The City’s regulators are stuck in group-think
It is 3.30pm on a Saturday in late January. Baron Andrew Tyrie hasn’t downed tools for the weekend. He’s emailing...
archiveCorporate/Industrial News
London battles to get its mojo back
When UK chip-designer Arm’s stock price surged 25% on the first day of trading after its bumper $5.2bn IPO on 14 September,...
Citigroup set to cut UK jobs after CEO Jane Fraser’s sweeping changes
Citigroup is set to roll out job cuts in its UK operations next week as the Wall Street bank simplifies...
Fund houses cut more from research budgets despite looming MiFID II overhaul
When the UK unveiled plans to reverse MiFID II unbundling in July, asset managers were meant to start ploughing more money into...
European Banks Should be More Globally Competitive, Deutsche Bank CEO Says
Published: Sept. 20, 2023 at 4:20 a.m. ET By Pierre Bertrand European banks are lagging behind their international competitors, lacking...
American Airlines, Moderna, Ford, Citigroup, Apple, and More Stock Market Movers
American Airlines (ticker: AAL) slid 5.7% after cutting guidance, prompted by higher labor costs following its pay agreement with pilots...
Nio’s stock hit while Tesla’s gains by EU investigation into China’s EV makers
Published: Sept. 13, 2023 at 8:16 a.m. ET Shares of Nio Inc. were knocked lower Wednesday, as investors expressed concerns...
Bank of America hires trio for European equities business
Bank of America made three new senior hires as part of plans to further bolster its equities division in Europe....
Overhaul UK pensions to fix equities market
Renowned City stock-picker Richard Buxton has called for a shake-up of the £2.5tn pensions market to “breathe new life” into...
How banks can stop regulators’ WhatsApp crackdown
Brad Levy is chief executive of Symphony, a financial markets infrastructure and technology platformThe latest regulatory crackdown on unauthorised WhatsApps provides a...
