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Is Snapchat the new Facebook?

Snapchat

Snapchat hopes its planned flotation in New York will value the five-year-old photo-sharing app company at up to $25bn (£20bn) and turn its 26-year-old founder, Evan Spiegel, into the world’s youngest billionaire with a $5.5bn fortune.

Janus Henderson to have headquarters in London

London At Night

The biggest asset management deal since the Brexit vote, bringing together Anglo-Australian group Henderson and Janus Capital of Denver, is to have its headquarters in London in a signal that the City remains at the heart of the world’s financial system.

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