“In a time of uncertainty, there is a flight to quality. In recent days, we’ve seen record traffic on FT.com, but these times are about more than commercial success. We need to think carefully about the future of our country.”
Chinese banks continue to dominate The Banker’s latest global ranking of Top 1000 banks, but they are showing signs of slowing down. Their profits fell 3.5% – the first drop since 2004 – and bad loans are on the rise, reflecting a weaker Chinese economy.
For the last few years China’s banks have dominated the ranking based on Tier 1 capital. This year Industrial and Commercial Bank of China (ICBC) remains number 1 and China Construction Bank number 2, with 4 out of the top 5 places held by Chinese banks.
Over the course of the year, the FT will work with Collider on a structured programme for its product, technology and commercial teams, aimed at stimulating new ideas and answering questions around how to best serve clients and readers in the future. The programme will include:
Jon Slade, chief commercial officer at the Financial Times, said; “We’re thrilled to be announcing our partnership with Collider. The disruption of the publishing world, and in particular within advertising and marketing, creates wonderful opportunities for experimentation, and the startup environment can inspire much of the future fuel for our growth engines. Collider are experts at filtering and nurturing innovation in this space, and we’re really excited about working with the team. All businesses need to ensure that they have a consistent injection of energy, and the FT’s partnership with Collider further underlines the FT’s credentials and intentions around digital innovation.”
The Financial Times one of the world’s leading business news organisations, is recognised internationally for its authority, integrity and accuracy. Providing essential news, comment, data and analysis for the global business community, the FT has a combined paid print and digital circulation of 793,000. Mobile is an increasingly important channel for the FT, driving half of total traffic.
The New York Times and Financial Times today announced that international hotels in select markets across Europe, Asia and the Middle East can now participate in their digital access program that allows participating hotels to provide their guests with unlimited access to NYTimes.com and FT.com on any device connected to the hotel’s network.