HSBC’s pass through the third quarter was almost identical to the second. Despite another hefty hit to the firm’s bottom line, chief executive Georges Elhedery has quietly and effectively pushed …
October 2025
Why are asset managers turning away from the US?
Asset managers are increasingly choosing to diversify their portfolios away from US stocks, despite Wall Street’s pronounced rally, as fears over being overexposed to secular markets grows. US markets saw …
Paddy Power founder: Bookies ‘scaremongering’ over tax hike damage
The betting sector is “scaremongering” over the potential damage of a tax raid on gambling, according to the retired co-founder of Paddy Power, who said he had led similar industry …
Six vineyards, one bike: inside the UK’s first boozy bike trail
For the Autumn edition of City AM The Magazine, Adam Bloodworth takes on the UK’s first wine bike trail The Rother Wine Triangle unites two groups that should arguably never …
NRL and Super League hold talks over rugby stake sale
Rugby league discussions took place in London that could be instrumental in seeing the NRL purchase a stake in the Super League. Andrew Thirkill, Simon Moran and Mike Danson – …
Street food vendors face confidence crisis ahead of Budget
Grassroots vendors are rapidly losing confidence in their future ahead of the Autumn Budget, according to new data. Just one per cent of respondents in a new hospitality survey described …
Will Big Tech earnings pop the AI bubble?
This week, the world’s most powerful firms, Microsoft, Meta, Alphabet, Amazon and Apple, will announce their quarterly results, which could either propel Wall Street to new highs or puncture the …
British businesses lead the world in risk management
UK businesses lead global peers in risk oversight, with nearly eight in ten British businesses reporting that boards are directly involved, a figure significantly higher than global peers. According to …
Tom Hayes sues UBS over Libor scandal
Tom Hayes is suing his former employer UBS, alleging it handed him on a “silver platter” to white-collar crime prosecutors to safeguard the interests of the Swiss lender and its …
AI browser wars: How Gemini and Atlas are redefining the attention economy
The new generation of AI browsers, from OpenAI’s Atlas to Google’s Gemini, aren’t about search, they’re about sense-making, writes Paul Armstrong Big Tech doesn’t want to make better browsers, it …