New tough-talking European competition bulldog Margrethe Vestager may already have Google, Apple and Amazon quaking, but City Spy has spotted her secret weapon.
The politician who inspired the “Danish West Wing”, Borgen, is a knitter with attitude.
The no-nonsense regulator is known for knitting multicoloured elephants in meetings and is even auctioning one at an event at the Danish Seamen’s Church in Brooklyn, New York, on Sunday.
Tech giants watch out: you’re in for a needling.
Libor’s no worry for Deutsche’s juniors
It’s all in the timing at Deutsche Bank. Rumours of disgruntlement in the ranks of its junior M&A arm in London have been rife.
But good news arrives this week as it emerges that junior staff are to receive a pay rise (third-year bankers will have to get by on a measly minimum of £95,000), following in every other US bank’s wake.
That’ll have sweetened the pill for its youngsters as they Snapchatted its $2.5 billion Libor fine headlines yesterday, no doubt.
Property firms please with pie
Pity the shareholders at BP who have complained they got sandwiches rather than hot meals at the oil giant’s AGM last week.
No such austerity in the well-fed property industry.
Yesterday saw property companies Welput and Quintain host a lavish Best of English lunch for the likes of West End agents Colliers International and Strutt & Parker.
They tucked into shepherd’s pie after touring the plush new 3 St James’s Square building.
Meanwhile, BP shareholders were reminded of its woes with another £300 million sell-off in the North Sea.
A bitter sandwich filling indeed…
