City London Financial News

25.06 / 11:49

security Wikileaks Bitcoin Justice Department International Julian Assange Released From Prison After Reaching Plea Deal With US

Julian Assange, the co-founder of WikiLeaks, has been freed after reaching an agreement with the U.S. Department of Justice. Assange reached a deal with authorities that will see him plead guilty to violating the Espionage Act.

25.06 / 00:57

Action security Justice information Department Courts Investigations WikiLeaks founder Julian Assange to plead guilty in espionage act case in US court, will be freed from prison

Julian Assange, founder of WikiLeaks, has agreed to plead guilty to a felony charge in a deal with the US Justice Department, according to court documents filed on Monday night. This plea deal aims to resolve a protracted legal battle involving multiple countries over the release of classified information. Assange will plead guilty to conspiring to unlawfully obtain and disseminate classified national defense information under the Espionage Act.

25.06 / 00:01

UPS security Strategy Research Trade Inside reports Citadel Securities hired Schonfeld's head of macro research

Jaime Villa, the former head of macro research at hedge fund Schonfeld, has resurfaced and not at a hedge fund.

25.06 / 00:01

UPS Citi Trade President reports Destinations Deutsche Bank's next generation of rates traders is going to hedge funds, trading firms

As we reported several times a few months ago, Deutsche Bank's London rates trading team appears to have sprung a leak. Varioussenior people have left, including Hemish Shah and Kilian Frensch, both of whom have found a new home in Nomura.

25.06 / 00:01

UPS SEC CEO Strategy Research WSJ Cycling Morning Coffee: The horrible schedule you need to work to rescue a buy-side firm. Top former banker thinks her former ESG job was monstrous

Unfortunately for everyone in the industry, it takes an awful lot more work to recover a damaged franchise than it does to keep a functioning company going. So when a financial firm gets into as much trouble as Janus Henderson did after what was famously one of the worst mergers in fund management history, there were bound to be some blood sweat and tears involved for Ali Dibadj the CEO who was brought in two years ago to try to turn things around.

25.06 / 00:01

COST UPS Career CEO Election rights Morning Coffee: Goldman Sachs M&A associate says she quit after seeing a sad MD eating a burger alone. French bankers are getting worried

There are many catalysts for leaving a banking career, most of which involve working hours and bonuses that don't compensate for the toil. But there is also the revelation that even if you stick with the grind and climb the pole, your life may not be the best.

24.06 / 12:36

markets COST UPS Trade show performer Could high rates last forever? Bond markets think so

Just as optimism is growing among investors that a rally in US Treasuries is about to take off, one key indicator in the bond market is flashing a worrying sign for anyone thinking about piling in.

24.06 / 06:57

markets COST economy Election country rights Costly election pledges in France stoke fears of splurges that risk pushing country deeper into debt

In France, parties of the far right and the far left are making election promises that are appealing — and expensive

24.06 / 00:17

UPS Parke Invesco trends War show country Thanks a bullion, RBI will take it from here; overseas gold reserves at 6-yr low

Reserve Bank of India's gold reserves parked overseas dropped to a six-year low at the end of March — 47% of total. This is the lowest since it started accumulating the precious metal in December 2017. Data shows that the RBI started bringing the gold to India in March 2022, coinciding with the start of the Russia-Ukraine war. This is in line with the trend of central banks globally that have turned cautious after the US government froze Russian foreign currency assets as the conflict began in February 2022.

23.06 / 14:07

COST UPS Instagram shock Videos Mangoes at Rs 2400, bhindi at Rs 650 per kg: Indian groceries in London vs India leave netizens SHOCKED. Viral Video

viral video on Instagram has captured the attention of Indian consumers, shedding light on the staggering prices of Indian groceries in London. Chavi Agarwal, a Delhi native currently residing in London, took her Instagram followers on a virtual tour of an Indian grocery store in the British capital, revealing price discrepancies that left many astounded.

21.06 / 21:25

Ethereum Bitcoin Standard Chartered Standard Chartered Plans to Offer Spot Trading Desk for Bitcoin and Ethereum

Standard Chartered Bank is planning to offer a spot trading desk for Bitcoin and Ethereum to enable direct spot trading of cryptocurrencies, according to an insider. This latest development aligns with the multinational bank’s huge interest in the crypto market.

