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The US recovery story is a fraud: SocGen bear

American flag

Societe Generale's notoriously bearish strategist, Albert Edwards, has poured scorn on the belief that the U.S. economy is recovering and predicts "violent" reactions in asset markets during the second half of 2015.

Deutsche Bank hires heavyweight from JPMorgan

Deutsche Bank - External

Deutsche Bank has announced that it has hired Jeff Urwin, 59, as Co-Head of Corporate Banking & Securities and Head of Corporate Finance. Urwin will become a member of the Group Executive Committee and be based in New York.

RBS appoints new Chairman


Philip Hampton will step down as Director and Chairman of RBS with effect from 31 August 2015. Howard Davies will join the Board at the end of June and assume the role of Chairman from 1 September 2015.



James Dyson interview pic

Technicians: industry’s unsung heroes

Pictured seated in a workshop, visor raised, 20-year-old Sophy Bage gazes resolutely across the room. Hair drawn back tightly into a ponytail, bright yellow earplugs just visible, a small smile steals across her illuminated face. She looks completely at home – and well she might. Because Bage is a welder.