Women’s football was once banned but now it is a beacon of possibility December 5, 2021 Though 40,000 plus fans will celebrate Women’s sport at today’s FA Cup final between Arsenal and Chelsea, there’s a darker occasion being marked at the weekend – the 100-year anniversary of women’s football being banned in England. “Essentially, the Football Association (FA) said that the game of football was ‘quite unsuitable for women’,” said Charlotte [...]
Telecom Italia is ‘close’ to picking advisers for £28bn KKR deal December 4, 2021 Telecom Italia is close to picking banks to advise it on a buyout offer approach from U.S. private equity group KKR and could even assign mandates this weekend, two sources said this morning.
Global banking bigwigs slapped with millions in fines for FX rigging December 2, 2021 Some of the world’s largest banks were today slapped with millions of pounds in fines for their role in rigging foreign exchange markets. HSBC, Barclays, Credit Suisse and NatWest were each reprimanded by the European Commission for having employees on their books that created a cartel that spiked currency markets. HSBC was hit with the [...]
New ‘purpose-built’ $1bn UK clearing bank launches in London November 30, 2021 London gets its second new clearing bank in 250 years today, as The Bank of London launches in the city to approve and process cross-border payments. Founded by Anthony Watson, a former chief information officer at both Nike and Barclays, The Bank of London is taking on the four banking giants HSBC, Lloyds Banking Group, [...]
Deliveroo to name Goldman as broker despite disastrous IPO debut November 28, 2021 Goldman Sachs and Barclays are close to being picked as Deliveroo’s joint brokers, Sky News reported today. A source close to Deliveroo said the London-listed food delivery app will finalise the appointments of the two US investment bank behemoths as joint corporate brokers – a key role for investment banks as they seek to advise [...]
Emails between Staley and Epstein are an ‘uncomfortable’ read, warns Barclays chief November 28, 2021 The chairman of British lender Barclays has told shareholders to brace for reading emails between the bank’s former boss Jes Staley and convicted sex offender Jeffrey Epstein. Nigel Higgins has reportedly told investors that emails between Staley and Epstein make for an “uncomfortable” read. The Mail on Sunday first reported the story. Staley unexpectedly quit [...]
Weekend Read: The narrow but treacherous crossing that continues to claim lives November 27, 2021 On a clear day the White Cliffs of Dover can be glimpsed from the sandy beaches of Calais, just 21 miles away across the dangerous waters of the English Channel. It is here where tens of thousands of people from all over the world have risked death to cross over to the UK aboard dinghies, [...]
City Moves: Who’s switching jobs in the Square Mile today? November 26, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. CO—RE London commercial development firm CO-RE has posted a new chief executive to the helm, succeeding founding director David Ainsworth. Stepping into the new role after joining the company in 2018, Bradley Baker is set to oversee [...]
City Moves: Who’s switching jobs in the Square Mile today? November 23, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Validus Validus Risk Management (Validus) has appointed an asset management veteran to its London-based chief operational officer position, while it also appoints a new principal in New York. Jarv Ashford joins the financial risk advisory firm from [...]
Mauricio Preciado-Awad CA: Making a big impact with small change November 22, 2021 This article first appeared in ICAS’ CA magazine. UK social investment has grown sixfold in a decade, thanks in part to Big Society Capital using money from dormant bank accounts. Investment Director Mauricio Preciado-Awad CA tells Kitty Finstad about the big impact of small change If you were living in the UK around the time of [...]