HSBC Private Bank breaks a run of bad press June 4, 2015 HSBC has been in the headlines for all the wrong reasons lately, so imagine the sheer relief on the face of its Private bank chief, Francesco Morra, as Private Banker International (PBI) handed the bank an award for outstanding work with international clients. The PBI London Awards, dedicated mainly to the UK and European markets, [...]
Finovate Europe: Global FinTech stars meet up at London’s Old Billingsgate February 10, 2015 London played host to a financial technology (FinTech) showcase yesterday as over 70 startups from around the world met at Old Billingsgate market for a showcase of their latest wares. Each presenting company at Finovate Europe was given seven minutes on stage to wow an audience of over 1,000 executives, venture capitalists, journalists, analysts, and [...]
A class of her own: Anthemis founder Amy Nauiokas talks gender and the future of banks May 10, 2015 What makes someone exceptional? Being chief executive of Barclays Stockbrokers by 34? Heading up four major departments at Cantor Fitzgerald in the wake of 9/11? Or setting up and running both a digital financial services investment and advisory firm and a media production company? These are just the highlights of Anthemis and Archer Gray founder [...]
The FTSE 100: How long will the rally go on? March 23, 2015 Don’t confuse price with value in the equity markets. While many of its European counterparts closed down yesterday, the FTSE 100 rose for the sixth consecutive day, with the UK’s blue-chip index closing up 0.22 per cent and reaching 7,037.67. Shirking fears over Greece, which sent France’s Cac 40 falling 0.65 per cent and the [...]
Timing the first US rate hike: What traders need to know March 9, 2015 The Fed could well be about to end its policy of patience. The US economy’s ability to create astonishing numbers of jobs is showing little sign of changing. On Friday, the US Bureau of Labor Statistics (BLS) reported that total US non-farm payroll employment rose by 295,000 in February, exceeding expectations of 240,000. The US [...]
City Moves for 28 August 2014 | Who’s switching jobs August 27, 2014 Etoro The social investment network has appointed Paul Chrimes as UK managing director. He was previously chief operating officer at Swissquote. Chrimes has also held senior positions at E*TRADE, notably as chief executive of the UK company and senior vice-president of its international business. Polar Capital Holdings The specialist investment manager has announced that Guy [...]
We’ve discovered the UK’s tech unicorns – now we must nurture their growth September 7, 2014 After creating its first product in the 1970s, it took Apple years to become one of the world’s most valuable companies. But in today’s technology sector, a new breed of tech firm is emerging – the unicorn. The unicorn is a startup that grows exponentially to reach a billion-dollar valuation within a few years of [...]
Bitcoin lands world’s largest social investment network January 13, 2014 Bitcoin continues to move from strength to strength, as the world's largest social investment network, eToro, announced that its members will now be able to invest in the virtual currency. eToro's 3m traders can now make Bitcoin investments via contracts for difference (CFDs). The company will encourage members to consider the cryptocurrency a long term [...]
Bitcoin bears outnumber bugs four to one January 22, 2014 Close to half of international investors are bearish on Bitcoin, according to a Bloomberg Global Poll. 47 per cent of those polled said they would sell the digital currency, with only 11 per cent saying they would buy it. Seven per cent said they would hold the cryptocurrency and 35 per cent said they did [...]
Apple sticks the boot into Bitcoin with Blockchain removal February 6, 2014 Apple has removed the last Bitcoin wallet from its iOS app stores. The tech giant offered no explanation for the removal of UK-based Blockchain other than it was due to an "unresolved issue." The application had been available on the iOS app store for over two years and was downloaded over 120,000 times. Blockchain responded [...]