Article Archive | Financial News London

March 2021

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Article Archive

March 2nd, 2021

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Spacs in the UK? Everything you need to know about Lord Hill’s IPO and listing review

By

James Booth

2021-03-02T22:30:13Z

5 min read

Spacs Trading IPOs Rishi Sunak

The UK is aiming to be a more attractive destination for IPOs post-Brexit

M&G pledges to end thermal coal investments

2021-03-02T18:11:11Z

2 min read

M&g ESG Asset Management

'An accelerated phase-out of coal is essential if we want to limit global warming and ensure a sustainable future for our planet” says Foley, chief executive of M&G

City hedge fund manager’s suicide indicative of wider sector Covid stress

By

Emily Nicolle

2021-03-02T14:55:44Z

2 min read

Remote Working People Polar Capital

Former Polar Capital fund manager Guy Rushton, 36, was found dead last May following his discharge from a psychiatric hospital

The record boom in blank-cheque firms could make 2021 the year of the Spac

By

Bérengère Sim

2021-03-02T14:18:40Z

2 min read

Spacs Coronavirus Covid-19 IPO Markets IPOs Goldman Sachs Goldman

Goldman Sachs’ chief US equity strategist, David Kostin, one of the authors of a report by the bank tracking the recent boom in Spacs

Greensill Capital: How the SoftBank-backed firm ended up on the brink

By

Penny Sukhraj

2021-03-02T13:22:31Z

3 min read

Asset Management Greensill Capital

A sign at the building housing the headquarters of Greensill Capital in London. Four funds were suspended on 1 March after Credit Suisse became concerned that the funds were over-exposed to one of Greensills clients steel magnate Sanjeev Gupta

GAM calls time on supply chain finance fund linked to Greensill

2021-03-02T13:11:04Z

3 min read

GAM Asset Management Greensill Capital

Zurich-based asset manager GAM has said it will wind down its Greensill Supply Chain Finance fund after recent market developments

Here’s what UK fintech says the Kalifa Review got wrong

By

Emily Nicolle

2021-03-02T12:10:38Z

5 min read

The Fintech Files Open Banking Implementation Entity OakNorth Fintech CMA Diversity ESG Deloitte

The Kalifa Review has been criticised for failing to pay enough attention to how fintech firms should prioritise the climate crisis and sustainability

JPMorgan to opt for ‘carrots and sticks’ approach to vaccine, says CEO Jamie Dimon

By

Bérengère Sim

2021-03-02T11:08:02Z

3 min read

Covid-19 Jamie Dimon Brexit JPMorgan

Jamie Dimon has said that he wants his staff to have the vaccine but that it cannot be made mandatory

Goldman Sachs creates new London team to capitalise on Spac boom

By

Paul Clarke

2021-03-02T09:13:27Z

3 min read

Investment Banking Spac Goldman Sachs

Two of Goldman Sachs senior equity bankers in London will head up a newly-formed unit that will look to capitalise on the expected rise in Spacs in Europe

FOMO driving billionaire hedge fund boss Daniel Loeb to ‘deep dive’ into cryptos?

By

James Booth

2021-03-02T08:54:30Z

2 min read

Fintech Bitcoin Cryptocurrency

Chief executive of Third Point, Daniel Loeb has said people who had not invested in crypto assets needed to overcome the idea of having missed the boat

UK IPOs off to best start for 15 years ahead of listings review shake-up

By

James Booth

2021-03-02T08:36:20Z

2 min read

Bootmaker Dr Marten’s raised nearly £1.5bn in its IPO this year

‘Before Covid, WFH was seen as a day at the golf course’: How the pandemic changed the City forever

By

Paul Clarke

2021-03-02T00:01:32Z

13 min read

Citigroup Investment Banking Covid-19 People JPMorgan HSBC

Bankers told FN at the time that London’s financial districts were 'sleepwalking into an outbreak' of the Covid-19 virus

Financial services firms move £1.3tn out of UK since Brexit vote

By

James Booth

2021-03-02T05:01:34Z

2 min read

Brexit financial services

According to data from EY’s latest Brexit tracker, £1.3tn of assets and 7,600 jobs have moved from the UK to the EU since the referendum

Almost a quarter of companies will be net zero by 2030, say Fidelity analysts

2021-03-02T05:01:39Z

3 min read

China ESG Asset Management Fidelity International

A sustainable drainage system in Manchester. Fidelity notes headway made by European companies, estimating 30% will be carbon neutral by 2030

Covid-19 is causing a ‘shecession’ as pandemic impacts gender equality at work

By

Bérengère Sim

2021-03-02T05:01:02Z

2 min read

Coronavirus Covid-19 Diversity PwC