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Musk's tweet drove dogecoin's price up by nearly a quarter in the past 24 hours to $0.54

Professional Services Correspondent

Elon Musk is working with dogecoin developers to improve its efficiency after his electric car company Tesla suspended payments in bitcoin on environmental grounds.

Musk has been a strong proponent of dogecoin and his latest endorsement has helped boost its price which has risen by nearly a quarter in the past 24 hours to $0.54 by 7.25am GMT on 14 May.

Elon Musk working with dogecoin developers after Tesla suspends bitcoin payments

James Booth

Citigroup’s co-head of Iberia Revuelta to depart the US bank 

UniCredit hikes Commerzbank stake to 28% as CEO Orcel ups ambitions

Alantra strips out 20 managing directors in investment bank business shift 

Abrdn names tech chief for investments unit in latest appointment under Jason Windsor

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Alain Courbebaisse will take on role in the new year

Simpson Thacher hires Sidley Austin finance duo in London

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Leveraged finance lawyers are in high demand in London

Trading Places: EY names UK financial services head, BofA promotes 387 MDs

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Find out who is on the move in the City and beyond this week

Season’s greetings videos from Blackstone and Apollo feature offbeat images including a CEO on horseback.

The Latest Clash of the Buyout Titans? Cheesy Holiday Videos

The long-term partnership between Caceis and Santander will be maintained but the Latin American joint venture isn’t part of the transaction and will remain controlled by both entities.

Santander to Sell Stake in Asset Manager Caceis Back to Credit Agricole 

Santander to Sell Stake in Credit Agricole’s Caceis Back to French Bank

Gamblers Anonymous meetings are filling up with people hooked on trading and betting.

More Men Are Addicted to the ‘Crack Cocaine’ of the Stock Market

A clash between the Broccoli family, which has creative control over 007, and the e-commerce giant, which owns the franchise, has put Bond’s future on pause.

James Bond Outdueled Goldfinger and Dr. No. Can He Win a Battle With Amazon?

The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

Bank of England Keeps Rates Steady After Fed Move

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