Old Mutual expects the costs of closing London base to reach £65m

The group stated it will incur a loss of between £50m and £65m for shutting down its head office and cutting off operations in London, while demerging Old Mutual Wealth and Old Mutual Emerging Markets on the London and Johannesburg stock exchanges will have the opposite effect providing increment growth of between £5m and £10m […]

JP Morgan swears to use renewable energy

JPMorgan Chase & Co. unveiled a two-pronged sustainability plan Friday to lower emissions and support renewable energy. The Wall Street bank said it will power...

Banking Technology Awards 2017

Now in their 18th year, the Banking Technology Awards recognise excellence and innovation in the use of IT in financial services worldwide, and the...

UBS estimates pound to resurrect in 2017

The pound has been fluctuating ever since the UK voted to exit from the European Union in June, and has shown one of the...

Deutsche Bank seeking alternatives to cash bonuses

  People familiar with the matter reported that Europe’s largest investment bank Deutsche Bank AG is seeking alternatives to paying bonuses in cash as Chief...

Deutsche Bank mulls float of asset management arm

Deutsche Bank is not yet ready to make any drastic decisions and any deal is very unlikely to happen sooner than the first half...
Theresa May May is forced to pull the Brexit trigger

Britain as the most unfavoured region for investments

Institutional equity investors are taking their cash out of the UK at the speed of light as they now consider Britain to be "most...
1 Lombard street

Intellectual Property for Banking and FinTech

Banks and financial services companies have built their fortunes from innovation. In a world of thin margins and tighter regulations, innovation is the key...

Time is Money: Contactless payments to save UK shoppers almost £1bn worth of time by...

The continued surge of ‘touch and go’ payments is set to save UK shoppers 141 million hours, worth almost a billion pounds in time,...
Frank Breitenbach

Breitenbach: Vollgeld will revolutionise the money

It is an old theory that getting a new incitement in Europe as populism would give political gains and anxiety increases concerning the steadiness...

Brace, brace: Geneva banks get ready for harsh 2017

A great damage has been inflicted upon the Swiss competitive spirit by the strong franc, but Yves Mirabaud, president of the Geneva Financial Center,...
Barclays Bank

The Mighty 100: Barclays on hiring spree for private banking push

Barclays is to hire 100 staff for its private banking arm in a bid to to add more wealthy clients to its books. According to Reuters, the...

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