Morning Coffee: Goldman Sachs’ warning as trading jobs disappear to algorithms The power trader who was headhunted by Mike Platt

If you’re an FX trader, it’s been a tough 20 years. Bloomberg says NatWest Group, once home to some of London’s top FX traders, has cut the number of people dedicated to G-10 FX trading by 70% over the past two decades. The trading jobs have disappeared, but a different kind of job has taken … Read more

‘It’s just coffee shops, nail salons and a bunch of thugs’

A charity volunteer has condemned the state of the city centre after he was attacked by two youths while shopping. Anthony Boxell, 51, says Ashford is now all “coffee shops, nail salons and a bunch of criminals” after he was mugged at Park Mall. Anthony Boxell has condemned the state of Ashford town centre after … Read more

Garmin is launching the new Edge 1050 computer, and you can buy your coffee with it

Garmin Edge 1050

Garmin today launched the new Edge 1050 cycling computer, which the brand says is ‘the clearest and smartest cycling computer ever’. The Garmin Edge 1040 Solar is listed in our best bike computer buyer’s guide, and we understand it will still exist as a solar option alongside the Edge 1050, which we hope to get … Read more

Morning Coffee: JPMorgan bonuses can be increased fivefold. Goldman Sachs could rise 12.5x. A London banker wants to take on the US and save the world

The Brexit bonus is baaack JPMorgan. The bank has decided to take advantage of amended UK legislation to allow the payment of bonuses of up to ten times basic salary to risk takers (senior staff) at its London branch (compared to twice under the old, EU derived regulations). It is similar to, although subtly different … Read more

A Lucky Gamble and Unlimited Coffee: How Nvidia Became the Most Valuable Company in the World

Nvidia CEO Jensen Huang present NVIDIA Blackwell platform at an event ahead of the COMPUTEX forum, in Taipei, Taiwan June 2, 2024. REUTERS/Ann Wang

Name a major tech brand – from Google to Amazon to Tesla to ChatGPT – and chances are Nvidia is involved in some way. The company – which makes computer chips – may not be a household name in Britain, but it has just surpassed Microsoft and Apple to become the biggest. most valuable listed … Read more

Morning Coffee: JPMorgan analyst hack comes to juniors at Wells Fargo. Balyasny’s British team will take a heavy pay cut

JPMorgan’s investment banking analysts are now largely back in the office. But when that wasn’t the case and they complained about attempts to monitor their diligence at home, they found a way around the bank’s surveillance systems: mouse pushers. Get morning coffee ☕ in your inbox. Register here. Mouse jigglers were first reported to JPMorgan … Read more

Morning Coffee: MD banker accused of hitting women preaches common sense to juniors. The extreme competitiveness of Goldman Sachs MDs

52-year-old Managing Director (MD) Jonathan Kaye of Moelis & Co. didn’t have a good weekend. Whether or not he is the man in the social media video who punched a woman in the street during Brooklyn Pride on Friday night and was told, “You’re an asshole, you’re a horrible person,” he’s been referred to as … Read more

Starbucks: Are there problems at the coffee giant? – BBC news

Image source, Getty Images Item information Author, Natalie Sherman Role, BBC news Reporting from New York 4 hours ago Andrew Buckley, a self-described “mocha man,” recently ditched his Starbucks habit after the company’s latest price increase pushed the cost of his drink above $6. The 50-year-old, who works in tech sales in Idaho, had been … Read more

Morning Coffee: The 37-year-old former CFA Charterholder earns $6.8 million as ‘ferocious’. Goldman Sachs has made cuts in Europe

He’s not exactly Bill Ackman, who yesterday acquired a net worth of $8.5 billion after selling a stake in his hedge fund, Pershing Square Capital Management, but after two years of doing little, Keith Gill, aka Roaring Kitty, it’s not bad either. Get morning coffee ☕ in your inbox. Register here. Estimates suggest he has … Read more