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Move aimed at boosting City will abolish EU rule that limits payouts to twice base salary
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Chancellor to allow £5,000 to be invested tax-free in London-listed companies as he flags summer NatWest retail share sale
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...“Sad to hear the news about Jacob Rothschild — he made the very most of the privilege he was born into, contributing hugely to the cultural and commercial life of Britain,” George Osborne, former UK chancellor...
...Additional reporting by Stephen Morris in San Francisco...
...Georges Elhedery, the bank’s chief financial officer, said that if conditions were right, “we remain intent to have a rolling series of share buybacks”....
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Conservative backbencher move comes as culture secretary is set to ask watchdogs to probe RedBird IMI’s bid
Elite private bank had jettisoned former Ukip leader as a client in part because of his politics
UK challenger bank’s shares fall almost 30% after reports it is seeking to raise up to £600mn from investors
...In 2015, then-chancellor George Osborne said in an election manifesto that the remaining 9 per cent stake in Lloyds Banking Group would be sold to the public, only to withdraw the offer a year later....
...He has secured public endorsements from JPMorgan chief executive Jamie Dimon, members of the Disney family, and prominent shareholders including Laurene Powell Jobs and Star Wars creator George Lucas....
...Georges Elhedery, HSBC’s chief financial officer, said on Monday that the bank would “continue to look at our portfolio” and “assess what aligns to the value of our network”....
...Sara George, a lawyer at Sidley Austin, said the FCA “has to prove Mr Staley is not fit and proper. He does not have to prove that he is.”...
...His foil is tenor Victor Ryan Robertson in the dual role of Street (a metaphorical character) and Nation of Islam leader Elijah Muhammad....
Lessons to be learned from collapse of SVB, US regional banks and Credit Suisse
...General Motors Q1, Halliburton Q1, JetBlue Airways Q1, Jupiter Fund Management Q1 trading update, Kering Q1 sales, Kimberly-Clark Q1, Lockheed Martin Q1, Mattel Q1, Novartis Q1, Nucor Q1, PepsiCo Q1, Philip Morris...
...The tensions unfolding on the global stage are inevitably hitting the tech industry, as Morris Chang warned in a rare public appearance on Saturday....
...Yet such is the disillusionment with the government that Starmer can probably absorb the blows and still emerge the victor....
...Morris doesn’t own a car — unusual, in the Motor City....
...“I’m cautiously optimistic that we are at a turning point,” Molly Morris, head of Equinor Renewables, told Energy Source at the CERAWeek conference in Houston last week, but added that meeting the White...
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