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.
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.
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.
The head of the City of London authority said the threat of U.K. exit from the European Union is a “sword of Damocles” creating uncertainty for business, a day before a conference to debate changes to the bloc.
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.