Article Archive | Financial News London

January 2021

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Article Archive

January 27th, 2021

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UniCredit names Andrea Orcel as its new chief executive

By

Paul Clarke

2021-01-27T19:03:59Z

3 min read

Pay and Bonuses Investment Banking UBS Unicredit People Santander On the move

Andrea Orcel has been confirmed as the replacement for Jean Pierre Mustier, confirming earlier reports that the 57-year-old Italian was set for the top job

‘Brexit could not have come at a worse time,’ says London mayor

2021-01-27T16:26:35Z

2 min read

Coronavirus Covid-19 Sadiq Khan Brexit

Melvin says it’s repositioning as GameStop pain ‘spilling into Europe’

By

Emily Nicolle

2021-01-27T15:21:10Z

3 min read

Hedge Funds Fintech Trading Asset Management short-selling

New York hedge fund Melvin, which was short GameStop, also had a short position in CD Projekt Red, the maker of the Cyberpunk 2077 video game

Brits going abroad must explain reasons prior to travel, says Patel

By

Emily Nicolle

2021-01-27T15:10:29Z

3 min read

Coronavirus Politics

Britain's Home Secretary Priti Patel said police will be stepping up checks at addresses to make sure people are complying with self-isolation rules, rising by around 1,000 follow-up visits per day

Getting back at Wall Street: Here’s what’s going on with GameStop, Reddit and short-sellers

By

Emily Nicolle

2021-01-27T14:18:54Z

4 min read

Hedge Funds Fintech Trading Asset Management short-selling shortselling

The craze around GameStop has seen every part of the internet weigh in on the mania

Government will keep schools shut until 8 March and enforce hotel quarantine for UK arrivals

By

Emily Nicolle

2021-01-27T13:48:23Z

3 min read

Coronavirus Politics Vaccine Boris Johnson

CUCKFIELD, ENGLAND - JANUARY 27: 10 year old Oscar Mumby (son of the photographer) completes his online schoolwork as homeschooling continues due to school closures

Boris Johnson to give press conference

2021-01-27T13:27:14Z

2 min read

Coronavirus Covid-19 Boris Johnson

JPMorgan unveils new UK digital consumer bank

By

Paul Clarke

2021-01-27T12:58:03Z

2 min read

Investment Banking JPMorgan Chase

Most of its staff were unaware of JPMorgan’s plan to launch a digital consumer bank in the UK

EU grants full equivalence to US clearing houses

By

Lucy McNulty

2021-01-27T12:20:17Z

3 min read

Brexit Trading Markets

EU commissionner in charge of financial services, financial stability and the Capital Markets Union Mairead McGuinness said the bloc looks forward to good cooperation between EU institutions and agencies, and the US Securities and Exchange Commission

London mayor Sadiq Khan lambasts government for ‘era of austerity’ leading to inevitable cuts

2021-01-27T11:51:19Z

2 min read

Coronavirus Covid-19 Sadiq Khan London

Mayor of London Sadiq Khan says the government is 'imposing a new era of austerity on public services' in the capital

Rothschild hires former Morgan Stanley dealmaker Luddington as senior adviser

By

Paul Clarke

2021-01-27T09:57:39Z

1 min read

On the Move On the move Investment Banking People

IMF optimistic on global growth but cautions uncertainty remains

By

Paul Kiernan

2021-01-27T09:40:33Z

3 min read

Goldman chief David Solomon’s pay slashed by $10m in wake of 1MDB scandal

By

Emily Nicolle

2021-01-27T08:00:07Z

2 min read

Pay and Bonuses Investment Banking Goldman Sachs 1MDB

David Solomon’s pay cut was part of Goldman’s pledge to punish executives for their involvement in the 1MDB corruption scandal

Here’s what the biggest names in finance are saying about bitcoin

2021-01-27T00:01:21Z

5 min read

Fidelity Mark Mobius Bank of England Barclays Bitcoin Aberdeen Standard Investments Asset Management Ray Dalio

Lloyd Blankfein, senior chairman at Goldman Sachs, said that he would be arming himself to deal with bitcoin if he was a regulator