author - oman observer

With an eye on a top three position in the country’s wealth market, HSBC UK has shrugged off competition from digital challengers for mass affluent money. Having only recently added features like...

Unemployment has ticked up despite a fall in April’s data as it was shown that the UK jobs market weakened in the last quarter. The Office for National Statistics (ONS) said the UK unemployment rate...

Grant Thornton accountancy firm plans to increase UK graduate recruitment by 30 per cent this year, reversing a trend among professional services firms under a growth strategy fuelled by private...

The Diversity Project, the initiative set up a decade ago to champion inclusivity across the investments and savings industry, has changed its name in response to the global pushback against...

Some of UK’s largest business groups have urged the business secretary not to scrap a body responsible for scrutinising business regulation, saying it plays a “fundamental” role evaluating the...

Britain’s financial services sector rebounded in the first three months of this year powered by the fastest single-quarter recovery since 1996, a closely watched survey found. According to the...

While the spotlight is often on the funding gap facing female founders, one industry veteran is urging a shift in focus. Sam Smith, the former chief executive of Finncap (now Cavendish Financial),...

Hundreds of civil servants at the Department for Works and Pensions (DWP) could be forced to leave the UK due to “cruel” visa rule changes. At least 1,500 benefits and Job-Centre staff from...

Business confidence in the future of UK economy has plunged to a record low as company directors fear the war will have damaged investment plans and increase costs, a leading survey has found. ...

Mindful of moving toward gender equality throughout the European Union, Ireland has made much progress in that direction. Female representation on the boards of Ireland’s largest listed companies...

Despite senior money managers increasingly head to Dubai and Abu Dhabi, experts say Paris has strengthened its position as a global hub for quantitative talent. Among the biggest names currently...

Launched in November 2021, the on-line Bank of London remains under investigation by City watchdogs and faces “significant doubts” over its future, latest accounts show, as losses mount at the...

Financial services firms have enlisted geopolitical advisors for issues from cyber defence to evacuation support. Risk advisory firms have been drafted in by banks, asset managers and law firms to...

The Financial Conduct Authority has written to more than 250 asset managers as part of its work to stamp out money laundering. It was reported that the watchdog, based in the financial district in...

European stock exchange operators are poised to strike a flurry of M&A deals this year as they look to integrate the region’s capital markets and diversify their businesses. Exchange chiefs have...

The UK economy is set to grow at a slower pace than the average across advanced economies in each of the next two years, the International Monetary Fund (IMF) has said, in a warning on the Labour...

Wall Street bank executives still expect a 2026 dealmaking boom despite a mixed quarter for investment banking fees, with many looking to grow their teams. JPMorgan’s surprise 5 per cent decline in...

Among a group of standout winners from Europe’s booming ETF (Exchange Traded Fund) market last year, were UBS Asset Management and VanEck, with the duo more than doubling net inflows. An ETF, a type...

The global economy has been ‘markedly more resilient than expected’ against a hostile backdrop of geopolitical and trade uncertainty, according to the World Bank which has upgraded its growth...

Investment banks are poised to step up hiring and raise bonuses within their markets’ businesses as they reap the benefits of a sustained uplift in trading revenue. Banks are likely to allocate...