Citigroup Promotes Grinups to Lead Nordic Corporate Banking
Citigroup has appointed a new head for its Nordic corporate banking division, signaling strategic focus on the region's financial markets and client services.
Category : Corporate
Lutnick Testifies to Congress on Epstein Links
Howard Lutnick, CEO of Cantor Fitzgerald, testified before Congress regarding his connections to Jeffrey Epstein, facing intense scrutiny over financial and personal ties.
Ticketmaster Antitrust Trial Begins Over Concert Tickets
The trial against Ticketmaster has commenced, focusing on allegations of monopolistic practices in the concert ticket market, with potential implications for pricing and consumer choice.
Greggs Fights Investor Doubts Amid Aggressive Expansion Strategy
Greggs CEO Roisin Currie defends the bakery chain's rapid growth and menu diversification as it becomes Britain's most-shorted company, with short interest exceeding 14%.
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JPMorgan Names New Leaders for Securities Services Sales
JPMorgan Chase has announced new leadership appointments for its securities services sales division, aiming to enhance client engagement and drive growth in this critical financial sector.
Tesco Staff Get £134m Windfall from Share Scheme
Over 22,000 Tesco employees are set to receive significant payouts averaging £5,000-£8,000 each from a £134 million employee investor scheme windfall, following recent head office job cuts.
Tesco Workers to Receive £134 Million Share Scheme Payout
Thousands of Tesco employees are poised to receive substantial payouts ranging from £5,000 to £8,000 each through the company's save-as-you-earn share scheme, totaling £134 million.
Accountancy Lags Behind Law in Gender Equality at Top
New data reveals UK accountancy firms significantly trail legal firms in female representation at board and partnership levels, with only 50% having at least one woman in senior leadership compared to 71% in law.
BrewDog Takeover by Tilray Cuts 500 Jobs, Hits Investors
American cannabis firm Tilray acquires BrewDog for £33m, resulting in 484 job losses and 38 bar closures. Crowdfund investors face total loss as administrators confirm no payout.
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McDonald's CEO's Awkward Taste Test Sparks Viral Mockery
A video of McDonald's CEO Chris Kempczinski awkwardly tasting the new Big Arch burger has gone viral, with social media users mocking his forced demeanor and corporate language.
BrewDog Closes 38 Bars, 484 Jobs Lost in US Takeover
BrewDog announces the closure of 38 bars and 484 job losses despite a £33 million rescue takeover by US firm Tilray Brands, which will preserve 733 UK jobs.
BrewDog Bars Close Temporarily Ahead of Imminent Sale
BrewDog has closed all its bars globally for a day as the craft beer company finalizes its sale process, with an announcement expected imminently. The closure affects 72 bars worldwide.
Tilray Buys BrewDog UK Assets, 38 Bars to Close, 500 Jobs Lost
US cannabis and drinks giant Tilray purchases BrewDog's UK and Irish operations for £33 million, preserving 733 jobs but closing 38 bars and leaving early crowdfunders empty-handed.
Tilray Buys Brewdog for £33m as Founder Loses Bid
American cannabis and brewing group Tilray Brands has purchased craft beer giant Brewdog for £33 million, acquiring its global brand, UK brewing operations, and eleven bars across the UK and Ireland.
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Tilray to Buy Brewdog for £40 Million in Pre-Pack Administration
American cannabis and brewing group Tilray Brands is set to acquire craft beer giant Brewdog for £40 million, with co-founder James Watt reportedly losing out on a comeback bid. The deal includes Brewdog's brands, Aberdeenshire brewery, and international
Men Twice as Likely as Women in Top Earners, Report Shows
Australia's Workplace Gender Equality Agency reveals men are 1.8 times more likely than women to be top earners, with minimal progress on closing the gender pay gap in the past year.
HSBC Names Ex-CBI Chief Carolyn Fairbairn as UK Chair
HSBC has appointed Dame Carolyn Fairbairn, former director-general of the Confederation of British Industry, as the new chair of its UK operations, replacing Dame Clara Furse.
BNP Paribas Names El Harrar as Technology ECM Head
BNP Paribas has promoted Youssef El Harrar to lead its technology equity capital markets division, a strategic move to strengthen its position in the competitive London financial sector.
CMA Probes Hilton, Marriott, IHG Over Data Analytics Tool
The Competition and Markets Authority has launched an investigation into major hotel chains including Hilton, Marriott, and IHG over their use of the STR data analytics tool, which may enable coordinated behavior among rivals.
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Santander Names Nicola Bannister TSB CEO Before Takeover
Santander has appointed Nicola Bannister as the new chief executive of TSB Bank, positioning her to lead the integration as the Spanish banking giant prepares for its £2.6 billion acquisition of the high street lender.
UK Watchdog Investigates Hilton, Marriott, InterContinental Data Sharing
The UK's Competition and Markets Authority is investigating Hilton, Marriott, and InterContinental Hotels Group over alleged data sharing practices that could harm competition in the hospitality sector.
James Watt Exits Brewdog Bid as Sale Process Accelerates
Scottish entrepreneur James Watt has reportedly withdrawn his bid to buy Brewdog, ending speculation about his return to the craft beer company he co-founded. The sale process could conclude as soon as Monday through a pre-pack administration arrangement.
UniCredit Banker Bonuses Fall 19% to €299,000
UniCredit's leading investment bankers saw their average bonuses decline by 19% to €299,000, reflecting broader financial sector pressures and regulatory scrutiny.
DC Advisory Hires Alantra Partner for Tech Deals
DC Advisory has appointed Alantra partner James Parker to lead its technology sector dealmaking, aiming to expand its presence in the competitive UK market.
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Credit Suisse Collapse Shakes Swiss Wealth Management
The collapse of Credit Suisse has sent shockwaves through Switzerland's wealth management sector, raising questions about its future competitiveness and stability in global finance.
Blankfein Slams 'Crazy' Push of Retail into Private Credit
Former Goldman Sachs CEO Lloyd Blankfein has condemned a strategy to direct retail investors into private credit, labeling it as 'crazy' and warning of significant risks.
City of London Bucks Private Sector Decline Trend
While UK private sector activity faces decline, business and professional services in the City of London show strongest performance since 2024, according to CBI data.
Business Confidence Slumps Before Spring Statement
New research reveals business confidence has dropped significantly in February as directors express frustration with the UK economy, employment taxes, and regulatory burdens ahead of the Spring Statement.
Europe's Top 20 Dealmakers Revealed in Corporate Finance
A comprehensive analysis identifies the leading dealmakers across Europe, highlighting their roles in major mergers, acquisitions, and corporate transactions shaping the financial landscape.
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Major Banks Order Gulf Staff to Stay Home After Iran Strikes
Goldman Sachs, Citigroup, and JPMorgan Chase have directed employees in Gulf regions to work from home following recent strikes by Iran, prioritizing safety amid heightened tensions.
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