Crypto markets push higher despite uncertainty over Russia sanctions February 23, 2022 The crypto markets are looking buoyant this morning, after a difficult start to the week that saw the Bitcoin price dip as low as $36k.
Post Office victims see hopes raised by inquiry’s line of questioning February 23, 2022 Sub-postmasters who were victims of the Post Office Horizon scandal have seen their hopes raised by the line of questioning adopted by the public inquiry’s chairman. Former judge Wyn Williams has confirmed the victims’ compensation agreements would be revisited, after the inquiry’s terms of reference didn’t mention a specific financial redress for the sub-postmasters, reported [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 23, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. JUMO Visa-backed fintech firm JUMO has posted the former boss of JO Hambro Capital Management to its board as a new non-executive chair. Nichola Pease, who currently holds the same role at FTSE 250 Jupiter Fund [...]
Barclays freezes share awards for ex-boss as Staley fights Epstein probe February 22, 2022 Barclays has frozen share awards to Jes Staley, its former chief executive, as he contests the an investigation into his ties with Jeffrey Epstein.
Bitcoin sinks lower as Putin orders Russian troops to enter Ukraine February 22, 2022 Any hopes of a quick resolution to tensions on the Ukraine border were dashed last night, with Russian president Vladimir Putin ordering his military to enter eastern Ukraine.
Caffè Nero sales almost hitting pre-Covid levels despite Omicron dent February 22, 2022 Coffee chain Caffè Nero has said its sales have returned to more than 90 per cent of pre-Covid levels. The firm reported trading for its half-year to November 2021, as well as annual results for the financial year ended May 2021. While the mergence of the Omicron Covid variant saw office workers working from home, [...]
Hargreaves Lansdown records slump in profits as pandemic investment surge settles February 22, 2022 Retail investment platform Hargreaves Lansdown recorded a dip in profits for the first half of its financial year as the pandemic boom in trading volumes began to settle.
Bitcoin dips as crypto markets spooked by threat of war February 21, 2022 The crypto markets took a tumble over the weekend, with investors continuing to look jittery about the situation on the Ukraine border.
Made.com chief steps down due to family reasons February 21, 2022 Chief executive of Made.com Philippe Chainieux has said he is leaving his post because of family reasons. “I have to pause my professional activities to take care of my family,” said Chainieux, who has been with the retailer for about nine years and oversaw its London stock market debut during the pandemic. In an announcement this [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 18, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Quadrant Real estate asset management and development company Quadrant has appointed a new associate partner from CBRE. Onder Atasayar joins from CBRE where he was responsible for developing the company’s portfolio valuation models and overseeing quarterly valuation of [...]