The new Lord Mayor of London, Fiona Woolf, the second woman to hold the honorary post in 800 years, warned the U.K. capital’s financial district it will lose out if more talented women don’t reach the tops of companies.
Fiona Woolf, the second woman to head the City of London in 800 years, said bankers in her district must keep working to regain the public’s trust and backed the Bank of England’s latest move to support lenders.
Marisa Drew, Credit Suisse Group AG’s most senior female investment banker in Europe, expects it will take at least five years before women start to gain a greater share of senior positions in the industry.
Roger Gifford, Lord Mayor of the City of London, said the U.K. capital is working to maintain its attractiveness as a base for financial firms amid efforts to overhaul the country’s banking regulations. He spoke in an interview in Mexico City on July 18.
Romania will attract 1 billion euros ($1.3 billion) in infrastructure from an international group, Nick Anstee, the Lord Mayor of the City of London said, after he held meetings with investors in Bucharest.
Last weekend was a pretty good weekend to be young in Belfast. On Saturday, the city’s new Lord Mayor, Niall O Donnghaile of Sinn Fein, hosted his first Lord Mayor’s parade. O Donnghaile is 26, the youngest person to hold the office in Belfast’s 400- year history.
Bank of England Governor Mervyn King will return to the scene of some of his most acidic public encounters today for the annual occasion that helped define his relationship with Britain’s banking industry.