Is there really no escape? If you're in the roundly despised but still sizeable minority looking to get away from all the Royal Wedding brouhaha, your options are narrowing all the time... more
Having run out of interesting things to say about the Budget - not difficult - the Treasury has resorted to tweeting the fact that it is running a survey to "help us improve our website and other digital channels"... more
Anxious times at JPMorgan's London offices. While their US boss Jamie Dimon has been hailed for his deft handling of the crunch and his firm not once posting a quarterly loss (unlike virtually every other big bank), the City HQ of JPMorgan has been in almost permanent upheaval for the last 12 months... more
Naguib Kheraj, chief executive of JPMorgan Cazenove, is expected to stand aside from the broking firm once today’s £1 billion takeover by American bank JPMorgan Chase is completed... more
Shaid “Lucky” Luqman, once one of Britain’s richest men, and Ernst & Young’s Young Entrepreneur of 2004, has walked free from prison after serving six months of a second sentence for contempt of court
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“There is not a clear message regarding future wholesale costs movements that can be communicated to customers” E.On’s Paul Golby obliquely commented recently, on the chances of a cut in retail prices for Britain’s households...... more
The roots of the financial crisis lie not in the greed and excess of a handful of the world’s bankers, nor in their reward systems or penchant for innovation... more
Peep peep. That's the rights issue gravy train steaming across the City, throwing off vast amounts of investors' money to any investment bank passing... more
The City's grandest investment banks are risking a backlash from clients who are irritated by the £1.5 billion charged this year for simple share placings and rights issues... more
Naguib Kheraj, chief executive of JPMorgan Cazenove, declared he will be happy if the blue-blooded broking firm comes out of 2009 as well as it did in 2008... more
Asian hotshot Naguib Kheraj's arrival at blue-blooded brokers Cazenove signals more than a break with tradition - it could be crucial as the Queen's bankers face an uncertain future
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Cazenove, the top London stockbroker, risked civil war among its rainmakers when it chose the former finance director of Barclays as its new boss... more
Morning:
6°c
