Latest news from Hitc.com - Business feed

Latest news from Hitc.com - Business feed

  1. Bankrupt Lehman Brothers profits from Formula One sale

    09.21 / 19:01 hitc.com Hitc.com - Business
    Creditors of Lehman Brothers are on track for a turbocharged windfall after the collapsed bank announced it is selling its stake in Nasdaq-listed Formula One auto racing, giving it a payout of $1.5bn from a $300m…
  2. City's top official calls for quick Brexit deal to avoid exodus of jobs

    09.21 / 19:01 hitc.com Hitc.com - Business
    The City of London’s most senior official has told the government it must move fast with its Brexit negotiations or risk an exodus of jobs and damage to the UK’s financial sec…
  3. Nomura continues to strengthen its agency mortgage business with senior hires

    09.21 / 19:01 hitc.com Hitc.com - Business
    Nomura has announced that it has made two senior appointments within its Agency Mortgage business in the Americas as it continues to grow its global client base and increase…
  4. S&P cuts China's credit rating to A+ over rising debt fears

    09.21 / 19:01 hitc.com Hitc.com - Business
    China’s credit rating has been downgraded by Standard & Poor’s amid fears rising debts are adding to economic and financial ris…
  5. UBS boss says trading environment is tough

    09.21 / 10:28 hitc.com Hitc.com - Business
    "This is not an environment that is very good for…
  6. Ex-top firm trader having to get used to prison routine

    09.21 / 10:28 hitc.com Hitc.com - Business
    Jesse Litvak, federal inmate No. 21467-014, is learning the weekday…
  7. SEC reveals 2016 hack that breached its filing system

    09.21 / 10:28 hitc.com Hitc.com - Business
    The SEC revelation comes as Americans continue to grapple with the repercussions of a massive, months-long hack of Equifax, a credit reporting agency, which exposed highly sensitive personal information of 143 million people. The SEC chairman said this breach did not result in exposing personally identifiable…
  8. Ex-Barclays boss bags $46m for Fintech start-up

    09.21 / 08:42 hitc.com Hitc.com - Business
    Ever since Barclays ousted Antony Jenkins as chief executive officer in 2015, he has been warning the banking industry to embrace new technology or face a "Kodak moment" of…
  9. BlackRock gets $1.5bn for Singapore office tower

    09.21 / 08:42 hitc.com Hitc.com - Business
    CapitaLand Commercial Trust, Singapore’s biggest office landlord, agreed to buy BlackRock's Asia Square Tower 2 for S$2.1 billion ($1.5 billion) in the city’s second-largest ever sale of an office bui…
  10. Bank of America Merrill Lynch appoints new co-head of investment bank

    09.21 / 08:42 hitc.com Hitc.com - Business
    Bank of America Merrill Lynch has promoted Jim O’Neil to co-head of its EMEA corporate and investment banking division, the firm told its e…
  11. Europe's private equity trade body advises firms of post-Brexit options

    09.21 / 08:42 hitc.com Hitc.com - Business
    The European private equity trade body Invest Europe has today released fuel for anyone in the industry considering jumping ship from the UK, in the shape of a series of materials advising the industry on how to cope with…
  12. FCA plays down "culture of fear" caused by accountability rules

    09.21 / 08:42 hitc.com Hitc.com - Business
    A director at the Financial Conduct Authority (FCA) today attempted to calm a brewing panic in the financial services industry, after the watchdog extended its accountability regime from banks to the whole of the sector earlier this…
  13. 'One small lie on my CV and my career was over'

    09.14 / 08:45 hitc.com Hitc.com - Business
    Let this be a lesson to any of you jobseekers who are tempted to tell a lie on your…
  14. The Top 10 lies told on Wall Street

    09.14 / 08:45 hitc.com Hitc.com - Business
    Turney Duff takes a look at the top 10 lies told on Wall…
  15. Bloomberg - Former UBS trader charged

    09.14 / 08:45 hitc.com Hitc.com - Business
    A former trader at UBS was charged with conspiracy and fraud over his suspected role in manipulating the price of precious…
  16. Barclays hires Goldman Sachs banker as new head of asset finance trading

    09.14 / 08:45 hitc.com Hitc.com - Business
    Barclays has hired Goldman Sachs’ Matt Weir as its new head of asset finance trading within its newly-created financing resource management d…