Barclays faces top investor backlash over Staley exit package November 17, 2021 Barclays is facing a backlash from top shareholders over former chief Jes Staley’s exit package. Investors have voiced their distaste privately at the £2.4m in pay given to Staley after he quit his role as chief executive of the British bank to contest the findings of a probe into whether he inaccurately described his relationship [...]
City Moves: Who’s switching jobs in the Square Mile this week? November 17, 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. MCF Corporate Finance Corporate finance advisory firm MCF Corporate Finance has hired a mergers and acquisitions (M&A) veteran as a new partner. Joining the firm’s technology practice in London, Atul Monga brings 13 years’ worth of experience from across Big Four firm Deloitte [...]
Starling Bank CEO: Barclays ‘firmly in our sights’ as we’ll be bigger within five years November 15, 2021 Barclays is firmly on the radar of Starling Bank’s senior management, as the company said it is working to overtake the Canary Wharf-based banking giant in the business banking market within the next five years. The bold predictions come as the digital lending disruptor is getting ready for a stock market float. Starling’s founder and [...]
Staley and Epstein exchanged 1,200 emails that included mysterious phrases November 12, 2021 Former Barclays chief Jes Staley who left the bank to fight the findings of a probe into whether he lied about his relationship with Jeffrey Epstein exchanged 1,200 emails with the convicted sex offender. The content of the emails included seemingly codified phrases such as “snow white” which investigators were unable to decipher. The news [...]
Labour calls for Deloitte to be sacked from Test and Trace inquiry role November 12, 2021 The Labour party has called for audit giant Deloitte to be stripped of its contract to prepare NHS Test and Trace for a government inquiry into the handling of the pandemic, accusing it of a “blatant conflict of interest”. Since the onset of the pandemic, Deloitte has won contracts advising the NHS Test and Trace [...]
City Moves: Who’s switching jobs in the Square Mile today? November 11, 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. DF Capital Specialist lender DF Capital has hired a new head of change and continuous improvement, who will be responsible for leading the development of business innovations across the bank. Also ensuring organisational processes are most [...]
Barclays rings the c-suite changes after Staley exit November 9, 2021 British bank Barclays is ringing the changes in the c-suite after former chief Jes Staley decided to leave the lender to fight the findings of a probe into his characterisation of his relationship with convicted sex offender Jeffrey Epstein. The lender has appointed Paul Compton as its new head of investment banking, it announced today, [...]
Haydn Hammond – when bankers go crypto November 8, 2021 Crypto AM writer Jillian Godsil interviews banker-turned-crypto enthusiast Haydn Hammond.
Investors shake off latest outburst from embattled THG boss November 8, 2021 THG shares enjoyed a brief moment in the sun on Monday morning before slumping once again, at the market’s first trading opportunity since CEO Matthew Moulding spilled the beans on Friday about his regrets for the group’s IPO. Topping off what has been a tumultuous few weeks for the ecommerce group, Moulding revealed that he [...]
Barclays, Innocent and Ecotricty named in new ‘sport for good’ index November 8, 2021 Barclays and drink maker Innocent are among five British companies to be named on the inaugural Laureus Sport for Good Index, which will be announced today. Energy providers Octopus and Ecotricity and renewable running shoe brand Hylo Athletics are the other UK companies on the global list of brands that deliver social or ecological impact [...]