Crypto and blockchain: Who among our politicians is really on board with crypto? April 5, 2023 Greengage CEO Sean Kiernan highlights some in-house research analysing which government ministers are championing crypto.
Transform your business April 5, 2023 Rice Search Partners is a global financial services executive search boutique with more than 25 years of experience. It has delivered searches for senior executives in 66 cities around the world, specialising in front office investments, trading, compliance, risk, legal, data, technology, and operations. Rice Search Partners’ executive search values are deep areas of specialisation, a global mindset and [...]
Sketch: Nutty shareholders provide comical end to Credit Suisse’s scandal-ridden history April 4, 2023 Credit Suisse’s final AGM was a suitably bizarre event for a firm that has become the byword for corporate scandal in recent years. As many disgruntled shareholders said, the bank’s collapse has been long in the making with a reliable string of wrongdoing slowly eroding trust in the 167-year old institution. Fortunately, a slightly less [...]
Gwyneth Paltrow: What her ‘courtcore’ appearance says about dressing for your trial April 4, 2023 I’m going to bet that most of you have never followed a trial at Utah’s 3rd District Court in Park City before. You had probably never even heard of Kent R. Holmberg, a 65-year-old judge appointed to the bench six years ago. But last week Judge Holmberg’s courtroom was the setting for a civil suit [...]
Nigel Lawson and the City: If you seek his monument, look around April 4, 2023 The modern City of London simply would not exist without the reforms driven through by the late Nigel Lawson
CSRD. A new EU ESG regulation that will impact AIM listed companies April 3, 2023 In November 2022 the reporting standards under the upcoming EU Corporate Sustainability Reporting Directive (CSDR) were approved. Compliance comes into force from 2024 and will replace the EU’s Non-Financial Reporting Directive (NFRD). As non-EU and smaller firms come into scope 49,000 companies will be impacted, a 4-fold increase from the 12,000 firms impacted by NFRD today. [...]
Numis revenue to fall 14 per cent as it maintains a gloomy outlook for 2023 April 3, 2023 City broker Numis said today that its revenue has taken another hit from weak capital markets as it warned that things are unlikely to improve this year. In a trading update, Numis said revenue in the first half of the 2023 financial year is expected to be about £64m, around 14 per cent lower than [...]
The must-have accessory for global finance chief execs? A first class flight to Beijing April 3, 2023 A flurry of top financial executives have visited China for the first time since the COVID-19 pandemic as global financial giants seek to cement their relations with Beijing at the start of President Xi Jinping’s new term. Goldman Sachs CEO David Solomon, HSBC CEO Noel Quinn and Standard Chartered boss Bill Winters are among the [...]
UK economy on tightrope between recession and growth as exports slip but inflationary pressure eases in March April 3, 2023 Manufacturing fell in March, although fears the UK economy is entering a recession may be premature as inflation eased and average supplier lead times improved. The seasonally adjusted S&P Global /CIPS UK Manufacturing Purchasing Managers’ Index fell to 47.9 in March, down from February’s seven-month high of 49.3 and an earlier flash estimate of 48.0. [...]
No firms charged with ‘failure to prevent’ tax evasion in 6 years – here’s why April 3, 2023 The UK taxman has not charged any British firm with the ‘failure to prevent tax evasion’ offence since it was introduced six years ago, HMRC has confirmed. Under the offence, introduced in 2017, a British company can be criminally prosecuted if it was found to have not put adequate checks and systems to prevent its [...]