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HSBC, KPMG, and Deutsche Bank reveal hybrid plan for workers return to Birmingham city centre offices
Firms are preparing for workers to return to the office, as well as continue to work from home on other days, after the Government eases Covid restrictions on July 19
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Some of Birmingham s biggest office based firms have outlined their plans for home workers to return to city centre offices after Covid restrictions are set to ease within two-weeks.
Snow-hillBirminghamUnited-kingdomMidlandsLeicestershireIan-stuartMinster-boris-johnsonOnathan-wallisBoris-johnsonDeutsche-bank-birminghamWhile-deutsche-bankA-deutsche-bank(Bloomberg) BNP Paribas SA relied on lower provisions for bad loans and a resurgence of its equities business to boost earnings as its fixed-income traders missed out on a global rally.Revenue from buying and selling fixed-income securities, currencies and commodities slumped 17% in the first quarter, compared with a gain of the same size at the biggest Wall Street banks. But in a reversal from a year earlier, equities trading more than offset those declines as it rebounded from steep losses on complex derivatives. The business of advising on stock and bond issuance also benefited from a surge in demand.While profit beat analysts’ estimates as the bank set aside less than expected for souring loans, the uneven trading results highlight the challenge for Chief Executive Office Jean-Laurent Bonnafe ask he seeks to boost revenue at the markets unit. The bank in February promoted investment banking head Yann Gerardin and top retail banker Thierry Laborde to co-chief operating offi
GermanyFranceFrenchGermanThierry-labordeYann-gerardinBloombergWhile-deutsche-bankDeutsche-bankOffice-jean-laurent-bonnafWall-streetChief-executive-office-jean-laurent-bonnaf Image source: Getty Images
Air Canada(TSX:AC) stock is continuing to rally for the fourth week in a row. On Monday, its stock rose 4.4% after ending the previous week with solid 7.6% gains. With this, the airline stock has inched up by 25% in February so far. Let’s take a closer look at what factors could be driving its recent gains. Then we’ll discuss whether it’s a good stock to buy right now.
Air Canada stock rally
On Monday, Air Canada’s sharp gains came after
Deutsche Bank upgraded its outlook for the airline sector. Deutsche Bank analyst Michael Linenberg believes “COVID cases, hospitalizations, and vaccination rates are all trending in the right direction.” The upgrade triggered a rally in most airline sector stocks yesterday in the U.S. and Canada.
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