Citigroup suspends senior bond trader over alleged canteen theft February 3, 2020 Citigroup has suspended one of its most senior London-based bond trader after accusing him of stealing from the office canteen. Paras Shah abruptly left his post as head of Citi’s head of EMEA high-yield bond trading last month. The Financial Times reported that the bank suspended Shah after alleging he had stolen food from the [...]
Atlantic Crossing: What should be on the UK’s trade deal wishlist? February 2, 2020 Now that Brexit has become reality, the United Kingdom can use its newfound independence by negotiating an ambitious free trade agreement with the United States. Such an agreement can deepen commercial ties between two longtime allies, not only in goods trade but also in financial services and the movement of people. Outside the European Union, [...]
Coinbase expands institutional crypto asset storage internationally January 30, 2020 Coinbase is expanding its institutional crypto asset storage service internationally, establishing an office in Ireland in a bid to capitalise on growing demand for digital currencies from institutional investors. Coinbase Custody International will be based in Dublin, expanding an existing office in the city. While its main arm, based in San Francisco, does serve Europe-based [...]
Super Bowl LIV preview: Kansas City Chiefs v San Francisco 49ers will see contrasting offences go head to head in Miami January 29, 2020 The Super Bowl is a mammoth sporting event, and an occasion of such magnitude is always going to come attached with a great deal of hype. The NFL showpiece is always billed as unmissable – something fans in the UK should stay up for and immerse themselves in. It’s fair to say that last year’s [...]
City Cultural Corner January 29, 2020 Welcome to The City Culture Corner. Here, the arts and the stereotypical business world of the City of London can intertwine, collide and create. With an overwhelming amount of cultural activity and hotspots in the City, it is often difficult to stay abreast of interesting venues and events in the City. The City Culture Corner [...]
Event: Chineke! Orchestra January 29, 2020 The Chineke! Foundation was created by Chi-Chi Nwanoku in 2015 to provide career opportunities to established and up-and-coming Black and Minority Ethnic (BME) classical musicians in the UK and Europe. City A.M. Club members are offered a 20% discount on full price tickets. The code can be entered at the checkout stage online, over the [...]
Lloyds Bank announces 56 branch closures this year January 29, 2020 Lloyds Banking Group has announced today that it will close 56 branches across the UK. The bank will close 31 Lloyds, 10 Halifax and 15 Bank of Scotland branches between April and October of this year. The financial services union Accord said in a statement: “We fully appreciate that the demand for high street branch [...]
Guardian goes green as it bans advertising from fossil fuel firms January 29, 2020 The Guardian will no longer accept advertising from oil and gas companies as the media group looks to cut its links with fossil fuel firms. The move, announced today, will apply across the publisher’s websites and apps, as well as in print copies of the Guardian, Observer and Guardian Weekly. “Our decision is based on [...]
With 100 days to go, can Sadiq Khan lose the 2020 London mayoral election? January 28, 2020 Even Sadiq Khan’s biggest critics would acknowledge his skill in working a crowd. The mayor of London glides from person to person, selfie to selfie, handshake to handshake. At a time when politicians are not exactly enjoying public favour, he seems to have plenty of Londoners firmly on his side. The response toward Khan by [...]
City Moves for 27 January – Who’s switching jobs at CMS, the FCA and Shoosmiths? January 27, 2020 Today’s City Moves includes CMS, the FCA and Shoosmiths CMS Global law firm CMS has announced the re-election of Penelope Warne as senior partner of CMS’s UK arm following a vote by the firm’s partnership. This will be Penelope’s second term, effective for four years from 1 May 2020. Penelope became the firm’s first woman [...]