Hints and tips:
Related Special Reports
Cycle, swim or sweat it out in Germany’s financial hub
...The city-state has plotted a careful path as a neutral financial centre at a time of rising tensions between Beijing and Washington and the briefings show Singapore’s determination to reinforce its neutrality...
...The relocation to east London would leave just one major City regulator in the heart of the UK’s historic financial district: the Prudential Regulation Authority in the Bank of England....
...,” Chambers said in an interview with the Financial Times on Thursday, her first since taking up the role in April....
...Moody’s is to leave its office in Canary Wharf in favour of new premises in the City, making it the latest high-profile financial tenant to abandon London’s Docklands for the Square Mile....
...The Foreign Office has been accused of damaging the competitiveness of the City of London by closing its premium document certification service in Britain’s capital....
...The move has caused anger in ministerial circles, fuelling fears that the Financial Conduct Authority’s approach to regulation is harming the City of London and driving business abroad....
...“There is an entire group of companies who are what I call Brilos: British in listing only,” Rupert Soames, who took over as chair of Smith & Nephew last September, told the Financial Times....
...Keysight’s offer for Spirent is pitched at an 86 per cent premium to the undisturbed share price. GXO is offering a 104 per cent premium for Wincanton....
...That suggests a valuation in the area of Liontrust’s £416mn market value, significantly more with a takeout premium — a lot to swallow even in an all-share deal....
...The company is considering charging for new “premium” features powered by generative artificial intelligence, people with knowledge of Google’s plans have told the Financial Times....
...Montague, an experienced City troubleshooter who previously chaired British Energy and was deputy chair of Network Rail, was parachuted in as chair of Thames Water and its parent, Kemble Water, in June last...
...Concerns over sexism in the City of London were highlighted last year when the Financial Times reported multiple allegations by women of sexual assault and harassment by hedge fund manager Crispin Odey....
Number of sellers listing in the capital this week was up by 39 per cent on the previous week
...The Canary Wharf financial district in particular had struggled with the after-effects of the pandemic and had recovered only half as quickly as the City of London, Griffin added....
...the City has shifted....
...For some investors, of course, the high risk — and the high risk premium to go with it — is a gamble worth taking....
...Hayward said the City was vying not just with London’s Canary Wharf but with “global competition” from financial centres such as New York, Paris, Frankfurt and Dublin....
...The Concord offer was at a premium of about a third to the Hipgnosis share price before the bid was announced, and a 4.3 per cent premium to the fund’s September net asset value....
...Some executives have in the past few months pointed to signs of premiums catching up with inflation....
...The regulator has caused increasing irritation in government circles, amid fears the City is losing ground to rival financial centres such as New York....
...We built a city,” he says....
...Unsurprisingly, the City of London has kicked off at the prospect of being publicly shamed before innocence or guilt is established. City bleating is the norm for regulatory changes of any magnitude....
...This is a test of the government’s commitment to support financial services. Lloyd’s may not get the attention its near-quarter share of City GDP deserves....
...“Goldman is the most levered to capital markets [and] we believe animal spirits will return,” Rajiv Jain, chief investment officer of Florida-based asset manager GQG, told the Financial Times....
International Edition