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...Ms Zhang asserts that she is wholly innocent,” her lawyer, Roger Sahota of Berkeley Square Solicitors, told the Financial Times. She was remanded in custody by District Judge Sarah Turnock....
...In October, UBS removed the large Credit Suisse logo from the top of One Cabot Square....
...Bank of Ireland is racing to avoid a loss on a loan against No 1 Poultry, the postmodern pink block that houses City restaurant Coq d’Argent, in a sign of the extent of the challenges for the London office...
...House, Pimlico, £2mn Where On the north bank of the Thames between Chelsea and Vauxhall Bridges. Pimlico Tube station is within 15 minutes’ walk; Sloane Square about 20 minutes....
...Sterling and the euro were each up more than 1 per cent against the dollar by mid-afternoon after central bank officials in the UK and Europe were less sanguine about the possibility of interest rate cuts...
...An investigation by the FT found that the Austrian bank had posted 2,400 job advertisements in Russia since December, with some 1,500 for sales management and customer service roles....
...The lender’s common equity tier 1 ratio — a leading benchmark for its balance sheet strength — was 13.4 per cent, 0.3 percentage points lower than at the end of 2023 but well above the bank’s minimum target...
...The metropolitan borough of Birmingham is over 1.1mn, while Zug’s population is 132,000. Birmingham was once known as the “workshop of the world”....
...The group is getting 11,800 square metres, of which more than 5,000 is retail space. At current Milan market rates, that could theoretically cost perhaps €50mn a year to rent....
...Lloyds said pre-tax profits dropped year on year to £1.6bn, less than the £1.7bn analysts had expected....
...The rate in the City almost doubled to 12.1 per cent between the first three months of 2020 and the final quarter of 2023....
...The UK’s blue-chip index climbed 1.1 per cent in early trading. The region-wide Stoxx Europe 600 rose 0.5 per cent, as did France’s Cac 40, while Germany’s Dax added 0.6 per cent....
...Rolling Square TAU 2, $39 @rhodri...
...Soak it in: Bank of America frequently updates this futile but oddly charming mosaic, showing the best-performing assets each year since the turn of the century....
...Morgan Stanley said it also plans to keep office space at nearby 25 Cabot Square....
...Germany’s largest lender on Thursday reported a 10 per cent year-on-year increase in net income to €1.45bn between January and March, slightly above analysts’ expectations....
...Ackman, who has personally invested in X and racked up 1.2mn followers on the site, said it had given him an outlet to publicly speak about his political beliefs....
...The Nikkei 225 index briefly rose more than 1 per cent after the announcement....
...In Brussels, former European Central Bank president Mario Draghi gave a speech advocating EU-wide industrial policy....
...The deal to exit 10 Cabot Square would deliver “a long-term cost saving for the bank”, he added....
...Dunhill wool/cashmere Mayfair herringbone jacket, £1,950 Cordings silk scarf, £150 Tiffany & Co gold and silver Square signet ring, £1,475 Retro Super Future acetate Numero 96 glasses, £177, specscollective.com...
...Profits fell 13 per cent from the same period a year earlier to £1.6bn, after weakness in the bank’s domestic business and its investment bank drove a 4 per cent decline in group revenues to £7bn....
...cautious approach to starting to reduce Bank Rate”....
...In its corporate and investment bank, which BNP has been building up, the deal advisory and financing teams drove a 6.1 per cent rise in “global banking” revenue, echoing a rebound on Wall Street....
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