Exclusive: BDO’s managing partner on audit reforms, staffing issues and the company Christmas party December 3, 2021 This week accounting giant BDO saw its profits jump to over three quarters of a million pounds per partner, putting them ahead of their peers at rival firms EY and KPMG. At £760,000 per BDO partner, the firm leads the payout battle as EY partners were paid an average of £749,000 this year and KPMG [...]
Are we beginning to see the first signs of maturity in the value of Bitcoin? December 3, 2021 If Bitcoin price is your metric, it’s been a quiet week with Bitcoin holding steady in the $56,000 - $58,000 range, says Jason Deane.
Diplo, DJ Khaled and Martin Garrix snap up Bored Ape NFTs December 3, 2021 A string of celebrities have joined the trend and this week picked up Bored Ape Yacht Club NFTs.
Facebook ends long-standing crypto ad ban December 3, 2021 A turbulent start to the week for Bitcoin continues, with the leading cryptocurrency bouncing between $56,000 and $59,000 for the last two days as global financial markets continue to look uncertain in the face of the Omicron variant. Will we see a more significant move before the week is out? It seems to be a [...]
Crypto bros step aside as female investors dive into digital assets December 3, 2021 The age of the ‘crypto bro’ could be coming to an end according to new data. Women are diving into the male-dominated crypto space in increasing numbers with exchange Bitstamp registering a 198 per cent increase in female investors on its platform this year. In the first three quarters of 2021 trade volume generated by [...]
UBS swipe new finance chief Sarah Youngwood from rival JPMorgan December 1, 2021 UBS have pinched a JPMorgan executive as its new chief financial officer, as part of major shake-up of senior management at the biggest bank in Switzerland. The announcement comes shortly after UBS also named Colm Kelleher, former president at Morgan Stanley, to succeed Axel Weber as chairman of the world’s biggest wealth manager when his [...]
Ethereum continues to outpace a flat Bitcoin December 1, 2021 A turbulent start to the week for Bitcoin continues, with the leading cryptocurrency yesterday bouncing between $56,000 and $59,000.
The long view: Cathie Wood’s ARK nabs 1m Twitter shares as Dorsey steps down December 1, 2021 Cathie Wood, the well-known U.S. investor and founder of ARK Investment Management, loaded up on 1m Twitter shares on Tuesday as the social media giant’s stocks hit a 12-month low in the wake of founder Jack Dorsey’s decision to step down as CEO. AEK Investment Management, which already has one of the biggest shareholdings in [...]
City Moves: Who’s switching jobs in the Square Mile today? December 1, 2021 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. Two Magnolias UK-focused venture capital investor Two Magnolias has posted the former UK head and European president of BP to its board. Peter Mather, who will chair the board, will help Two Magnolias close its new £50m sustainability [...]
London lags behind country on house price growth December 1, 2021 London is still playing catch up to the rest of the country on house price growth, Rightmove data revealed today. The national average price of property is set to rise 5 per cent next year, thanks to the ongoing trends of fierce buyer demand and low stock levels. However, the London market will grow at [...]