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Nasdaq prepares to run markets on Amazon’s cloud
Nasdaq said that next year it plans to begin moving its North American markets to Amazon’s Amazon Web Services cloud-computing platform. The…
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These stores will stay open on Thanksgiving — but many others are closed. Here’s a handy list.
With so many stores closing their doors for Thanksgiving Day, online shopping is poised to hit a new record, according…
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Allen & Overy signs for new City headquarters at 2 Broadgate
Law firm Allen & Overy agreed to move to a new location in the City at 2 Broadgate near Liverpool…
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JPMorgan poaches BNP Paribas’ Graillat to launch new green sales and trading unit
JPMorgan has poached a senior executive from BNP Paribas to run a new sustainability centre within its global markets business,…
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IKEA expands its ‘buy back and resell’ program for used furniture to all U.S. stores
IKEA wants your old furniture. The Swedish furniture company is expanding its “Buy Back & Resell” program for a limited…
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Boutique D’Angelin & Co names first new partner in five years
A boutique founded by the former head of European investment banking at Lehman Brothers has named its first new partner…
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‘It’s really a toy’: Zillow closes home-flipping business. What does that say about the reliability of its Zestimate home-valuation tool?
Zillow’s ZG, -17.05% experiment in home-flipping has blown up in its face — and the company is blaming the “unpredictability” of…
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Boutiques Moelis and Evercore lean more on junior bankers in deal boom
Boutique investment banks are handing more responsibility to junior and mid-ranking dealmakers, and bolstering hiring bankers across the ranks, as…
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Citigroup flags wind down charges after closure of South Korea unit
Citigroup Inc. said it expects to incur significant charges through the end of 2023 from the closing of its South…
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Macy’s is bringing back Santa for in-person visits, but only with a reservation
Santa Claus will be back at select Macy’s Inc. M, +17.51% locations this year to take wish lists in person,…
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Cautious optimism on the road to COP26 climate-change summit
At the beginning of the summer, I noted how the climate-change narrative had changed in recent years, thanks to tremendous technological progress…
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Barclays unveils new Glasgow campus for 5,000 staff
Barclays is set to employ 5,000 people across a series of new offices in Glasgow, as large investment banks increasingly…
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City broker Peel Hunt eyes EU and US growth after £112m London IPO
City broker and mid-market investment bank Peel Hunt will be opening a new office on the continent after Brexit, expanding…
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Bitcoin miners criticised over moves to draw energy from nuclear sources
Bitcoin miners, under fire for their sizable environmental footprint, are forging partnerships with owners of struggling nuclear-power plants with electricity…
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Clayton, Dubilier & Rice win bidding war for Morrisons
A consortium led by US buyout firm Clayton, Dubilier & Rice won the bidding war for UK grocery chain Wm Morrison…
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FCA’s London execs in line for bigger pay cheques than peers in Leeds, Edinburgh
Directors at the Financial Conduct Authority in London could earn up to £114,000 more than their peers in regional offices…
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Weekend reads: What to do if a company you trust has failed to protect your personal data
There’s never a shortage of trouble in the world, but if a data breach causes your personal information to be…
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Amazon plans to open large retail locations akin to department stores
Amazon.com Inc. AMZN, -1.26% plans to open several large physical retail locations in the U.S. that will operate akin to…
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Mubadala Capital expands private equity arm with London team
Mubadala Capital, the investment arm of Abu Dhabi-based sovereign wealth manager Mubadala Investment, is preparing to add private-equity professionals to…
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Linklaters sexual harassment case hears closing arguments
A London employment tribunal has heard closing arguments in the claim of a former contractor at Magic Circle law firm…
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