Goldman Sachs profits plunge as dealmaking boom falters April 14, 2022 Wall Street giant Goldman Sachs reported a plunge in profits and slashed bankers paypackets in the first quarter of the year as the post pandemic dealmaking boom finally faltered.
ECB leaves interest rates unchanged as it commits to speed up stimulus exit April 14, 2022 The European Central Bank has announced it will leave interest rates unchanged at zero per cent today as it breaks rank with central banks that have hiked rates in recent weeks to tame rampant inflation.
Standard Chartered pulls back from Africa and Middle East in cost cutting push April 14, 2022 British lender Standard Chartered announced today it would slash its presence in Africa and the Middle East as it looks to cut costs and simplify its business.
PensionBee announces shift to London’s top market as it eyes up profitability this year April 14, 2022 Pensions fintech PensioneBee has announced a shift on the London Stock Exchange’s main market today as it eyes up profitability this year.
Activist investor rounds on new Peloton chief for lack of reform April 13, 2022 The activist investor that moved to oust former Peloton boss John Foley has now rounded on its new chief, claiming he has failed to reform the company’s governance and has not made a credible case for it to remain independent.
Chelsea takeover: who are the four remaining bidders? April 13, 2022 As the race to takeover Chelsea enters the final stretch, who are the consortiums vying to succeed Abramovich?
‘Don’t tell anyone’: Whatsapp messages exposed £400m ‘Essex boys’ traders to US lawsuit April 13, 2022 A group of traders dubbed ‘the Essex boys’, who made more than £400m profit in a day of frenzied oil trading in 2020, exposed themselves to a US lawsuit due to a Whatsapp exchange, it has been revealed.
London lender Capital on Tap gets $200m backing for US push April 13, 2022 Small business lender Capital on Tap has bagged a $200m funding facility from HSBC and Värde Partners as it eyes a US growth spurt.
BlackRock profits soar as funds notch $114bn inflows April 13, 2022 Asset management giant BlackRock sailed past profit estimates today after investors poured cash into its index and active traded funds in the first three months of the year.
Plus500 rolls out $50m buyback programme after bumper results April 13, 2022 Fintech trading firm Plus500 has unveiled a $50m share buyback today after reporting bumper revenues for the first quarter of the year yesterday.
