Beware fintech’s pivot to China April 12, 2016 Ever since former Barclays chief executive Antony Jenkins declared an ”Uber moment” for banks, the powers that be from the Square Mile to Canary Wharf have rushed to defend themselves against a herd of ambitious fintech unicorns. But if recent collaborations between financial titans and spritely startups are anything to go by, it appears the [...]
The definitive ranking of the cities where bankers are paid the most (spoiler: London isn’t at the top) April 11, 2016 Looking for a payrise? You could do much worse than moving to New York, according to new findings, which showed bankers in the big apple earn almost as much from their salary alone as those in London do from their salary and bonus combined. Salary benchmarking site Emolument.com compared the salaries of bankers at analyst and [...]
Here’s what the Galaxy S7 has done for Samsung’s profits April 7, 2016 Samsung's flagship Galaxy S7 smartphone is already paying off. The South Korean firm expects a 10 per cent rise in sales for the first three months to March of 6.6 trillion won (£3.9bn), ahead of analyst estimates of around 5.5 trillion won. Revenues meanwhile were up four per cent to 49 trillion won for the same period [...]
Huawei has thrown itself full tilt into the global consumer phone market with its P9 and P9 Plus, featuring Leica lenses April 6, 2016 Chinese telecoms group Huawei has unveiled its latest handset, meant be its flagship device in a push into the European market currently dominated by Samsung and Apple. Huawei has has teamed up with German camera maker Leica for its new P9 model that uses duel lenses, a feature though to be included in Apple's upcoming iPhone 7. [...]
Digital challenger bank Atom is open for business and the Neil Woodford-backed bank uses innovative face and voice recognition technology April 6, 2016 A digital challenger bank which uses face and voice recognition instead of passwords and is trying to give the big four banks a run for their money is now open for business. Atom Bank, which is backed by top investors including Neil Woodford, has launched today on Apple iOS for pre-registered users. It believes being digital first and innovative [...]
Fintech helps London to keep global finance title – but concerns about Brexit, housing and airport capacity must be addressed April 6, 2016 London has retained its title as the financial centre of the world, according to a global study published today –but second-placed New York is keeping up the pressure. The City wrested the Global Financial Centres Index title back from the big apple in September last year after receiving a boost from the Conservative party’s General Election victory. This time round, the capital’s booming financial technology [...]
Restaurant review of Jason Atherton’s Sosharu and Soho’s Oliver Maki, London’s newest Japanese upstarts April 5, 2016 Oliver Maki 33 Dean St, W1D 4PWS | Tel: 020 7734 0408 Food ★★★☆☆ Value ★★★☆☆ Atmostphere ★★☆☆☆ Cost for two with beer and cocktails: £170 There’s no easy way to make a million in the restaurant business. It’s a Sisyphean struggle, an endless, mostly thankless, battle against astonishing odds. Every year is the year it could all come [...]
Barclays customers can now use Apple Pay… finally April 5, 2016 It's been a long old wait, but Barclays has finally jumped on board the Apple Pay bandwagon. Barclays is the last of the major banks to support Apple Pay in the UK, letting customers pay with just the swipe of their iPhone or Apple Watch. “Since we introduced contactless to the UK in 2007, it’s [...]
President Barack Obama raises threat of nuclear terrorism April 2, 2016 Terrorist groups obtaining nuclear weapons is one of the greatest threats to global security at current, President Barack Obama has warned. Speaking at his final nuclear security summit, Obama warned of "madmen" that could inflict damage on hundreds of thousands of innocent people using plutonium the size of an apple. "The danger of a terrorist [...]
Artist focus: John Kørner’s land of milk and honey April 1, 2016 John Kørner is one of Denmark’s most recognisable contemporary artists, his semi-abstract works probing the ills of 21st century society, from poverty to sex work. Although he’s an accomplished sculptor, he’s best known for his vivid, ethereal, often wryly funny paintings: a man rifling through a skip in After Christmas; an old woman barfing against [...]