Bull market: New version of Wall Street’s iconic ‘Charging Bull’ goes under the hammer later this week October 1, 2018 A new version of the Charging Bull, the dramatic sculpture which has become a symbol of Wall Street, goes on sale in London this week. The highly-polished bronze by Arturo di Modica features in the sale of 20th century and contemporary art by auctioneers Phillips on Thursday, City A.M. can reveal. At 6ft long the [...]
Global league table of ‘caring’ investors: Americans more focused on sustainability than Europeans September 20, 2018 | City Talk The US is the only developed country to make the top 10 of a sustainable investment league table that gauges consumer habits and investing actions. Countries in the developing world dominated the top ten while European countries occupied the middle and lower half of the league table. The results of the Schroders Global Investor Study [...]
UK and US should have mutual recognition of financial sectors on ‘day one’ of a post-Brexit trade deal, says new report September 18, 2018 The UK and US should seek an immediate system of mutual recognition to deepen trade in financial and professional services, according to a new report produced by policy experts from both sides of the Atlantic. The proposal is one of a range of suggestions put forward by a group of 11 think tanks in a [...]
10 years on from Lehman’s collapse: seven charts to consider September 14, 2018 | City Talk Ten years ago, US investment bank Lehman Brothers filed for bankruptcy, marking the most symbolic moment of the global financial crisis. It remains the largest bankruptcy filing in US history. The demise of Lehman on 15 September 2008 was just the tip of the iceberg. Little did we know but at the time the whole [...]
What might trigger the next global financial crisis? September 14, 2018 | City Talk Ten years on from the collapse of Lehman Brothers and the deepening of the global financial crisis, the world seems to be a safer place. Over the past decade there have been significant shifts in the world economy such that the imbalances that could lead to a crisis are less. The risks haven’t entirely gone [...]