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Chesapeake Energy makes statement following 50% drop in share prices
Chesapeake Energy, the second-largest natural gas producer in the United States, plunged as much as 50% on Monday 8th after multiple reports that it had hired restructuring attorneys.
Chesapeake shares fell from $2.05 to $1.01, with…
UK businesses spend £1.2 million recovering from a cybersecurity breach says new research
Most business decision makers in the UK admit that their organisation will suffer from a cyber security breach at some point. They also anticipate that to recover from a breach would cost upwards of £1.2 million on average for their…
The Pound is falling against the Euro and USD
Families planning to escape the UK’s wet weather this half-term and Easter may want to budget carefully. In a budget squeezing double whammy, there are just 30 days between the two school holidays and the Pound has sunk by almost 8% against…
FCA fines former Head of JP Morgan’s CIO International for failing to be open and co-operative
The Financial Conduct Authority (FCA) has today fined Achilles Macris £792,900 for failing to be open and co-operative with the Authority. Mr Macris was Head of CIO International for JPMorgan Chase Bank, N.A. in London. In the role he was…
Dunedin investing in Alpha Markets Consulting
The UK mid-market private equity house Dunedin has announced that it has made an £80 million investment in Alpha Financial Markets Consulting (“Alpha”) which will assist with the consulting firm’s continued growth into new sectors and new…
Business Insight: Nick England, CEO of VFX Financial PLC
VFX Financial PLC (VFX) is a UK based provider delivering Foreign Exchange and regulated payment and remittance services to a wide range of customers. The mix of clients is broadly split into Corporate and HNW and Private Clients.…
Business Insight: Mark Evans, CFO of O2
In the second edition of our special CFO insight interviews in 2016, Finance Monthly spoke to Mark Evans, Chief Financial Officer of Telefonica UK. Telefonica UK owns the O2 brand, as well as giffgaff and a share of the Tesco Mobile joint…
Fintech underpins the 4th industrial revolution
In the November edition of Finance Monthly, Grow Advisors explained how the fastest growing application in fintech today is online lending. In this month’s edition they highlight some discussion that took place at the 2016 World Economic…