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      Royal Mail to cut thousands of jobs in sweeping overhaul

      Royal Mail delivery van outside a postal depot, representing the £21m fine by Ofcom for late mail deliveries.

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      The story of how Simpsons Tavern became Cloth Cornhill

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goldman sachs

  • Goldman Sachs analysts: England will beat Germany in Wembley showdown and progress to final

    June 25, 2021

    Analysts at Goldman Sachs have predicted that England will beat Germany in their crunch Euro 2020 last-16 match at Wembley on Tuesday. After sneaking into the second round following a 2-2 draw against Hungary on Wednesday night, Germany will face England for a place in the quarter-finals. The Germans will be hoping for a repeat [...]

  • Hong Kong races ahead of London and New York in bid to get bankers back in the office

    June 21, 2021

    Hong Kong races ahead of London and New York in bid to get bankers back in the office

  • Goldman Sachs bats off competitors with first UK transaction bank

    June 21, 2021

    Goldman Sachs is set to appear in the UK after the Wall Street-based firm said today it has launched its £35bn transaction bank in the country. The global investment bank expanded its transaction bank business after launching in the US last year, while it eyes steadier revenue sources beyond its investment division. Goldman’s shares sank [...]

  • Goldman Sachs pushes back office return plans after government extends lockdown

    June 16, 2021

    Goldman Sachs has pushed back plans to bring its UK staff back to the office after the government decided to extend the current Covid-19 restrictions for another month. The bank was preparing to bring staff back in June, but told workers overnight that it would delay its plans. A note to staff from Goldman Sachs [...]

  • Morgan Stanley boss: Eating out? Then you can come in to the office

    June 15, 2021

    Morgan Stanley chief executive James Gorman sent a strong message to staff in the US who are reluctant to return to their desks, saying, “If you can go into a restaurant in New York City, you can come into the office.” “By Labor Day, I’ll be very disappointed if people haven’t found their way into [...]

  • Goldman Sachs UK staff under pressure to reveal vaccine status

    June 14, 2021

    Goldman Sachs has sent a memo to its UK staff that “strongly encouraged” them to report their Covid-19 vaccination status, ahead of a return to the office. The investment bank has has been conducting a voluntary survey amongst staff based at its Plumtree Court headquarters in London since the end of May, when employees were [...]

  • Goldman Sachs and JP Morgan to pay interns to quarantine in hotels

    June 13, 2021

    Budding bankers at Goldman Sachs and JP Morgan forced to quarantine in hotels before they can begin their City careers will have their costs covered by the banks. The Wall Street titans are among the major lenders preparing to welcome another intake of new starters in the middle of the pandemic. But many of the [...]

  • Goldman Sachs orders US employees to declare their vaccination status

    June 10, 2021

    Goldman Sachs has sent a memo to staff ordering them to report their Covid-19 vaccination status, ahead of a return to the office. The bank gave its United States employees a deadline of noon on Thursday to declare whether or not they have been vaccinated against Covid-19. In a memo first reported in The New [...]

  • Rishi Sunak promises to protect the City from Brussels’ financial services bid

    June 8, 2021

    Rishi Sunak, the Chancellor, promised that the City will remain “competitive and dynamic” even in the face of Brussels’ bid to unseat it from its crown, in a private call with banks. Sunak described the financial services industry as a “crown jewel” and, according to reports, said the country will fight to protect it. The [...]

  • City Moves: Who’s switching jobs in the Square Mile this week?

    June 2, 2021

    City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Brown Advisory expands London office with senior hires Investment management firm Brown Advisory has bolstered its London office this week with two senior hires as its collection of assets hits $15bn. [...]

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