Global outages cripple Facebook, Whatsapp and Instagram March 13, 2019 Several of Facebook’s most popular social media platforms are suffering partial outages around the world, largely affecting users across the Americas and Europe. Service continues to be disrupted on Facebook’s main app, Messsenger, Instagram and Whatsapp. Users began reporting issues at around 4pm GMT, with full access to the platforms still ongoing. Third-party outage tracker Down Detector said [...]
City Moves for 13 March 2019 – Who’s switching jobs at CMC Markets, TP ICAP and Newgate Communications? March 12, 2019 Today's City Moves include CMC Markets, TP ICAP and Newgate Communications. CMC Markets CMC Markets has announced the appointment of Ahmed Soliman as senior relationship manager. Growing the company’s Dubai presence and working with the global institutional team located in London, Ahmed will be responsible both for new sales and ongoing relationship management in the [...]
City Moves for 12 March 2019 – Who’s switching jobs at Mewburn Ellis, Notonthehighstreet and Legal & General Investment Management? March 12, 2019 Today's City Moves includes Mewburn Ellis, Notonthehighstreet and Legal and General Investment Management. Mewburn Ellis Mewburn Ellis has bolstered its European trade mark practice with the high profile hire of partner Kate O’Rourke, senior counsel at Charles Russell Speechlys. A trade mark attorney and solicitor with more than 25 years’ experience, O’Rourke will lead the firm’s [...]
Women should not have to change the City alone March 12, 2019 Last Friday we celebrated International Women’s Day, which provides a terrific opportunity to reflect on how far we’ve come towards an equal and fair society, but also how far we have to go. I appreciate that some may disregard an Oxbridge-educated, white, male Conservative politician talking about gender equality. But it is beholden on all [...]
Revolut fights back: Nik Storonsky on negative press, growing pains and what’s next March 11, 2019 Revolut has endured a torrid start to 2019. Drawing the City watchdog’s attention after causing concerns by temporarily shutting down its sanctions screening system last year, the fintech starlet was revealed to have lost its finance chief, and drew further negative publicity when a customer complained of a bungled £70,000 payment. Its woes were compounded [...]
Editor’s Notes: The River Thames is the key to London’s past – and its future March 8, 2019 The 19th century socialist MP for Battersea, John Burns, described the Thames as “liquid history”. Today, even a short cruise from Tower Pier to Westminster offers a glimpse of the capital’s rich past – from a Saxon landing bay by Southwark Bridge to the original access point for the Old London Bridge which, by the [...]
City Moves for 8 March 2019 – Who’s switching jobs at McCarthy Denning, Fox Williams and MSCI? March 8, 2019 Today's City Moves include McCarthy Denning, Fox Williams and MSCI. McCarthy Denning McCarthy Denning is pleased to announce that Sheikh Bilal Khan has joined the firm as a partner and global head of Islamic finance. Sheikh Bilal Khan is dual-qualified in English and Shariah Law, and has won numerous accolades for his work. He belongs [...]
Snap to be hauled in front of MPs for grilling over Breck Bednar murder taunt March 7, 2019 A parliamentary committee has said the parent firm of Snapchat will face questions regarding the reported use of the app by a killer to taunt the family of a child he murdered. The Digital, Culture, Media and Sport Select Committee today invited Snapchat to provide evidence as part of its inquiry into immersive and addictive [...]
City Moves for 7 March 2019 – Who’s switching jobs at Oliver Wyman, Croud and Fieldfisher? March 7, 2019 Today's City Moves include Oliver Wyman, Croud and Fieldfisher. Oliver Wyman David Gillespie has today been appointed head of UK and Ireland at global management consultancy Oliver Wyman. In his new role, reporting to Davide Taliente, head of EMEA, Gillespie will lead the firm’s UK businesses while continuing to head up its established UK banking [...]
British identity startup Onfido quietly closes £4m funding from Augmentum Fintech March 6, 2019 Digital identity startup Onfido has quietly closed a £4m investment from Augmentum Fintech, City A.M. has learned. Documents published by the London-listed fund yesterday revealed the tie-up, which appears to be a one-off injection made last month ahead of an upcoming funding round for the company. Onfido, which makes technology used to verify customer identities [...]