Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Britain’s Global Investment Summit draws top banking bosses

by Jessica Weisman-Pitts
0 comment
2023 11 13T163324Z 2 LYNXMPEJAC0CY RTROPTP 4 USA DEBT

Britain’s Global Investment Summit draws top banking bosses

LONDON (Reuters) – JP Morgan’s Jamie Dimon and Goldman Sachs’ David Solomon will attend Britain’s Global Investment Summit on Nov. 27, the government said on Monday, as it seeks to attract greater global capital to UK companies and markets.

Blackstone Chief Executive Stephen Schwarzman is also expected to join Prime Minster Rishi Sunak for a keynote panel at the event, which is expected to draw more than 200 of the world’s top business leaders.

“The UK is a top global investment destination but we need to pull out all the stops to stay at the front of the pack,” Business Secretary Kemi Badenoch said in a statement, flagging the “huge opportunity” to scale smaller UK companies “with the right investment and global partnership”.

Britain’s Global Investment Summit, designed to showcase the UK’s burgeoning tech, life sciences and creative industries as well as its longer-established financial services and manufacturing sectors, follows its first Artificial Intelligence safety summit earlier this month.

Both events reflect aims by Sunak’s government to woo global investors, many of whom have pared their exposures to UK assets after several years of economic and political upheaval.

The UK banks, Barclays, HSBC and Lloyds Bank have also been confirmed as sponsors and principal partners.

Amanda Blanc, Managing Director of Aviva and Ignacio Galán, Chairman of Iberdrola are also confirmed to attend.

 

(Reporting by Sinead Cruise, Editing by Louise Heavens)