Credit Suisse moves forward with six-figure junior banker salaries August 27, 2021 Credit Suisse has hiked salaries for first year analysts to $100,000 following other big banks increasing pay for juniors. The Wall Street bank has become the last major investment bank to offer six-figure entry level salaries to bankers. Analysts within Credit Suisse’s investment banking and capital markets unit were reportedly told the bank would pay [...]
Digital Rupee: Trial confirmed as worldwide interest in digital currency grows August 27, 2021 The Reserve Bank of India has announced the start of trials for an electronic rupee amid growing international interest in digital currency. Yesterday, central bank governor Shaktikanta Das confirmed that trials could begin as early as December. “I think by the end of the year, we should be able to – we would be in [...]
Barclays targets $3.8bn Gap-branded US credit card portfolio August 27, 2021 Barclays’ US division will buy a $3.8bn credit card portfolio in a co-branding deal with retailer Gap, in a bid to up its market share in the US. Four months after initially reaching an agreement with the clothing giant to partner and create co-branded credit cards for Gap customers, the bank has announced it will [...]
Afghanistan crisis: Deadly attacks at Kabul airport carried out by ISIS-K, according to US August 27, 2021 Two deadly explosions thought to have been carried out by the Islamic State terrorist group took place at Kabul airport on Thursday. One attack happened near the Baron Hotel, the site where the UK has been processing its evacuees, the Pentagon press secretary confirmed. Another blast happened at the Abbey Gate entrance of the airport, [...]
Virgin Money Giving to be shut down after London marathon August 27, 2021 Virgin Money Giving, a not-for-profit fundraising platform, will close at the end of November, shortly following the London marathon, which it will no longer sponsor after this year. The bank said 26 jobs would be lost as a result of the closure which was decided after a strategic review of Virgin Money Giving was conducted. [...]
Momentum is a powerful force August 27, 2021 The latest Bitcoin information and cryptocurrency movements brought to you by Crypto AM Daily...
Mayor ‘ready’ to work with Westminster Council to maintain al fresco ‘lifeline’ for hospitality businesses August 27, 2021 Sadiq Khan has said he is “ready” to work with Westminster Council and local residents to maintain traffic-free roads in Soho. Cars have been barred from much of the capital’s oldest entertainment hub since the end of the first Covid-19 lockdown, with bars and restaurants setting up on the pedestrianised streets. But Westminster City Council [...]
‘Full-blown recycling crisis’ looms over UK, DS Smith boss warns August 27, 2021 A “full-blown recycling crisis” is looming in the UK, the boss of London-listed packaging firm DS Smith has warned. With the UK trying to up its environmental commitments ahead of the UN’s flagship climate conference COP26 in November, DS Smith chief executive Miles Roberts has said the country is “throwing away” opportunities that could help [...]
EP: 84 Goodwood & Beverley August 27, 2021 Goodwood stages a stellar day’s racing on Saturday with the Group 2 Celebration Mile, plus two exciting Group 3 contests to look forward to Trainer Dave Loughnane saddles Hello You in the Prestige Stakes there, and he joins us to discuss her chances of victory at the beautiful West Sussex track City A.M. racing editor [...]
Norway poised for historic first female as its central bank chief August 27, 2021 Norway may appoint a female as its central bank chief for the first time ever, after governor Oystein Olsen announced on Thursday that he will step down in February 2022. Deputy governor Ida Wolden Bache is in a prime position to succeed Olsen in running monetary policy in the wealthiest Nordic economy, Nordea bank economist [...]
