s the City of London going to hell in a Brexit handcart? If you believe so, you might point to the growls from the bankers in Davos about shifting jobs to the continent. We could move 1,000 roles, says HSBC, with Paris the main beneficiary. Same figure for us, replies UBS, but possibly Frankfurt and Madrid. Meanwhile, Goldman Sachs is stalling on its plan to
Rolls-Royce, which this week agreed to pay £671m in penalties after admitting it had engaged in corruption, lobbied ministers to weaken proposed curbs on bribery a decade ago. The effort to dilute anti-bribery regulations was conducted under the leadership of Sir John Rose, the firm’s chief executive until 2011, who is facing calls from Labour to be stripped of his knighthood after the bribery settlement.
Why did Beijing decide to let the yuan depreciate? That question has vexed economists and investors alike in recent days, setting off a desperate search for clues in the scant communications emanating from the People’s Bank of China. Two theories have emerged: It was, some say, a landmark reform that will allow market forces more influence over China’s currency; others argue it was a naked
Steven Mnuchin, Donald Trump’s pick for Treasury Secretary, assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California’s largest bank. However, housing advocacy groups criticised OneWest for being too quick to foreclose on struggling homeowners. Under Mnuchin’s watch the bank made 36,000 foreclosures. However, in testimony for his confirmation hearing today,
Google not only updates its algorithm every time to respond the searchers’ intentions, even trying to guess what they want to find out, they also make lot more fun in their interface. We all know their interface follows popular world events, people, figures not only worldwide, but narrowing down to nation, country, personality. Wow, we just can’t see us away from Google yet, because they