Champions League: Blues beaten as Mourinho cites squad’s immaturity September 18, 2013 CHELSEA 1 FC BASEL 2 CHELSEA manager Jose Mourinho blamed mental weakness for his team’s indifferent start to the season, which continued with a shock home defeat to Basel in the Champions League last night. Playmaker Oscar gave the Blues the lead on the stroke of half-time, but second-half goals from Mohamed Salah and Marco [...]
The man teaching the traders how to trade April 19, 2013 Yogesh Chandarana talks with hedge fund manager and trading guru Lex van Dam about competing with computer algorithms, and what to expect from CityA.M.’s 2013 Active Trader Conference How has the trading world changed since you spoke at last year’s City A.M. Active Trader Conference? Last year, the theme was risk-on risk-off. Now markets seem [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 8, 2012 FINANCIAL TIMES BROKERS SUSPENDED IN LIBOR INQUIRY More than a dozen traders and brokers in London and Asia have been fired, suspended or put on leave by their employers as a multinational probe into alleged manipulation of crucial global lending rates accelerates. Regulators have been investigating US and European banks that help set interbank lending [...]
RAPID RESPONSES November 16, 2011 Ponzi pottiness The German government criticising the UK for not doing enough for the Eurozone really brings to mind a Ponzi scheme. Assume I don’t join a Ponzi scheme because I think it’s a Ponzi scheme but my colleague does in spite of my warnings. When the scheme goes wrong, if my colleague criticised me [...]
The zombie menace of anti-capitalist thought November 3, 2011 WHEN the Occupy protest movement began, how twenty-first century it seemed: leaderless, emergent and driven by a fury at unprecedented cronyism between high finance and high politics. But how quickly it has decayed, in its London incarnation at least, into reheated anti-capitalist slogans with nothing original to say. Commerce is ancient, and so is the [...]
Staying afloat in zero gravity is the way to beat City stress March 9, 2010 MY abiding image of floatation therapy has always been Absolutely Fabulous’s Edina Monsoon thrashing about ridiculously in a tank in her bedroom. I think she ended up keeping a dolphin in it. Back then, the idea of relaxing by lying in a puddle of water inside what looked like a giant plastic egg seemed just [...]