EFG reassures it is ‘highly profitable’
EFG International issues an update stating that performance for the first ten months of 2008 is up on the same…
ByYear: 2008
RBS to shed 3,000 jobs worldwide
Royal Bank of Scotland is to cut 3,000 jobs worldwide in the next few weeks as the impact of the…
ByMerrill Lynch strengthens UK and Ireland
Merrill Lynch’s Global Wealth Management (MLGWM) group has appointed of Andrew Keating as a financial advisor focusing on the UK…
ByBarclays increases lending to small business
In spite of difficult market conditions, Barclays has increased its lending and overdrafts to small businesses by 5.3 percent. In…
ByPictet looks to expand in Dubai
Swiss bank Pictet & Cie, which opened an office in Dubai in 2007, is looking to expand in the region,…
ByColouring between the lines
In the City, the race issue is a joke. Obama’s election has been greeted with histrionic delight by the liberal…
ByObama’s victory and racial politics
Barack Obama’s election to the US presidency has been feverishly hailed as a historic event as momentous as man’s landing…
ByObama's to-do list: bring back culture
After eight years of Bush, Obama needs to show that reading is not just done on cereal boxes. No, this…
ByGoldman and Citi begin 12,000 job cuts
Goldman has notified 3,200 staff of job losses in the last seven days, while Citi, which announced 9,100 job cuts…
ByObama's to-do list: end wars
The success of Barack Obama has been welcomed globally, but will it transform the international security scene? The electoral success…
ByObama's to-do list: fix economy
The Democrats take over the White House on 19 January 2009, but they’re walking into the biggest mess of all…
ByUBS posts pre-tax profits but also huge outflows
UBS’ Global Wealth Management & Business Banking division has posted pre-tax profits of SwFr 1.861 billion. UBS’ Global Wealth Management…
ByBanks continue to expand in the regions
Brewin Dolphin Investment Management is looking to hire investment managers for its regional offices. Brewin Dolphin Investment Management is looking…
ByInside Pyongyang?
Why is so little known about the Democratic Republic of North Korea? Why is so little known about the Democratic…
ByGovt to establish agency to manage bank stakes
Alistair Darling will today unveil details of the arm’s-length agency that will manage the £37 billion in stakes the government…
ByStellar expansion at Jupiter
Jupiter Asset Management has appointed four private client fund managers from Bestinvest and a new board member. Jupiter Asset Management…
ByBarclays to raise £7.3 billion from Middle East
Barclays has announced it will raise £7.3 billion in new capital, through deals with the Qatar Investment Authority and Abu…
ByThe gawker-in-chief
How should you react when faced with a hero/ idol/ legend/ object of devotion? How should you react when faced…
ByThe politics of asssassination
As Mugabe destroys Zimbabwe, some ask if “termination with extreme prejudice” would be justified. In February 1976 President Gerald Ford…
ByA bad case of shortenfreude
The idea of a hedge-fund manager being run over by a Porsche is enough to make us laugh our heads…
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