‘Before Covid, WFH was seen as a day at the golf course’: How the pandemic changed the City forever

On a cold, wet morning on 5 March 2020 around 100 equity research analysts were ushered down a fire escape at HSBC’s Canary Wharf headquarters after receiving the news every City firm had been dreading for weeks — one of their team had tested positive for Covid-19. This was the first case of the virus… Continue reading ‘Before Covid, WFH was seen as a day at the golf course’: How the pandemic changed the City forever

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Execs at City watchdog FCA face pay cuts amid fallout from LCF collapse

The City watchdog’s executive committee members face pay and bonus cuts as part of the fallout from the collapse of mini-bond firm London Capital & Finance in early 2019. During a Treasury Committee evidence session on 1 March, the chair of the Financial Conduct Authority’s board, Charles Randell said: “The board did consider what the… Continue reading Execs at City watchdog FCA face pay cuts amid fallout from LCF collapse

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It’s Not A Stock Market Bubble. It’s “A Bubble Of Fear,” Says JPMorgan

Stock market AFP via Getty Images This week, JPMorgan JPM hosted a virtual meeting in which its top strategists went over the most important trends driving the stock market in 2021. Here are the key takeaways. The stock market is a little frothy around the edges—but it’s not a bubble. Let’s begin with the most… Continue reading It’s Not A Stock Market Bubble. It’s “A Bubble Of Fear,” Says JPMorgan

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Nissan spies electric opportunity in precious metals surge

First, it was the coronavirus pandemic, then the semiconductor shortage. Now, Nissan is wrestling with a surge in the prices of precious metals that threatens to derail the global car industry’s rebound from Covid-19. The steep rise in the prices of metals such as rhodium and palladium, which are critical components in catalytic converters for… Continue reading Nissan spies electric opportunity in precious metals surge

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BMO, Scotiabank see economic winds favouring U.S. amid speedier vaccine rollout

Two of Canada’s biggest banks see a brightening economic picture in 2021, but expect the country’s recovery to lag that of the United States, where the rollout of COVID-19 vaccines has been more rapid. The improving overall economic outlook helped both Bank of Montreal and Bank of Nova Scotia report better-than-expected earnings for their fiscal… Continue reading BMO, Scotiabank see economic winds favouring U.S. amid speedier vaccine rollout

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SKYCOIN/USD LONG HoldSetup for BINANCE:SKYUSD by hyryda

SKYCOIN/USD Crypto Setup LONG BUY. 🔮 Daily and 4 Hour BULLISH Gartley . 🔮 Pattern (corrective) occurring after a bullish run up (impulsive) which broke above CRTICIAL SUPPORT/RESISTANCE . 🔮 Broken above Resistance and now testing it as Support to confirm uptrend. 🔮 Bullish Gartley Pattern Completion occurring at the CRITICAL SUPPORT which once broke… Continue reading SKYCOIN/USD LONG HoldSetup for BINANCE:SKYUSD by hyryda

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Market snaps 5-day losing streak, Nifty holds 14,700-level

Nomura in its report, said, “Our base case construct assumes stronger growth over the medium term, driven by government policies and reasonably supportive monetary policy.” The benchmark indices just about ended the day in the green on Tuesday. After tumbling 5% in the previous five trading sessions, the 50-share Nifty rose 32.1 points (0.22%) to… Continue reading Market snaps 5-day losing streak, Nifty holds 14,700-level

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#LaserEyes meme campaign goes viral on Twitter in apparent bid to double bitcoin price to $100,000

Numerous Twitter TWTR, +3.80% users including Tesla TSLA, -2.19% CEO Elon Musk and investor Tyler Winklevoss are changing their profile pictures to include laser eyes in an apparent nod to the cryptocurrency bitcoin, whose price on Tuesday did not seem to be registering the boost. The move — in which users change or edit their… Continue reading #LaserEyes meme campaign goes viral on Twitter in apparent bid to double bitcoin price to $100,000

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Signal sees ‘record pace’ of new users as WhatsApp goes ahead with controversial privacy update

New users are flocking to the encrypted messaging app Signal “at a record pace”, as WhatsApp pushes forward with a controversial privacy policy update. A new set of terms and conditions from WhatsApp, under which it makes clear how it collects and shares certain user data, are set to come into effect on 15 May despite backlash. The terms… Continue reading Signal sees ‘record pace’ of new users as WhatsApp goes ahead with controversial privacy update

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‘Excessive stimulus’ puts value stocks on track to outperform growth over next 4 years, says Stifel’s Bannister

There isn’t a lot of upside from here for the S&P 500, but value stocks could solidly outpace their growth peers over the next four years as “excessive stimulus” fuels a commodity boom, a veteran Wall Street strategist argued Monday. “As reflation occurs with excessive fiscal stimulus, rising money supply lifts commodities, a positive for… Continue reading ‘Excessive stimulus’ puts value stocks on track to outperform growth over next 4 years, says Stifel’s Bannister

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