These are 2016’s top 100 influential leaders in fintech (part 2 of 4) December 7, 2016 City A.M. is publishing Hot Topics' top 100 fintech influential leaders list for 2016, supported by 360Leaders. This is part 2 of 4, in alphabetical order. Part 1 is here. For part 3 visit this link, and this is where you can view part 4. The most influential fintech leaders in 2016, E to J Eileen [...]
A man has been arrested for making racist threats against Gina Miller December 7, 2016 A 55-year-old man has been arrested on suspicion of making threats against anti-Brexit campaigner Gina Miller, it has been reported. The Metropolitan Police said officers from its Falcon Unit arrested the man after detectives were made aware of threats made against a 51-year-old woman from 3 November. Read more: Gina Miller condemns "disgraceful" media coverage [...]
Lufthansa names telecoms boss to lead expansion of its Ryanair rival Eurowings December 7, 2016 German airline Lufthansa has plumped for a telecoms boss to drive expansion at its budget airline Eurowings. The board appointed Thorsten Dirks, chief executive of Telefonica Deutschland, to take over from Karl Ulrich Garnadt who's retiring from the board on 30 April next year. Dirks will take charge of Eurowings from 1 May. The airline [...]
These are 2016’s top 100 influential leaders in fintech (part 1 of 4) December 7, 2016 It is no secret that the financial services industry continues to be transformed by the digital revolution. According to PWC, roughly 20% of financial services business is at risk of disruption to fintech companies by 2020. It follows that investment into the sector continues to rise. In 2015, funding of fintech businesses more than doubled [...]
Basingstoke Town FC listed for sale on eBay by former director – but club labels it “misguided publicity stunt” December 7, 2016 Looking for some inspiration in your Christmas shopping this year? How about a football club? Basingstoke Town are currently for sale and you won't even have to grapple with the crowds to buy them. The non-league club were listed for sale on eBay yesterday by fan and former director Simon Hood who believes more needs to [...]
Vauxhall tries to pour cold water on Corsa fire risk claims after concerns raised over heater systems December 7, 2016 Vauxhall has made an effort to reassure customers by refuting claims models of its Corsa have a potential fire risk. An investigation by The Sun claimed heater wiring in Corsa Ds and Es built since 2006 is susceptible to heat damage. The newspaper commissioned a report by forensic investigation firm GBB, after several Corsa owners reported their [...]
The EU competition watchdog just fined HSBC, Credit Agricole and JP Morgan Chase €485m over Euribor December 7, 2016 HSBC is one of three banks fined a total of €485m (£412.4m) over their participation in a Euribor rigging cartel, the European Commission's antitrust watchdog said today. HSBC will pay €33.6m over its month-long participation in the cartel, which rigged euro interest rate derivatives, while Credit Agricole will pay €114.7m and JP Morgan willl pay €337.2m, both [...]
Sterling falls sharply as UK production falls at its fastest rate in four years December 7, 2016 The pound has fallen sharply against the dollar as a big fall in manufacturing production contributed to the biggest fall in UK production for more than four years. The decrease surprised analysts and could deal a blow to the nation's GDP growth expectations. Reduced output in the UK’s oil and gas industries also contributed to [...]
The London luxury properties that have had their prices slashed by over 30 per cent December 7, 2016 London's high-end homes are in crisis. House prices in prime central London have been falling since 2014, when former chancellor George Osborne slapped higher rates of stamp duty on homes worth over £1m. This year, he introduced a further three per cent hike for people buying second homes. Read more: This is how far house prices have fallen [...]