Fund manager says Unilever has ‘lost the plot’ with focus on purpose over profit January 12, 2022 Fund manager Terry Smith has accused Unilever of “losing the plot” with its focus on sustainability.
Morgan Stanley to boost bonuses for top performers as M&A boom continues January 12, 2022 Morgan Stanley will boost the bonuses of its top-performers by 20% with M&A bankers in line for bumper payouts, according to news reports.
Hedge fund billionaire Alan Howard pockets £56m in bumper earnings January 12, 2022 Hedge fund billionaire Alan Howard earned almost £56m last year as the Brevan Howard hedge fund paid out bumper earnings to employees. The Tory donor and prominent philanthropist is believed to be the highest paid member detailed in Brevan Howard’s recent accounts who received £55.8m in the year to March 2021, The Times reported today. [...]
Crowdcube faces watchdog investigations over failed fast-food firm January 12, 2022 Crowdfunding platform Crowdcube faces a slew of investigations after a group of investors say it failed to verify a company’s business plans.
Buyout giants launch takeover bid for Boots January 11, 2022 Two buyout giants have teamed up to launch a multibillion pound takeover bid for high street chemist Boots, according to news reports. Bain Capital and CVC Capital Partners are reportedly putting together a joint bid for the 172-year-old chain after the firm was reported to be lined up for sale by owner Walgreens Boots Alliance [...]
Citadel Securities sells $1.15bn stake as it eyes up global expansion January 11, 2022 Electronic trading firm Citadel Securities as the firm reportedly gears up for international expansion.
Getir targets $12bn valuation in new funding round January 11, 2022 Rapid grocery delivery firm Getir is targeting a valuation of $12bn in new a fundraising round.
Global tech stocks show signs of recovery after sharp sell-off January 11, 2022 Global tech stocks have shown signs of a rebound following a sharp sell-off in recent days.
Wise shares show signs of recovery after Citi sparks sell-off January 11, 2022 Wise shares began to regain ground this morning after a sharp a sell-off yesterday saw the stock plummet to its lowest price ever. Shares in the London-based fintech firm fell 2.5% before 9am but recovered to trade up 3% on their opening price. Wise shares plummeted 7% yesterday following guidance from Citi analysts that their [...]
Retail investors flock to sustainability firms January 10, 2022 Retail investors have flocked to ‘cleantech’ and sustainability firms as they look to capitalise on a wave of new entrants to the sector.
