Sideways: Bloomberg

Sideways: Bloomberg's billion-dollar US election bet

November 29, 2019
By JON MACASKILL

Wall Street leaders alarmed by the prospect of a populist anti-finance president such as Elizabeth Warren or Bernie Sanders were given some hope when Michael Bloomberg declared his candidacy for the Democratic nomination.

2020: The year women will take Wall Street

2020: The year women will take Wall Street

November 01, 2019
By JON MACASKILL

Next year promises to be such an exciting year in banking that our resident soothsayer, Mystic Maca, couldn’t wait to share his predictions…

Sideways: WeWork hasn’t worked

Sideways: WeWork hasn’t worked

October 14, 2019
By JON MACASKILL

The fiasco of the failed IPO of WeWork has embroiled some of the most prominent figures in global finance, including SoftBank chairman Masayoshi Son and JPMorgan chief executive Jamie Dimon.

Sideways: Buffett and Icahn – old dogs stick to old tricks

Sideways: Buffett and Icahn – old dogs stick to old tricks

June 04, 2019
By JON MACASKILL

Veteran investor Carl Icahn has filed a lawsuit accusing Occidental Petroleum chief executive Vicki Hollub of being played by Warren Buffett in accepting aggressive terms for a $10 billion financing from Berkshire Hathaway to complete an agreed bid of around $56 billion for Anadarko.

Macaskill on markets: Apple and the IT spending serpent

Macaskill on markets: Apple and the IT spending serpent

June 03, 2019
By JON MACASKILL

As technology spending escalates, financiers now face a temptation to reframe costs as an investment in future growth, safe in the knowledge that it is extremely difficult to check their assertions.

Sideways: Priam and the AI Trojan horse

Sideways: Priam and the AI Trojan horse

May 03, 2019
By JON MACASKILL

Bank of America is reportedly excited about the potential of a tool it calls the Predictive Intelligence Analytics Machine, or Priam.

Sideways: Deutsche Bank

Sideways: Deutsche Bank's Garth Ritchie – the Brexit thinker

April 03, 2019
By JON MACASKILL

The news that Garth Ritchie, head of investment banking at Deutsche Bank, is being paid €250,000 a month for extra responsibility 'in connection with the implications of Brexit' has been condemned in Germany, where politicians and union leaders are preparing to oppose a potential merger with Commerzbank and associated job cuts.

Sideways: JPM Coin – to ubiquity and beyond!

Sideways: JPM Coin – to ubiquity and beyond!

February 28, 2019
By JON MACASKILL

JPMorgan is trying to advance its master plan for global fintech domination with a discipline that is often lacking in a sector better known for wildly over-promising than actually delivering practical solutions.