20.06 / 20:15

ByteDance TikTok show exclusive singer Department Features Ahead of Taylor Swift Eras Tour's London shows, TikTok reveals this new interactive feature

TikTok is currently rooting for Taylor Swift's new Eras Tour shows, the upcoming one being held in London. Now, they have unveiled a very interactive feature on Taylor Swift which is a first-of-its-kind, focused on her massively popular Eras Tour shows.

20.06 / 16:49

Art Career CAT Universities Colleges International Lt Gen NS Raja Subramani to be next Vice Chief of Army Staff

Lt Gen NS Raja Subramani is set to be the next Vice Chief of Army Staff with the government clearing his appointment to the post, official sources said on Thursday. The officer, who is presently helming the Army's Central Command, will succeed Lt Gen Upendra Dwivedi. Lt Gen Dwivedi, currently serving as the Vice Chief, will be the next Chief of the Army Staff when incumbent Gen Manoj Pande retires on June 30. Lt Gen Subramani has been appointed as the next Vice Chief, military sources said.

20.06 / 11:01

markets UPS SUN Trade performer Pharmaceuticals Stock market today: Sensex ends up 141.34 points, Nifty 50 above 23,500; metal, realty, bank stocks shine; auto drags

Stock market today: The domestic benchmark equity indices, Sensex and Nifty 50, ended Thursday's session in green after struggling through some volatility during the trade. Metal, real estate, and bank stocks led the indexes, despite a lack of strong global indications.The 30-share BSE Sensex ended higher by 141.34 points or 0.18% at 77,478.93 level while the Nifty 50 closed at 23,567.00 level, up 51.00 points or 0.22%.On the broader market front, the Nifty Midcap 100 closed 0.95% higher, while the Nifty SmallCap 100 ended up 0.61%, both outperforming the benchmark indices. The fear gauge index, the India VIX closed 2.68% lower on Thursday.

20.06 / 10:57

markets COST Target economy Trade show Stock market today: Global stocks are mixed as central banks hold off on rate cuts

European markets have opened higher after a mixed day of trading in Asia

19.06 / 11:09

markets UPS DOW economy Trade show Stock market today: Global stocks are mixed after Wall Street edges to more records

Global stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession

18.06 / 20:53

COST Citi wellness reports Features peace Is Llandudno the safest city in Britain? What makes it so special?

safest city? It is definitely not London, Manchester, Yorkshire or any of the well-known cities. This is a lesser known city to those outside Britain. Llandudno which is located on the north Welsh coast is home to nearly 20,000 residents and it is considered to be Britain’s safest sea side town. What is unique about this town and why is it considered to be safe among all the British towns which are historical and have their own economic significance? Llandudno:

18.06 / 08:29

UPS Cooper Action information reports politician Scandals The Washington Post's leaders are taking heat for journalism in Britain that wouldn't fly in the US

A trio of extraordinary stories are increasing the pressure on The Washington Post's new leadership, along with highlighting the differences in journalism practices in England and the United States

18.06 / 04:51

Twitter Digital Platform security awards innovations Features SpacePay Presale Fever: Don’t Miss This Award-Winning Crypto Payment Innovation

Cryptos are likely to be accepted in almost every store in the next few years. However, that is not an easy task to achieve, and here comes SpacePay to help.

17.06 / 11:37

markets UPS Election Trade reports Stock market today: European stocks up, Asian shares mostly lower on weaker China factory data

Shares have opened mixed in Europe as markets recovered from shocks of recent elections across the region

17.06 / 09:01

UPS Align wellness country travelers Schools Interviews 'Marwari' school of business keeps 3 generations of Ruia family under one roof

Essar's Ruia family seems to be an exception. Three generations of the Ruia family — founder brother Shashi and Ravi Ruia, their children and grandchildren — continue to live under one roof and jointly run the business empire. They share the family homes in Mumbai, Delhi and London as well as business that now spans energy, metals and mining, infrastructure and logistics and technology and retail.

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