Penny Sukhraj, Financial News

Penny Sukhraj

Financial News

United Kingdom

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Past:
  • Financial News

Past articles by Penny:

EY’s top-earning partner pay jumps 15% to £4.7m

Average distributable profit per partner increased to £803,000 from £749,000 → Read More

Credit Suisse Asset Management hires ex-HSBC stewardship head to lead active ownership

Christine Chow will report to Credit Suisse’s global head of sustainable investing Jeroen Bos → Read More

Davos debrief: What the World Economic Forum taught us about ESG, remote working and more

FN's weekly sustainable finance letter rounds up the best of the World Economic Forum and the latest developments in ESG → Read More

BlackRock plans to lay off 500 staff among global workforce

The dismissal amounts to about 2.5% of BlackRock's total staff → Read More

LME told to tighten volatility controls to stop another nickel crisis

Independent review tells the exchange it needs to overhaul how it supervises markets after last year's nickel short squeeze → Read More

London Metal Exchange chair Gay Huey Evans steps down

Evans will continue to support the board and executive until a new chair has been appointed → Read More

New Year Honours 2023: Alison Rose, Tom Scholar, Dawid Konotey-Ahulu make prestigious list

Find out which City luminaries were awarded titles this year → Read More

Deloitte to roll out climate change clause in client contracts

Deloitte’s legal teams are working towards including Clause Zero 'on all relevant engagements' → Read More

PTSD, divorce and £1.5m in legal fees: Libor rigger Tom Hayes’ battle for innocence

Convicted for manipulating the influential interest rate, Hayes says he never got to say goodbye to his son or explain why he was suddenly going to prison → Read More

Businesses and TUC plead with UK government to scrap plans to burn up EU rules

Groups representing both businesses and workers argue the move would see decades of case law upended, resulting in the interpretation of the law becoming highly uncertain → Read More

British financier Evelyn de Rothschild dies aged 91

Sir Evelyn turned his hand to philanthropy after being knighted by the Queen in 1989 → Read More

Liz Truss stands down after 44 days as UK prime minister

Truss has faced daily calls to step down, following a disastrous mini-budget that sent the pound plummeting with a market fiasco that forced the Bank of England to intervene with a bond-buying programme → Read More

Credit Suisse dealmaking chief Christian Meissner set to exit as bank readies overhaul

Full details of Meissner’s departure are expected in the bank’s 27 October strategic review → Read More

Chancellor Kwasi Kwarteng confirms sacking in a tweet

Kwarteng is now on record for serving the shortest time as chancellor → Read More

Bank of England affirms end of bond-buying plan after report of possible extension

'We expect gilt markets to remain volatile ahead of the chancellor’s fiscal plan speech' → Read More

Mohamed El-Erian warns UK to walk back budget or ‘unleash bond vigilantes’

El Erian suggests rewinding the basic cut to income tax, because “that's the one that's really expensive” → Read More

Kwarteng tells bankers to expect Big Bang 2.0 despite market volatility

JPMorgan, Citigroup, Deutsche Bank, Morgan Stanley, Standard Chartered, Bank of America, and UBS all get meeting with chancellor at critical moment for the UK economy → Read More

Bank of England intervenes to buy bonds amid pound chaos: ‘It looks pretty ugly’

Bank of England: 'The purpose of these purchases will be to restore orderly market conditions' → Read More

Kwarteng’s tax cut for City’s wealthiest could sting pension savings

Someone earning £250,000 will benefit by almost £8,000 from a new 40% tax rate for those on the highest incomes → Read More

Will King Charles’s face appear on British coins and bank notes now?

There is currently some £4.5bn-worth of bank notes that bear the Queen’s face in circulation → Read More