luis Berruga left the firm in November. Berruga, who had worked at the [...]
Hunt’s record January surplus isn’t the good news the Chancellor was looking for February 21, 2024 The £9.2bn undershoot on borrowing in the year-to-date is good news, but it won't have a big impact on how much headroom the Chancellor will have in the Spring Budget.
Sharp rise in cyber attacks at UK law firms as hackers eye sensitive data February 21, 2024 The number of reported cyber attacks on UK law firms has increased 36 per cent over the past year. According to data by speciality reinsurance group Chaucer, there were 166 reported cyber breaches in 2021/22, this number jumped to 226 for 2022/23 (as of 30 September). Chaucer says that the large number of attacks against [...]
Vistry: Housebuilder defends doubled pay packet for chief February 21, 2024 Housebuilder Vistry Group's boardroom remuneration committee has not bowed to shareholder pressure over its chief executive’s hefty salary and bonus package.
Easyjet headed for FTSE 100 return after falling out during Covid slowdown February 21, 2024 Easyjet is headed for a post-pandemic return to the FTSE 100 after falling out of the top flight when aircrafts were grounded during lockdown.
CVC launches sixth Asia fund as demand for private equity remains strong February 21, 2024 The new fund is 50 per cent larger than its predecessor, which was raised in 2020 and closed at $4.5bn (£3.6bn).
Citigroup raises Scottish chief Jane Fraser’s pay to £20.6m while slashing 20,000 jobs February 21, 2024 Citigroup has handed its Scottish chief executive Jane Fraser a six per cent pay rise to $26m for 2023, citing her bold plan to overhaul the Wall Street bank.
Urban Logistics: Bidding war erupts over Abrdn property trust February 21, 2024 A bidding war has erupted over the Abrdn Property Income Trust, as the £592m Urban Logistics REIT has made a counteroffer to Custodian Property Income's bid for the trust.
BT Tower to be turned into Heatherwick-designed hotel by US giant February 21, 2024 London's iconic BT Tower has been sold to a US hotels giant for £275m - who will give it a new life as a hotel
New landmark arena planned by operator of The 02 in London February 21, 2024 The company that runs The 02 in London has submitted plans for a new 8,500-capacity arena in Edinburgh.