Short sellers pile into Royal Mail after top investor feels the strain of war March 27, 2022 Short sellers are piling into bets against Royal Mail after the shocks of war in Ukraine put the squeeze on its largest investor, Czech billionaire Daniel Kretinsky.
Boots IPO still possible if private equity firms do not cough up, says owner March 27, 2022 One of the owners of high street chemist Boots says floating the chain as a standalone firm is not off the table if private equity firms do not cough up a suitable bid.
Credit Suisse investors demand chance to hold bosses to account over Greensill March 27, 2022 Shareholders of Credit Suisse are piling pressure on the bank’s board to scrap plans for a vote that would absolve directors and executives for the Greensill scandal, after the firm failed to publish a full report into its failings.
Gorillas on the hunt for fresh $500m funding injection March 27, 2022 Rapid grocery delivery firm Gorillas is looking for a fresh $500m funding injection to fuel its growth as investor cash continues to pour into the sector.
Exclusive: Competition watchdog to unveil open banking regulatory committee after fintech pressure March 25, 2022 The competition watchdog is set to unveil a new committee of regulators tomorrow to oversee the rollout of open banking technology, after sustained pressure from fintechs.
Top firms mull pension hikes to keep pace with inflation March 24, 2022 FTSE 100 firms are mulling discretionary pension hikes as soaring inflation threatens to outpace the rate of annual growth in payouts, according to a top pensions consultant.
Bank of England reconsiders plans to hike banks’ capital buffer March 24, 2022 The Bank of England is reassessing plans to hike banks’ capital requirements in the second quarter of this year due to the financial shocks of war in Ukraine.
Toshiba shareholders rebuff plans for break up March 24, 2022 Toshiba shareholders have rejected plans to split the Japanese Conglomerate in two as bosses’ lengthy battle with investors deepens.
Bank of England assesses city exposure to crypto as market booms to $1.7tn March 24, 2022 The Bank of England is scrutinising the city’s exposure to crypto assets as it writes to firms today asking them to voluntarily disclose their strategy and plans in the sector.
BlackRock boss praises private sector for waging ‘economic war’ on Russia March 24, 2022 The boss of the world’s biggest asset manager BlackRock has said Russia’s invasion of Ukraine will spell the end of globalisation as we know it, as he praised the private sector for waging “economic war” on Russia.
