Monthly Archives: December 2012

Lucy Kellaway says lessons learnt from family life can pay off at work

 

After Standard Chartered’s announcement that it will pay an additional $330m to resolve investigations into US sanction breaches and a deal expected from UBS in the next few weeks over the Libor scandal, the banking team asks why lenders are rushing to reach settlements with regulators. They also discuss the consequences for Deutsche Bank after it emerged that three former employees told regulatory authorities that the bank hid up to $12bn of paper losses during the financial crisis.

 

As debate over the fiscal cliff continues and doubts linger over the US’s economic recovery, the market is unsure how to react. Clive Dennis, head of currencies at Schroders, thinks there’s a high chance that the US will go over the fiscal cliff. He talks to currencies correspondent Alice Ross about the impact of this scenario, and the release of payroll figures, on the greenback. Also under discussion is the euro, which is back below $1.30, on expectations of an interest-rate cut by the ECB early next year.

 

FT Money talks to John Whiting, tax policy director at the Chartered Institute of Taxation about how the chancellor’s Autumn statement will affect you.

 

When European leaders resolved to finally solve the eurozone crisis, they swore that that a banking union would be a crucial part of the solution and that agreement would be in place by the end of this year. But with the latest negotiations bogged down, what’s happened and does it pose a threat to financial stability in Europe? Patrick Jenkins, banking editor, and Alex Barker, Brussels correspondent, join Gideon Rachman to discuss.

 

In this week’s podcast:

How are companies coping with IT budgets that are, at best, flat? And how can smart technology help funds go further? We speak to Ernst & Young, Gartner and YouGov about ensuring that IT is effective, and pays its way.

 

Lucy Kellaway says it is a nonsense to boil down something as qualitative as influence into a single number

 

Companies in this sector have been far from reticent this year with dealmaking despite difficult market conditions. Anousha Sakoui, the FT’s M&A correspondent, travels to San Francisco to find out how the fallout from this year’s Facebook initial public offering is affecting US dealmaking. She talks to Anthony Armstrong, co-head of Americas M&A at Credit Suisse and is joined in the studio back in London by Jonathan Stankler, head of European technology M&A at KPMG.

 

The announcement that Mark Carney will take over as the governor of the Bank of England next year came as a surprise to many. But what does the market think of his appointment and will he change his executive team? Also discussed are the latest developments in the libor scandal as Deutsche Bank provisions for a potential settlement, and concerns from the Bank of Tokyo-Mitsubishi’s chief executive over the state of Japanese government bond investments

 

The announcement that Mark Carney will take over as the governor of the Bank of England next year came as a surprise to many. But what does the market think of his appointment and will he change his executive team? Also discussed are the latest developments in the libor scandal as Deutsche Bank provisions for a potential settlement, and concerns from the Bank of Tokyo-Mitsubishi’s chief executive over the state of Japanese government bond investments