Crypto AM Valentine’s Keynote, Panel & Networking Soirée February 3, 2022 As our social lives begin returning to normal, Crypto A.M. invites you to our first networking event of the year on Thursday 17 February. We’ll be throwing open the doors of The Lowback at Hawksmoor Wood Wharf for the Valentine’s Keynote, Networking & Soiree at 5.30pm Joining us will be a host of excellent keynote [...]
Ministry of Justice to move 2,000 jobs out of London by 2030 February 2, 2022 The Ministry of Justice (MoJ) is set to move 2,000 jobs out of London by 2030, by setting up seven new regional offices. The plan to open seven new offices in Leeds, Liverpool, Nottingham, South Tyneside, Cardiff, Ipswich and Brighton, comes as part of government plans to “level up” the country and tackle regional inequality. [...]
16 years of returns: History’s lesson for investors February 2, 2022 This graphic shows the best and worst performing assets each year since 2006, and shows the powerful benefits of diversifying your investments. The temptation among investors is to stick with what you know. That is no bad thing. It is a strategy championed by successful investment pioneers such as Warren Buffett, a famous devotee of [...]
Exclusive: Barclays warns business owners’ mental health is in decline after getting into debt February 2, 2022 Barclays is launching 600 new so-called ‘business health masterclasses’ as the bank noticed that the mental health of thousands of business owners across the UK has taken a hit since they the have taken on debt, the bank’s head of business banking told City A.M. this morning. Hannah Bernard said that her team had found [...]
Global ESG ranking of the world’s biggest banks: Which financial giants have the best credentials? February 1, 2022 Banks are increasingly vying to establish their ESG credentials in a very competitive marketplace, in the wake of last year’s COP26 climate talks and as they look to differentiate in the year ahead. For the first time, a full list of banks’ credentials has been compiled, carried out by East & Partners. The report found that BNP [...]
British stocks primed to reverse years of underperformance January 31, 2022 UK stocks are primed to turnaround years of underperformance and embark on a “winning streak,” according to analysis by a top City consultancy. London markets are ready to capitalise on the world’s top central banks launching a rate hike spree this year to get on top of inflation, according to Pantheon Macroeconomics. The FTSE 100 [...]
London markets mixed as banks soar on looming rate hikes January 27, 2022 London markets were a mixed bag today despite banks surging on the prospect of the global economy lurching into a period of higher interest rates. The capital’s premier FTSE 100 index closed 1.13 per cent higher at 7,554.31 points, while the domestically-focused FTSE 250, which is more aligned to the health of the UK economy, [...]
Starling Bank and Barclays in the race to carve up Kensington January 27, 2022 Digital challenger bank Starling and Barclays are among the names looking to snap up a piece of mortgage lender Kensington after its private equity owners put the firm up for sale last year, according to reports. Starling is reportedly up against Barclays and another high street lender to buy Kensington’s lending platform, while american investment [...]
Cinch and Cazoo zoom into top tier of sports sponsors January 27, 2022 Online car marketplaces Cinch and Cazoo, takeaway service Just Eat and social media platform Tik Tok were the biggest entrants to sports sponsorship in the UK last year, according to a new report. The four brands were the only new entrants in consultancy Onside’s Top 10 Most Appealing UK Sports Sponsors, which is published today. [...]
Former Barclays boss Staley pressed JPMorgan to keep Epstein as client January 26, 2022 Former Barclays boss Jes Staley pushed his ex-employer JPMorgan to retain Jeffrey Epstein as a client even though the disgraced financier had been convicted of prostitute offences. Staley pressed the Wall Street giant to keep Epstein before the bank parted with him as a customer in 2013, according to two people close to the situation. [...]