City of London calls for return to office plan November 24, 2020 The City of London Corporation has called for the government to set out a back-to-work plan to allow staff to get back to their offices as soon as possible. Responding to today’s new guidelines for the winter period, the Square Mile’s governing body said it was vital that businesses were given a “clear plan” in [...]
A New Chapter November 24, 2020 End of the Future As noted in the recent commentary the price action this week is expected to be impacted by the looming derivatives expiries, said otherwise range bound trade and any dips are expected to be bought up promptly. Still, despite the aforementioned expiries the curve structure remained rather steep and the open interest [...]
Crypto Market Cap breaks $500 Billion As Bitcoin’s Price Blasts Through $18,000 November 24, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) moved from around $16,000 to a new high for the year of $18,800. Over the week the price fluctuates close to $19,000 and BTC is at press time trading at around $18,700. Ether (ETH), the second-largest cryptocurrency by market capitalization, moved steadily up throughout the [...]
Are there “safe” returns in Defi? November 24, 2020 Keeping up with which project is or is not a scam, staking, governance and incentive hunting might not be your thing and perhaps you want something on the more ‘boring’ side of crypto? Is there such a thing? Where would you start to look for the ‘safest’ yield? Anything named after food or claiming ridiculous [...]
Ethereum 2 goes LIVE November 24, 2020 The 1st of December 2020 at 12pm UTC has been selected as the exact moment when the Ethereum 2 beacon chain can go live – but there are conditions to be met first. One of these is that there must be 16,384 validators, each putting up a stake of 32 ETH. That is a total [...]
What the Future holds November 23, 2020 Expiration this Friday Given the close proximity to an all time high, the temptation to look for higher levels is all too appealing. However, given the looming derivatives expiries at the end of this week on Friday may mean that some of the capital may look for opportunities elsewhere. At the time of writing the [...]
November 2020 a month full of takeaways November 23, 2020 It’s now over a week since Joe Biden was declared the winner of the US 2020 elections. The uncertainty leading up to 3rd November was palpable and pervasive and placed a ceiling on significant capital gains. However, the week of the election was superb for risk markets, even as votes were counted. The S&P 500 [...]
Petropavlovsk appoints KPMG as independent forensic investigator November 23, 2020 Russian gold mining company Petropavlovsk has appointed KPMG to undertake a forensic investigation into certain business deals made in the last three years. The investigation will examine deals between Petropavlovsk and its subsidiaries, and fellow mining company IRC and its subsidiaries in the three years to August 2020. The investigation was proposed at Petropavlovsk’s general [...]
‘We aren’t what people expect’ – Linklaters on the firm’s virtual internship and social mobility November 23, 2020 Last year Linklaters launched a virtual internship - the first of its kind among the legal profession. The magic circle firm believes launching such a programme has facilitated greater social mobility, by opening up the business to those who may not see themselves as a natural fit.
JP Morgan pushes ahead with UK digital bank plans November 22, 2020 US investment bank JP Morgan has reportedly promoted one of its top London employees to spearhead the launch of its digital consumer platform in the UK. It has appointed Sanoke Viswavathan, previously chief administrative officer of technology and operations in its corporate and investment division, as the chief executive of its challenger bank. The company [...]