UBS Switzerland’s £11m lawsuit against the director of a collapsed London-based commodities trader goes to trial today (Tuesday). Anil Kumar was the director of London-based Vincom Commodities, a company that …
Personal Finance
Both Tories and Labour are being dishonest about immigration
In last week’s Spring Budget, the Chancellor was clear that he did not want to build an economy that was reliant on cheap foreign labour. “Our plan,” Jeremy Hunt said, …
Who owns Aston Martin? Who is the team principal? What is their value?
Who are the current owners of Aston Martin? Canadian billionaire Lawrence Stroll owns Aston Martin. Stroll leads investment consortium Yew Trees Overseas. He took ownership in 2020 and has been …
Cashplus: Digital challenger to rebrand as Zempler Bank this summer
Challenger bank Cashplus will rebrand as Zempler Bank this summer to reflect its new range of digital products and authorisation as a bank. Speaking to City A.M., founder and chief …
It’s now up to the City and the regulator to keep a close eye on crypto mania
Much like watching somebody stand too close to the edge of a rooftop can bring on the heebie-jeebies, the City’s institutions giving a guarded welcome to more crypto-backed vehicles can …
Silicon Valley Bank one year on: Is another banking crisis around the corner?
There were nervous flashbacks for banking regulators last week as, one year on from the collapse of Silicon Valley Bank, another regional US lender began to wobble. While the troubles …
Wise founder and Legal & General back £63m ‘inclusive’ London start-up venture fund
Legal & General and the founder of fintech firm Wise are among a host of big name investors to back a new London venture fund looking to pump cash into …
The Notebook: Why the resurgence of business events is here to stay
Where the City’s thinkers get a few things off their chest. Today, Lisa Hannant, CEO of Clarion Events, takes the pen “Events dear boy, events” is what Prime Minister Harold …
FTSE 100 today: London markets set for cautious open as U.S. inflation data looms large
Moving markets today: Asian stocks climb, Oracle surges 14%, bitcoin breaks $72,000; UK employment, U.S. inflation data in spotlight US stocks began the week cautiously ahead of key consumer inflation …
Investec Champions Cup Barometer: Bath eye up West Country battle
In the lead up to the 2023-24 Investec Champions Cup Round of 16, City A.M. has put together a barometer in partnership with Investec to assess which teams are hot …