How the financial services sector in Latin America is tackling gender imbalance February 9, 2022 DiverCity® Podcast · Financial and female inclusion in Latin America Financial inclusion is increasingly being seen as a valuable tool to promote social progression and economic prosperity. Latin America has a female-led workforce yet female representation in corporate boardrooms is low. But that contrast is creating a precedent for change, with banks, individuals and social [...]
The City View with Susannah Streeter and Michael Hewson February 8, 2022 Andy is joined by CMC Markets’ Michael Hewson and Hargreaves Lansdown’s Susannah Streeter to discuss the latest economic developments
Softbank readies to take Arm public as pressure builds for a London listing February 8, 2022 Japanese conglomerate Softbank is gearing up to take British chip manufacturer public after its blockbuster $40bn takeover by American rival Nvidia collapsed.
BP brushes off calls for windfall tax amid deepening energy crisis February 8, 2022 BP chief executive Bernard Looney has rejected growing calls from the Labour Party for a windfall tax on North Sea fossil fuel operators.
Peloton ousts boss and slashes 2,800 jobs in sweeping cost-cutting plans February 8, 2022 Home fitness firm Peloton will oust its chief executive and slash thousands of jobs as part of sweeping cost-cutting plans amid falling demand for its fitness products. In a trading update today, boss and co-founder John Foley said he will step down as CEO and become the executive chair, while Barry McCarthy, the former chief [...]
KPMG Canada adds Bitcoin and Ethereum to balance sheet February 8, 2022 KPMG's Canadian arm has added Bitcoin and Ethereum to its corporate treasury, marking the accounting giant's first direct investment in crypto.
Female-focused investment programme launches to help close gender funding gap February 8, 2022 A new female-focused fundraising programme has launched today to aim to close the UK's gender funding gap and work with female founders to navigate unconscious bias in venture capital (VC) investing.
The Elizabeth Line in pictures: Our first look at Crossrail February 8, 2022 It’s almost here. Almost fifteen years after being granted approval by government, the Elizabeth Line is set to open in just months. City A.M. Editor Andy Silvester went underground to see the line’s progress – trusty iPhone camera in tow. I THINK people are going to be impressed” are TfL Commissioner Andy Byford’s last words [...]
Shunting civil servants around the UK will never deliver what enterprise can February 8, 2022 You campaign in poetry. You govern in prose. Advice from the past that seems pertinent to a government committing levelling up into law. What was a slogan is now “12 national missions” published in a white paper last week, to provide a central mission for government to deliver economic parity to all regions of the [...]
Exclusive: ESG consultancy sector to swell to nearly £12bn in next five years, says industry insider February 7, 2022 Spending by companies on ESG and sustainability consulting is set to more than double over the next five years to a record £11.8bn, or $16bn, according to a new report that was exclusively shared with City A.M. today. The market will grow at a CAGR of 17 per cent, from around $6.24 billion at the end [...]