Citigroup hires veteran JP Morgan dealmaker to bolster London team September 14, 2022 Citigroup has hired JP Morgan veteran Barry Weir as the new managing director of its London investment banking team. The veteran dealmaker, known for his expertise in natural resources, will join Citigroup’s London office in September, acco. rding to Bloomberg. Citibank’s poaching efforts come as the New York bank is seeking to bolster its UK [...]
Citigroup opens Malaga hub to offer junior bankers better work-life balance September 14, 2022 Citigroup has opened a new hub for junior investment bankers in the Spanish seaside city of Málaga on the Costa del Sol. The US bank selected 27 of more than 3,000 applicants to work at its new Spanish hub, as part of a two-year programme promising work-free weekends and eight hours days. In locating its [...]
Mourners queue overnight to see the Queen lying in state September 14, 2022 For all the predictions of heavy rain as Brits queued in line to see the Queen’s coffin, the sun-soaked South Bank today filled up with mourners in good spirits – with thousands staying in line overnight. The government had warned Brits that well-wishers might have to queue for as long as thirty hours but for [...]
Thousands gather to watch Queen’s coffin procession from Buckingham Palace to Westminster Hall September 14, 2022 Members of the Royal Family including Princes Harry and William marched behind the Queen’s coffin in a procession today, as it was delivered from Buckingham Palace to Westminster Hall in parliament. Tens of thousands of mourners gathered outside the gates of the famous London residence of the Royal household, and lined the streets of the [...]
In pictures: Thousands start queuing to see The Queen lying in state: Route almost 5 miles long with 400,000 capacity September 14, 2022 Thousands of people have begun queuing around central London in a bid to see Her Majesty the Queen lying in state. The line, which can hold up to 400,000 people over the next four days, stretches on for four-and-a-half miles, start on the Albert Embankment near Lambeth Bridge. The route winds down the front of [...]
Working out well: Third Space eyes suburban locations for expansion pipeline September 14, 2022 Luxury health club brand Third Space is eyeing more locations in suburban areas, as opposed to in office hotspots, its CEO has told City PM Third Space offers members “a combination of expertise and luxury” and caters to “fitness savvy enthusiasts” as opposed to “first timers”, with members who “like the finer things in life,” [...]
Aveva nears closure on multi-billion-pound Schneider buyout September 12, 2022 London listed software developer Aveva is near to closing a deal that would see it fully taken over by French industrial giant Schneider Electric. The two companies are in discussions for Schneider to acquire the roughly 40 per cent stake in Aveva that it does not already own, at a price of £30 a share, [...]
Gaucho boss: Restaurant menus featuring more seasonal produce could be ‘silver lining’ of high inflation September 12, 2022 Restaurants shifting to more seasonal menus may be the “silver lining” of sky-rocketing food prices, Gaucho boss Martin Williams has said. Hospitality venues have been forced to grapple with heightened prices for vegetables and proteins this year, in addition to energy bill increases that bosses say pose an existential threat to the sector. However, the [...]
Dear Granny: Prince Harry breaks silence on death of The Queen recalling her ‘infectious smile and sound advice’ September 12, 2022 Prince Harry has broken his silence on the death of his “granny”, Her Majesty the Queen, recalling her “infectious smile and sound advice”. The Duke of Sussex issued a heartfelt tribute to his grandmother following her death last Thursday, as three-quarters of a million are expected to flock to London to see her lying in [...]
London’s economy powers through August in ‘growth mode’ as UK stalls September 12, 2022 London’s economy powered through August in “growth mode” despite the UK stalling, a new survey published today reveals. High street bank NatWest’s London purchasing managers’ index (PMI) remained in positive territory in August at 54.9. However, the PMI dropped sharply from 58 in July and was the weakest reading in nearly a year and a [...]
