Michael Gove: ‘Immoral’ asset managers have ‘co-opted’ diversity agenda October 31, 2023 “We have seen a concentration of wealth, a tendency towards monopoly and oligopoly that has meant that the gains of economic growth have increasingly been concentrated in the hands of a few.”
OKX: Crypto exchanges must prove they can handle an FTX-style crisis October 31, 2023 Crypto exchanges should be made to prove they can cope with a flood of withdrawals from customers, crypto bourse OKX has said.
London-based Colt set to close $1.8bn swoop on Nasdaq-listed tech firm October 31, 2023 London tech firm Colt is set to complete its $1.8bn swoop on a US firm in the coming days after winning regulatory sign-off for the deal, City PM can reveal.
FCA rebukes Paypal over ‘unfair’ BNPL terms as sector braces for clampdown October 31, 2023 The Financial Conduct Authority said it has forced a number of buy-now-pay-later firms to change “potentially unfair and unclear” terms in their contracts today as it tightens the screws on firms before formally bringing the sector within its remit.
Blackstone boss Steve Schwarzman to speak at London investment summit October 30, 2023 Blackstone's top honcho, Steve Schwarzman, is reportedly set to take the stage at the UK government's Global Investment Summit.
Blackrock tells investors to give mining a chance or risk green energy transition October 30, 2023 Blackrock said investor reluctance towards mining. could lead to shortages of vital materials
What’s going on at St James’s Place? October 27, 2023 St James's Place has suffered a bruising couple of months — but analysts say the outlook for the firm is positive.
Dividends dry up in London — but can shareholders expect a bounce-back? October 26, 2023 The amount of cash pocketed by shareholders slumped over the summer as frothy one-off dividends dried up and mining giants reined in their payouts.
Dubai calling: City set for closer ties with UAE as ministers pen cooperation deal October 26, 2023 The UK is set to pen a deal to forge closer ties with the United Arab Emirates on financial services today as ministers look to tap into deep pools of capital and promote cooperation between the City and the Middle Eastern state.
Euan Blair’s Multiverse quietly shelves school-leaver mission as growing pains set in October 25, 2023 Euan Blair’s educational technology firm Multiverse has quietly shelved its mission of getting school leavers into jobs in a restructuring which former employees claim has created a “cut-throat” culture of “fear” at the firm, City PM can reveal.
