Barclays Hires Former Numis Chief Alex Ham for Dealmaking Push
Ham will join in early 2026 as global chairman of investment banking, according to a memo to staff seen by Bloomberg. After previously advising upstarts like Klarna Group Plc and Nu Holdings Ltd. as well as working with venture capital firms like Sequoia Capital and Tiger Global, Ham will be expected to deepen Barclays' ties with technology firms and entrepreneurs.
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Yahoo
15 minutes ago
- Yahoo
£34.9m Liverpool Transfer Target Rejects Everton
Malick Fofana Transfer Update: Belgian Star Rejects Everton Amid Champions League Ambitions Malick Fofana, one of Belgium's brightest young attacking prospects, appears to be setting his sights far higher than a move to Goodison Park. The 20-year-old had an excellent season for Lyon in Ligue 1, registering 11 goals and five assists, and that form has naturally attracted attention across Europe. While Premier League clubs have been circling, the former KAA Gent academy talent seems in no rush to make a decision based on who knocks first. Everton were the first to act decisively, with reports from Fabrizio Romano confirming the Toffees are 'in advanced talks' with Lyon, offering a package worth around €36 million including bonuses. Lyon, however, are holding out for a guaranteed €40 million. But according to respected Belgian journalist Sacha Tavolieri, 'Malick Fofana has other plans than joining Everton Football Club. As told yesterday, the Belgian Red Devil knows some teams playing Champions League that are waiting to make room in the squad are interested in him.' Champions League Clubs Hold the Key Fofana's ambitions are clear: he wants a club playing at the highest level of European football. Despite Everton's determination and financial push, it's a sporting project Fofana is prioritising. Liverpool had reportedly opened talks with the player's representatives earlier this month, as reported by Le'Equipe. The Reds are known to be in the market for attacking reinforcements this summer, following the sale of Luis Diaz to Bayern Munich for £65.5 million. The interest in Fofana appears to be genuine, even if not yet advanced. Other suitors reportedly include Bayern themselves and clubs from Italy and Spain, all watching the situation develop as they balance their current squads and financial restrictions. Not Just About Money Fofana has also turned down Nottingham Forest, signalling that his next destination must match his trajectory and aspirations. His intent is not merely a move to the Premier League but a step towards elite competition. While Lyon are open to selling, they won't accept anything below their valuation. It's a deal that will require the right mix of finances, sporting prestige and vision. Liverpool's Interest Still Active Liverpool's scouting network has been diligent this summer, with Arne Slot aiming to build on last season's title-winning success. Fofana fits the age profile and stylistic mould Liverpool have often pursued in recent windows. His acceleration, directness and sharp end product would certainly add depth to Slot's frontline. However, patience will be crucial. Clubs in the Champions League are still adjusting their squads, and the real movement could come once a domino falls. If Liverpool decide to accelerate their interest, they may still be able to position themselves favourably. But as it stands, no agreement is imminent. Our View – Anfield Index Analysis Fofana's stance is actually reassuring. This is a player who knows what he wants. Turning down Premier League clubs like Everton and Forest because they don't offer Champions League football suggests he's focused on legacy, not just wages. With Luis Diaz now officially a Bayern Munich player, there's a clear need to fill that void. Fofana, with his ability to operate on either flank, sharp movement and age profile, fits what Arne Slot might be looking for. But given Slot's reputation for tactical cohesion and discipline, it will be interesting to see if Liverpool push for a player who is still relatively raw at 20, even if the ceiling is sky high. Slot's Premier League title win in his debut campaign gives him both credit in the bank and a foundation to attract top talent. If Fofana truly wants to play Champions League football and develop under a progressive manager, Liverpool ticks every box. However, it's worth remembering that the tragic loss of Diogo Jota this summer has created both an emotional and tactical gap. The club may prioritise someone with a bit more experience to step into that role immediately. Fofana feels like a longer-term project, albeit one with immense potential. If Liverpool are in the race, it won't be to simply make up numbers. Keep an eye on this one.
Forbes
18 minutes ago
- Forbes
U.S. And EU Reach Trade Deal—Setting Tariffs at 15%
The U.S. has agreed to a trade deal with the European Union, President Donald Trump announced Sunday afternoon, agreeing to a 15% tariff rate on most exports, including European cars, from EU countries—just days before the Aug. 1 deadline set for Trump's 'reciprocal' tariffs. US President Donald Trump meets with European Commission President Ursula von der Leyen in Scotland ... More on Sunday. AFP via Getty Images This is a breaking story and will be updated.
Bloomberg
18 minutes ago
- Bloomberg
EU, US Reach Deal to Avoid Trump Tariff Hike Before Deadline
By , Suzanne Lynch, Jorge Valero, and Hadriana Lowenkron Updated on Save The US and European Union agreed to a deal that will see the bloc face 15% tariffs on most of its exports, including automobiles, staving off a trade war that could have delivered a hammer blow to the global economy. The pact comes less than a week before a Friday deadline for President Donald Trump's higher tariffs to take effect. The president in May threatened to impose a 50% duty on nearly all EU goods, adding pressure that accelerated negotiations, before lowering that to 30%.
