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War for Asia talent pushes banks to boost plans to retain women

Bloomberg There’s still plenty of long hours, hard work and heavy travel. But global investment banks in Asia that want to retain and promote women have been offering more incentives for them to return to work and stay in senior jobs—and bumping up the numbers of women in their management ranks as a result. Women account for 13 percent of ...

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EU offers UK ‘equivalence’ for financial services

Bloomberg The European Union will consider offering the UK “improved equivalence” for financial services after Brexit, according to the latest draft of the bloc’s negotiating position, a system Britain has rejected as “wholly inadequate.” It’s not clear what “improved” would mean. What is clear is that the EU is rejecting the UK’s bid for its banks to have access to ...

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UK seeks warrant to search Cambridge Analytica

Bloomberg The UK’s privacy watchdog said it’s requesting a search warrant to comb the offices of Cambridge Analytica as part of an investigation into allegations the firm retained information on millions of Facebook users without their consent. Cambridge Analytica failed to respond to an access request by the Information Commissioner’s Office, forcing the authority to seek a warrant “to obtain ...

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