By: Clara Guibourg

Clara Guibourg is an Online Writer at City A.M. She can be contacted at clara.guibourg@cityam.com. She is particularly passionate about women in business, technology and telecoms.

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Reports: Deutsche Bank cutting 23,000 jobs

September 15, 2015

Deutsche Bank is laying off a quarter of its workforce, according to news agency Reuters. Some 23,000 jobs are affected, mostly in the bank’s technology and back office operations and through selling its PostBank unit, sources have said. The layoffs come just three months after new chief executive John Cryan took over the helm of [...]
EC1V is the UK’s hottest tech post code: Silicon Roundabout houses eight times more tech firms than nearest rival Silicon Canal

September 14, 2015

Silicon Roundabout’s EC1V is the UK’s hottest tech post code, as a survey of where tech companies are based reveals just how much the capital’s biggest tech hub outstrips its rivals around the country. Being home to Silicon Roundabout, it’s no surprise that the East London post code is number one when it comes to [...]
Twitter for the Web down for 45 minutes: “Something is technically wrong”

September 14, 2015

Twitter for the Web went down 7.25pm, making it impossible to access the social media platform’s website for about 45 minutes, until the site came back up at 8.10pm. When trying to access twitter.com users were instead greeted by the error message: “Something is technically wrong.” Thanks for noticing – we’re going to fix it [...]
HSBC latest to withdraw as nomad on Alternative Investment Market

September 14, 2015

HSBC is the latest bank to leave Aim, the London stock exchange’s market for smaller growing companies. The bank has withdrawn its status as a nominated adviser (nomad), making it the latest major banking adviser to be leaving the Alternative Investment Market. HSBC hasn't had any clients on the market for over a year, and [...]
Santander UK doubles fees for 123 current account holders, blaming low interest rates and tough banking regulations

September 14, 2015

Santander UK is more than doubling its fees on 123 current accounts, raising the yearly rate to £60. Three million customers are affected by the fee hike, which the Spanish banking giant is blaming on changes in banking regulations and low interest rates. Monthly fees will be raised to £5, more than twice today’s rate [...]
UK cyber security jobs on rise after several high-profile data breaches and hacks

September 13, 2015

Cyber security jobs are on the rise, in the wake of a stream of recent high-profile data breaches and hacks. Some 14 per cent of all new IT jobs are in the cyber security sector, showing that protection against cybercrime is becoming an increasing priority for companies. Out of the 10,210 current IT vacancies in [...]
EU refugee crisis: Germany reinstates border controls and exits Schengen agreement as refugee system “reaches its limit”

September 13, 2015

Germany has reinstated border controls with Austria and temporarily exited the Schengen system, overwhelmed by the number of refugees arriving to the country daily, as EU leaders gear up for an emergency summit about the biggest refugee crisis since World War II.. These emergency measures are designed to take some pressure off Germany's overheated asylum [...]
Republican party presidential candidate Donald Trump lashes out against “disgraceful” pay checks for executives

September 13, 2015

Republican presidential candidate and business mogul Donald Trump has struck out against the high salaries that companies pay their chief executives. The Republican frontrunner called growing pay checks a “total and complete joke” in an interview with CBS, suggesting that corporate boards full of the executive’s friends were to blame for this: I know companies [...]
US rate hike? Wall Street analysts divided over Federal Reserve’s upcoming interest rate decision

September 13, 2015

As the Federal Reserve’s pivotal decision on US interest rates looms closers, Wall Street analysts remain divided on the likely outcome. To hike or not to hike? The Fed’s big decision is coming up quick, with the interest rate-setting meeting just days away, and a Bloomberg survey of analysts showed that half are expecting a [...]
Greek snap election: Conservative New Democracy could be surprise winner as opinion polls show support for Syriza falling

September 13, 2015

Greece’s upcoming election could be a surprisingly uncomfortable affair for ruling Syriza, as several opinion polls suggest conservative New Democracy could be the wild card winner. Could pro-European Vangelis Meimarakis become the next Greek prime minister? As the snap election draws nearer, the centre-right party New Democracy is emerging as a real headache for left-wing [...]

This is why Nvidia’s results failed to woo investors

Emirates boss on Arsenal stadium, leaving F1 and NBA Europe

London is the best food city in the world – here are 3 reasons why

By: Clara Guibourg

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