After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
TalkTalk cyber attack: What to do if you’re a customer and you’re worried about personal data being hacked October 23, 2015 TalkTalk has been hit by a massive cyber attack that could affect as many as four million customers. The investigation into the hack, in which personal data such as names, dates of birth and credit card numbers may have been stolen, is still ongoing – by the company itself, police and the data regulator. But what can worried customers do while [...]
City Moves for 23 October 2015 | Who’s switching jobs October 22, 2015 SQUIRE PATTON BOGGS The law firm has appointed Dale Huxford as of counsel in its corporate practice in London. He joins from BroadTech Global. Huxford was also formerly a member of the emerging companies group at Orrick in London, where he provided legal services to early and growthstage technology companies. STRAWBERRY STAR The property company [...]
City Moves for 19 October 2015 | Who’s switching jobs October 18, 2015 BNP PARIBAS Wike Groenenberg has been appointed global head of emerging markets strategy at BNP Paribas Corporate and Institutional Banking. She was previously head of strategy for BlueBay Asset Management’s emerging markets macro fund. Groenenberg has also headed emerging market strategy at Citigroup in London, managing a team of strategists in Europe, South Africa and [...]
City Moves for 14 October 2015 | Who’s switching jobs October 13, 2015 EDMOND DE ROTHSCHILD ASSET MANAGEMENT Agnès Belaisch has been appointed head of the sovereign debt team at the asset management firm. Based in the UK, she was previously in charge of economic and market analysis at the European Stability Mechanism, and has held roles at the IMF. ANV HOLDINGS The insurance group has appointed Janet [...]
City Moves for 6 October 2015 | Who’s switching jobs October 5, 2015 ETF SECURITIES The provider of exchange traded products has appointed James Butterfill as head of research & investment strategy. Based in London, he will report direct to Mark Weeks, the firm’s chief executive officer. Prior to joining ETF Securities, Butterfill worked at HSBC, and most recently at Coutts, as a multi-asset fund manager and global [...]
Breaking the Bank: What will rising UK interest rates mean for P2P lending? October 5, 2015 The Bank of England will soon need to rediscover the use of its trigger finger and fire the starting gun on interest rate rises. Still expected to be slow and steady, tightening policy after nearly seven years of ultra cheap money will nevertheless have a sizeable impact on everything and everyone, pushing up borrowing costs [...]
After a turbulent two days for Glencore, could its troubles trigger a Lehman moment for miners? September 29, 2015 David Madden, market commentator at IG Group, says Yes It is getting increasingly difficult for Glencore to avoid comparisons with Lehman Brothers. Both companies expanded aggressively in the good times and, like the collapsed bank, Glencore now finds itself in an environment where its empire-building has left it highly vulnerable. Like Lehman prior to its [...]
Glencore share price ends sharply lower in race against time amid global commodities price rout September 28, 2015 After more than £2bn was wiped off Glencore today the company faces a race against time "As fears grew about the company's ability to withstand the prolonged rout in global metal prices." Shares in Glencore ended the day at a new record low, down 29.4 per cent to 68.62p per share in London. Other miners [...]
Weak metal and oil prices drag the FTSE down – London Report September 23, 2015 WEAKER oil and metals prices weighed on commodity stocks, while motor insurer and repair group AA slumped after posting lower earnings, driving shares into retreat yesterday. The blue-chip FTSE 100 index was down 2.8 per cent at 5,935.84 points at its close, slightly outperforming European indexes. AA, part of the FTSE 250 mid-cap index, fell [...]
FTSE 100 slides below 6,000 mark as Glencore, Antofagasta and Anglo American share price falls September 22, 2015 Britain's blue-chip index slid below the 6,000 mark this afternoon, the first time since August, as a rout in commodity prices weighed on miners. The FTSE 100 closed down 2.8 per cent to 5,940.72, as copper prices which struck a two-week low and Credit Suisse downgraded the sector. "Until China demand and emerging market currencies find [...]