Sold short: confessions of a young banker I had to watch each episode of “Industry”, a tv drama about young bankers, in 15-minute doses. This is no fault of the show, which is joyously binge-worthy and thoroughly deserves the second series it has just been granted. It’s because it reminded me so powerfully of my previous…
Citi to Offer Workers a 12-Week Sabbatical, Extra Vacation Days Citigroup Inc. will soon offer workers the ability to take a 12-week sabbatical as part of a bevy of new employee perks in the wake of the coronavirus pandemic. Staffers also will be able to buy as many as five extra vacation days annually starting…
Would you want to work for a company with this job description? “We are looking for strong, determined candidates with 1-3 years of experience. Your boss won’t bother to invest in your career development, you won’t be able to speak your mind, and your contributions will be of little value to…
Think of it as your go-to script when networking or pitching yourself in an interview. These days there’s not much need for an elevator pitch—at least not a real elevator pitch that’s delivered when your CEO steps into the elevator. After all, remote working has kept most of us out of our offices, not…
How family businesses have survived a brutal year Holts Gems, a second-generation family jewellery business founded in 1948 by Robert Holt, a Jewish refugee in London’s Hatton Garden, has grown into one of the industry’s largest providers of gem-cutting services. Until this year it had employed a team of 15, including experienced designers and…
S&P pays $44bn for IHS Markit as financial-data providers race for scale. IN 2003 LANCE UGGLA, a Canadian stockbroker, founded a financial-data startup in a British barn. Endowed with just $17m in seed funding and ten employees, Markit started off by providing pricing for the opaque market in credit-default swaps, hoping to tap investors’…
The shift to remote work carries an inherent risk This year’s mass experiment with remote working has, for some, triggered a prickling sense of unease: if I can do my job from home in London, Brooklyn or Canberra, could someone else do it more cheaply from Sofia, Mumbai or Manila? In the corporate world,…
Zillennials Are Going to Change Investing Forever Eating meat is out, flight-shaming is in. Gen Z is transforming the world and investors need to be prepared. As this new cohort — “Zillennials” — comes of age it’s going to eclipse the vaunted Millennials, boost emerging markets and help preferred sectors outperform as other…
M&A Roadmap for the Banking Industry in 2021 Mergers and acquisitions have returned back on the agenda of Swiss banking with force. Even if the mooted UBS-Credit Suisse-deal seems an unlikely proposition now, there are plenty of other options on the table for 2021, as an overview presented by finews.asia shows. Big banking has found…
Trump refuses to concede US election after acknowledging Biden victory President initially tweets Democrat won because of rigged vote before vowing to fight on Donald Trump refused to concede the US presidential election even after tweeting that Joe Biden had won the race for the White House — his first public acknowledgment of defeat…
