Article Archive | Financial News London

March 2021

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Article Archive

March 18th, 2021

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AstraZeneca vaccine is ‘safe and effective’, EU regulator concludes

By

Emily Nicolle

2021-03-18T16:23:15Z

2 min read

EU Coronavirus Covid-19 Vaccine AstraZeneca

Elderly residents arrive to receive a dose of a Covid-19 vaccine at the Woluwe-Saint-Pierre vaccination centre in Brussels, which is primarily administering the Oxford-AstraZeneca jab. The AstraZeneca vaccine has been declared as “safe and effective” by the European Medicine’s safety committee

Royal London Asset Management names former Achitas boss as next CEO

2021-03-18T15:49:26Z

1 min read

People Asset Management On the move

Former CEO of Axa Group’s Architas Asset Management, Hans Georgeson has been named as chief executive of Royal London Asset Management

Wall Street banks oppose shareholder calls for racial-equity audits

By

Levi Sumagaysay

2021-03-18T14:18:13Z

4 min read

Bank of America Citigroup Investment Banking Wells Fargo Black Lives Matter People

Vaccine supply will be ‘tighter’ in April due to retesting, Matt Hancock says

By

Bérengère Sim

2021-03-18T13:01:41Z

2 min read

Coronavirus Covid-19

Britain's Health Secretary Matt Hancock gives an update on the coronavirus covid-19 pandemic during a virtual press conference inside 10 Downing Street

‘I’m in a dark place’: Leaked Goldman Sachs survey shows just how stressful it is being a junior banker

2021-03-18T12:44:54Z

4 min read

Investment Banking Junior Bankers Goldman Sachs

A pedestrian passes Goldman Sachs headquarters in New York. A leaked document outlined gruelling experiences for junior Goldman bankers.

Here’s what could happen if the EU bans AstraZeneca today, according to Goldman Sachs

By

Emily Nicolle

2021-03-18T11:47:46Z

4 min read

EU Coronavirus Vaccine AstraZeneca Goldman Sachs

The European Medicines Agency will issue its decision on the vaccine’s safety later on 18 March, after several countries temporarily suspended use of the drug

Boris Johnson to face grilling from MPs over Covid-19 response

By

James Booth

2021-03-18T11:17:19Z

2 min read

Covid-19 Politics Boris Johnson

On Wednesday 28 March, Boris Johnson will be quizzed on the UK’s response to the Covid-19 crisis by members of the House of Commons Liaison Committee

EU Covid passports will allow travel to restart – here’s how they will work

By

Bérengère Sim

2021-03-18T10:40:07Z

5 min read

Coronavirus Covid-19 Boris Johnson European Commission Ursula von der Leyen

The possibility of 'vaccine passports' has given the tourism sector renewed hope of recovery in 2021

Vaccine supply issues won’t impact lifting UK restrictions, minister says

By

Bérengère Sim

2021-03-18T10:32:19Z

3 min read

Coronavirus Covid-19 Vaccine

NHS warned vaccine centres that there will be a reduction in supply and tensions rise between the European Union and the UK on vaccine deliveries

Audit reforms curb risk of more failures – at a price

By

David Wighton

2021-03-18T09:48:37Z

4 min read

Big Four Government Budget View

UK audit reforms are necessary but may be costly

Deutsche Bank investment bank revenues to swell by 20% in first quarter

By

Paul Clarke

2021-03-18T09:43:19Z

3 min read

Investment Banking Deutsche Bank

Revenues at Deutsche Bank were up by 32% on the previous year, , with pre-tax profits surging from €502m to €3.2bn in the unit

Shareholders gear up for showdowns over exec pay: ‘We will be voting against excessive compensation’

2021-03-18T09:35:06Z

4 min read

Pay and Bonuses Allianz ESG Asset Management Vanguard BlackRock

Executive pay has always been a contentious issue, it likely to be “more important for investors this year” according to Amra Balic of BlackRock

Brexit threatens UK and EU’s post-pandemic recovery, City lobby group warns

By

Lucy McNulty

2021-03-18T09:01:59Z

3 min read

International Regulatory Strategy Group City of London Corporation TheCityUK Brexit European Commission Catherine McGuinness Ursula von der Leyen

City of London Corporation's chair of the Policy and Resources Committee, Catherine McGuinness, said there was a need for 'cross-border regulatory collaboration in order to support a digital and sustainable economic recovery' in the months ahead

‘Once in a generation opportunity for audit transformation’ – City reacts to audit reform plans

By

James Booth

2021-03-18T08:13:35Z

3 min read

Accountancy City

Businesses and the public have 16 weeks to respond to the report and the government has committed to legislating on the issue

Credit Suisse slashes bonuses, considers clawbacks for top brass amid Greensill fallout

By

Paul Clarke

2021-03-18T07:55:56Z

2 min read

Pay and Bonuses Credit Suisse Investment Banking People

'The compensation committee is monitoring developments closely and will determine, based on investigation results, any appropriate actions to be applied,' Credit Suisse said in its annual report

Credit Suisse asset management chief steps back amid Greensill fallout

By

Paul Clarke

2021-03-18T07:12:24Z

2 min read

Credit Suisse Asset Management Greensill Capital

Eric Varvel (pictured) will work with chief executive Ulrich Körner to ensure a smooth transition and then focus on his roles as CEO Credit Suisse Holdings (USA) and chairman of the investment bank