Article Archive | Financial News London

March 2021

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Article Archive

March 23rd, 2021

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Deloitte hands staff ‘thank you’ bonus of up to £2,000 as it rolls back cost-saving measures

By

James Booth

2021-03-23T18:03:15Z

3 min read

Accountancy Pay and Bonuses Covid-19 Deloitte

All Deloitte staff below partner at the firm will receive a bonus of £500 to £2,000, depending on seniority, at the end of April

Barrister suspended for sexually harassing work experience student

By

James Booth

2021-03-23T16:20:40Z

2 min read

Legal Services Professional services

A barrister has been suspended from practice for six months after his conduct with a a woman he was supervising on work experience was reported to be ‘of a sexual nature’

Cash shell king Martin Sorrell on ‘costly’ Spacs: They are a ‘beanfeast’ for bankers and lawyers

By

Paul Clarke

2021-03-23T14:17:14Z

5 min read

Spacs Investment Banking

Martin Sorrell, chairman of S4 Capital Plc

England’s latest roadmap to lifting lockdown: All the changes and dates in full

By

Emily Nicolle

2021-03-23T14:15:11Z

3 min read

Lockdown Coronavirus Politics Vaccine

From 29 March, the rule of six will be enforced for outdoor gatherings

Prince Harry’s going to work for a Silicon Valley startup

By

Chip Cutter

2021-03-23T13:45:52Z

5 min read

Wirecard execs aided scheme to trick banks into processing marijuana sales

By

Rebecca Davis O’Brien

2021-03-23T13:31:25Z

5 min read

Accountancy Fintech Wirecard

OakNorth’s Rishi Khosla: ‘Our track record isn’t sustainable forever’

By

Emily Nicolle

2021-03-23T13:10:04Z

6 min read

The Fintech Files OakNorth Fintech

Rishi Khosla, chief executive of OakNorth

Young investors are taking bigger risks for ‘thrills’ amid Reddit-Robinhood frenzy, crypto surge

By

Bérengère Sim

2021-03-23T12:29:28Z

3 min read

GameStop FCA Trading Asset Management Robinhood

In January, Gamestop’s shares rose by more than 2,700% after a group of traders from Reddit led a campaign to boost its share price

City fintech PensionBee to go public in London float

By

Emily Nicolle

2021-03-23T11:31:12Z

2 min read

Fintech Fundraising IPOs Pensions

PensionBee's chief executive, Romi Sarvova

BlackRock appoints law firm to probe claims of discrimination and ‘machismo’ culture

2021-03-23T10:57:09Z

5 min read

Black Lives Matter Diversity Asset Management Women in Finance BlackRock

An internal investigation has been instructed at BlackRock, after two former employees wrote to chief executive Larry Fink in February saying they faced racial and sexual discrimination

£5,000 fine for those that try to holiday abroad

By

Bérengère Sim

2021-03-23T09:54:11Z

2 min read

Lockdown Coronavirus Covid-19 Boris Johnson

The one-year review of the Coronavirus Act proposes the £5,000 fine for anyone from England trying to travel abroad other than for a set number of reasons

Trustpilot raises £473m in London Stock Exchange float

By

James Booth

2021-03-23T09:06:33Z

1 min read

IPO London Stock Exchange IPOs

The pricing of Trustpilot’s float gives the company a market valuation of £1.08bn

Former HSBC managing director Patow joins fintech firm in advisory role

2021-03-23T12:00:18Z

1 min read

On the Move On the move HSBC

Citigroup CEO Jane Fraser introduces ‘Zoom-free Fridays’ as pandemic takes toll on staff

By

Paul Clarke

2021-03-23T07:40:35Z

3 min read

Citigroup Coronavirus Investment Banking

Jane Fraser, chief executive officer for Citigroup, has outlined measures to stop the blurring of lines between home and work, which is exhausting staff

Why London ‘needs to move quickly’ to become Europe’s Spac hotspot

By

James Booth

2021-03-23T00:01:01Z

4 min read

Spacs Legal Services Banking IPOs

London has seen just one Spac IPO this year, but city lawyers saw a surge in client queries about floating special purpose acquisition companies

Almost half of top CEOs see no return to post-Covid normal until 2022

By

James Booth

2021-03-23T00:01:17Z

2 min read

Coronavirus Covid-19 back to work KPMG