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News

  • April 12, 2024

Wealthy man’s stripped back negligence claim against Clyde & Co ‘must go to trial’

A wealthy businessman’s stripped-back claim against Clyde & Co ‘must go to trial’ after a judge threw out his case against two XXIV Old Buildings barristers. Riad Tawfiq Al Sadik, who owns the l

  • April 12, 2024

Jane Fraser’s overhaul marks Citi results as profits hit by severance costs

Citi's results continued to bear the impression of Jane Fraser's restructuring plans, as profit fell sharply compared to the year before.

  • April 12, 2024

Five questions with Apinke Efiong, founder of EKÓ Botanicals

Every week, Ambition A.M. passes the pen (or keyboard) to a founder eager to share the unfiltered stories fuelling Britain’s entrepreneurial spirit.

  • April 12, 2024

Blackrock assets swell to $10.5 trillion as inflows fall by more than half

Blackrock's assets under management swelled to $10.5 trillion in the first quarter of this year due to strong global equity markets.

  • April 12, 2024

Wells Fargo profit falls as customers cash in on higher interest rates

Wells Fargo outperformed market expectations in the first quarter of the year despite reporting a hefty fall in interest income.

  • April 12, 2024

JP Morgan profit surges on higher rates and First Republic purchase

JP Morgan’s profit surged above expectations to $13.4bn in the first quarter of this year, up from $12.6bn a year earlier, thanks to higher interest rates and its takeover of First Republic. Revenue

  • April 12, 2024

Bank of England commits to ‘once in a generation’ reform after Bernanke review

The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.

  • April 12, 2024

Do today’s GDP figures really show improvement in the UK economy?

Today's release of figures on the UK economy figures feels like a big deal, with people proclaiming the end of recession. Is that right?

  • April 12, 2024

Exclusive: Fallout at Garrick Club over legal advice from Lord Pannick on admitting women

There has been weeks of backfire against the club after it was revealed all of the legal professionals - including judges - who were members of the London’s men-only club.

  • April 12, 2024

Demand for Nissan’s Qashqai helps UK sales drive past £5bn

Based out of its Sunderland factory, Nissan's UK arm has reported its sales increased from £3.6bn in the year to March 31, 2023, while its pre-tax profits went from £35.6m to £31.9m.

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