Ex-Barclays boss fined $2.2M after emails show Epstein relationship Jes Staley said he didn't have a close relationship with Epstein and that they cut ties long before 2015. Fortune · Oct 13, 2023
Wall Street bank boom shows gulf between New York and The City JP Morgan boss warns: “This may be the most dangerous time the world has seen in decades.” Evening Standard · Oct 13, 2023
‘Call me’: FCA releases messages between former Barclays boss and Jeffrey Epstein Financial watchdog provisionally concludes Jes Staley misled it over his friendship with billionaire sex offender The Guardian - UK · Oct 12, 2023
Bank CEOs set the tone from the top when it comes to risky behaviour — new research Metro Bank positioned itself as “a fresh start to banking” when it launched in the wake of the 2008 global financial crisis. It was set up in 2010 as a challenger to the “big five” banks dominating the UK market post-crisis: HSBC, NatWest, Lloyds, Barclays and Santander. The Conversation · Oct 12, 2023
Ex-Barclays Bank boss Staley banned from senior UK finance roles over misleading Epstein statements Britain’s financial regulator has fined the American former chief executive of Barclays, Jes Staley, 1.8 million pounds ($2.2 million) and banned him from holding senior financial roles for misleading it over the nature of his relationship with the late sex offender Jeffrey Epstein The Independent UK · Oct 12, 2023
Ex-Barclays boss Jes Staley banned from City over Jeffrey Epstein scandal Bank to cancel almost £18m in pay and bonuses due former CEO, who also faces potential FCA fine of £1.8m The Guardian - UK · Oct 12, 2023
Ex-Barclays boss fined £1.8m for misleading watchdog over Epstein links The UK’s financial watchdog has also banned Jes Staley from holding senior roles in the financial sector. The Independent UK · Oct 12, 2023
Ex Barclays chief executive Jes Staley fined £1.8m over relationship with paedophile Jeffrey Epstein The Financial Conduct Authority found Mr Staley “recklessly approved” letter sent by Barclays to the regulator containing “two misleading statements” The Independent UK · Oct 12, 2023
Former Barclays boss Jes Staley fined £1.8 million and banned from senior finance roles Former Barclays CEO Jes Staley has been fined £1.8 million by the financial watchdog on top of a ban from holding senior finance roles following concerns over disclosures around his relationship with sex offender and financier Jeffrey Epstein. Evening Standard · Oct 12, 2023
Stocks Mixed as Dovish Fed Comments Knock Bond Yields Lower What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.16%. Stocks are mixed on a decline in bond yields... Barchart · Oct 11, 2023
Stocks Push Higher as Dovish Fed Comments Knock Bond Yields Lower What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.32%. Stocks this morning are mildly higher on a decline... Barchart · Oct 11, 2023
New survey reveals extent of ‘surge pricing’ trend in UK ’Surge pricing’ means customers are charged higher prices when they need the item the most The Independent UK · Oct 10, 2023
Britons cut back on eating out and takeaways to save for festive splurge Credit card spending figures show shift towards saving as retailers report dip in visits The Guardian - UK · Oct 10, 2023
Almost half of consumers have noticed ‘surge pricing’ at busy times – survey Some 47% have noticed a growing trend of retailers adjusting their prices in response to supply and demand, Barclays found. The Independent UK · Oct 9, 2023
The Guardian - UK · Oct 7, 2023 Scams: six of the most common tricks – and how to avoid them Steps you can take to detect fake retail websites, missed-delivery texts and other swindles
The Guardian - UK · Oct 7, 2023 ‘I lost £240,000’: UK fraud victims share their stories Scammers stole more than £1.2bn from UK consumers in 2022. We speak to victims of fraud – and give tips to avoid being duped
Fortune · Oct 6, 2023 Exclusive: The banks that funded Elon Musk’s $44 billion Twitter deal may have a ‘sell-down letter’ to prevent them from breaking ranks Morgan Stanley, Barclays, and Bank of America have agreed to what's known as a joint "sell-down letter," which prevents any member of the pact from selling off their X debt on the cheap without including the other members.
Fortune · Oct 6, 2023 JPMorgan’s top strategist warns stocks could be about to plummet 20%. ‘I’m not sure how we’re going to avoid’ a recession “The upside versus downside in stocks is not that great,” according to Marko Kolanovic.
The Independent UK · Oct 5, 2023 Six high-street banks given ‘red’ warning over eco policies, Which? reveals JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were criticised by the consumer champion.
Fortune · Oct 4, 2023 Behind the scenes takes from Day 1 of the biggest trial in business Fortune reporter Ben Weiss details the beginning’s of Sam Bankman-Fried’s criminal trial.
Fortune · Oct 4, 2023 Weight-loss drugs like Ozempic have so much promise a major bank is telling investors to short junk food stocks Barclays strategists expect "disruption into a number of industries," thanks to drugs like Novo Nordisk's Ozempic and Wegovy.
The Independent UK · Oct 3, 2023 7 ski insurance options to cover you on the slopes From annual insurance to one-trip coverage, these policies offer protection when on the snow
InsideEVs · Oct 2, 2023 Tesla Wages To Go Up In The Wake Of UAW Strike, Barclays Predicts Barclays analyst Dan Levy said Tesla workers' wages would probably rise if the UAW strikes a deal with Ford, General Motors, and Stellantis.
The Guardian - UK · Sep 26, 2023 Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets Exclusive: Pan-European investigation looked at thousands of transactions since Paris climate agreement in 2016
Evening Standard · Sep 12, 2023 Union slams ‘unnecessary and unjustified’ decision as Barclays set to cut more than 450 jobs The cuts represent around 1% of Barclays’ UK workforce