Cryptocurrency can help take us across the tipping point of a new era March 22, 2021 Columnist Stefania Barbaglio talks us through her journey into cryptocurrency and how the bumps in the road have helped shape the future.
Crypto markets dancing in step as weekend breakout again hits rails March 22, 2021 Cryptocurrency markets suffered a weekend of false starts as attempted Bitcoin breakout hits the rails.
Barclays expands private bank to France and Italy in bid to grow EU business March 22, 2021 Barclays has expanded its private banking division to France and Italy as it looks to grow its European wealth business in the wake of Brexit. The bank said on Monday that it had appointed Bernard Corneau and Carlo Baronio as heads of private bank coverage in France and Italy respectively. The duo will be supported [...]
Incoming stockbroker CEO: ‘The UK still looks cheap to me’ March 22, 2021 It is an exciting time to be a stockbroker, according to Cenkos Securities incoming CEO Julian Morse, who reckons UK markets are cheap and investors have no other option than to invest in equities. AIM-listed Cenkos performed well last year. The institutional stockbroking firm secured an underlying profit of £4m and revenue of £31.9m – [...]
Covid-19, a year on: The Corporation and the State March 22, 2021 In this series, City A.M. looks back at the last year of the pandemic and Covid restrictions and takes stock of its impact on industries and issues at the heart of British society. Read more: Read the full Covid-19, a year on series here. The state and the market have long been locked in a cautious dance. [...]
Investors sue Hargreaves Lansdown over losses linked to Neil Woodford collapse March 22, 2021 Investors who lost money when Neil Woodford’s flagship fund collapsed are suing financial adviser Hargreaves Lansdown and corporate director Link in a bid to recoup their savings. The legal action, led by RGL Management, will centre around losses sustained directly as a result of the failure of the Woodford Equity Income Fund in 2019. It [...]
Is Sadiq Khan’s re-election as London Mayor inevitable? March 22, 2021 On Thursday 6 May, Londoners will go to the polls. Or, more likely, many won’t; turnout last time was 45 per cent to elect a new mayor, or else confirm the incumbent in office. This is the largest single exercise in democracy the UK has, excepting referendums, with an electorate of around five and a [...]
Listed law firm Knights buys 60-year-old Surrey firm March 22, 2021 UK law firm Knights will acquire Surrey-based Mundays for £5.3m in a move that will increase the group’s presence in the South East. Knights will pay £3.93m up front for the smaller law firm, followed by cash payments worth £1.375m to be paid over two years. Knights CEO David Beech said: “The acquisition of Mundays [...]
MPs to decide today if David Cameron’s lobbying for Greensill bailout will be probed March 22, 2021 MPs to decide if David Cameron's lobbying for Greensill bailout will be probed
International policymakers must have regulatory coherence to support economic growth March 22, 2021 The vaccination rollout campaigns in both the UK and across the world have allowed us to start dreaming of life after the pandemic. As the global economy begins to open back up again, we will start to see the green shoots of our recovery. One important way that the financial and professional services sector is [...]