London

Why Sarbanes-Oxley is not sending companies to London

Posted by SoxFirst

Economic experts have found that Sarbanes-Oxley has not produced an exodus of companies to London. It’s just a case that here are simply fewer companies of the type that would typically pursue an NYSE listing.

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The haves and the have yachts

Posted by SoxFirst

With all the money sloshing into London, the ranks of the mega-rich are growing. So is the number of billionaires around the world.

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77 sq. feet for $335K? Welcome to London

Posted by Jeff from MSNBC

Sounds like something only disgraced NYC Police Chief Kerrick would love: Location, location, location. Almost anywhere else, the tiny dilapidated studio wouldn’t attract much more than mice. But this is London and the 77-square-foot former storage room — slightly bigger than a prison cell and without electricity — is going for $335,000.

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Wall Street more likely to dodge compliance

Posted by SoxFirst

Employees on Wall Street are much more aware of the regulatory compliance culture and electronic monitoring of their email than their counterparts in London. But they are also more likely than their English colleagues to try and get around the controls.

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Call for liability caps

Posted by SoxFirst

The push by the big accounting firms to get more protection from damages claims has gained momentum with a study from London Economics. It argues that n Arthur Andersen style action against one of the big four - KPMG, Ernst & Young, PwC and Deloitte - could pose a threat to financial stability of the wider economy and damage markets.

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Whale on London's Thames appears hurt

Posted by Jeff from MSNBC

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Witnesses report explosion north of London

Posted by Jeff from Seattle Post-Intelligencer

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