After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Andrew Bailey faces another tough year at Bank of England in 2021 December 22, 2020 Mark Carney must be thanking the gods he stepped down as Bank of England governor in early March. Since then, his successor Andrew Bailey has had to steer the historic institution through the worst economic downturn in 300 years, complete with a bout of market panic in the spring. Under Bailey’s leadership the Bank slashed [...]
Why knowledge sharing is key to DeFi’s long-term security December 21, 2020 Interoperability and collaboration are key issues in order for blockchain technology to be adopted as a trusted global platform in supporting peer to peer immutable business transactions and exchange of value. However, the recent surge in proposed and actual uses of the technology to enable decentralised finance, or ‘De-Fi’, has revealed vulnerabilities in some blockchain [...]
Bitcoin 2021 outlook and challenges in charts December 21, 2020 2020 has been crucial for Bitcoin, we see it as the year of legitimisation for the broader public and investors, accelerated by the COVID crisis and the consequent rapid escalation of QE. Our conversations with institutional clients have changed considerably over the course of 2020, what was typically a desire to speculatively invest has now [...]
Macro matters December 21, 2020 Out of control Macro matters are very much back in focus as the European nations have begun to impose travel bans on the UK after it reported a more-infectious and “out of control” coronavirus variant. The BBC reported that Ireland, Germany, France, Italy, the Netherlands and Belgium are all halting flights. The measures vary and [...]
Businesses’ capacity for altruism came of age during 2020 — but it mustn’t stop now December 21, 2020 Cast your minds back to March, when the world watched as markets tumbled further each day. As the sheer magnitude of the global crisis gradually became apparent, charities were picking up the phone to corporate and private donors, asking them to give urgently. I remember the conversations vividly with our long-term supporters from the business [...]
How activist investors will circle in on UK corporates in 2021 December 20, 2020 As companies plan for their post-pandemic future there are signs that they will have to contend with a new threat: activist investors. Activists have so far been biding their time. The usually vocal Edward Bramson paused his campaign against Barclays boss Jes Staley at the start of the year. Bramson has repeatedly called for the [...]
It wasn’t all bad: 2020 hindsight reveals some good things, too December 19, 2020 Once upon a time, it was popular in the corporate world to have a “2020 Vision”. It was a snappy title for glossy brochures laying out long-term strategies. It suggested clarity, foresight and forward thinking. Sodexo, Siemens, the NHS, the Grand Union Housing Group and the University of Chester all published their own “2020 Vision”. [...]
Facebook UK notched up £1.1bn in sales last year December 18, 2020 Facebook UK reported a staggering £1.1bn in sales last year and boasted of further growth as it increased its headcount. Revenues rose 28 per cent in 2019 from £797m to £1.1bn, of which the vast majority came from sales support, marketing services and engineering support services. The social media platform also said its advertiser reseller [...]
City Corporation clamps down on illegal street traders, gamblers and pickpockets December 18, 2020 The City of London Corporation will crack down further on illegal street traders, gamblers and pickpockets operating on five London bridges.
Relentless December 18, 2020 No stopping us now The relentless surge higher continued and at one point, Bitcoin was trading just $200 away from $24,000 level. Astounding, considering that it only broke through the $20,000 the day before. The open interest (OI) continued to tick higher and the CME reclaimed second spot on the leader board, with OKEx leading [...]