MONEY MOVER October 17, 2005 The creator of the world’s first online currency trader wants the site to become as big as eBay. Vijay Kumar has set up a business that he claims could prove to be the eBay of foreign exchange. Fx Auctions, which is based in Canary Wharf, is believed to be the first online site in the [...]
Prettejohn leaves Lloyd’s for Prudential October 17, 2005 Nick Prettejohn, the chief executive of Lloyd’s of London, is set to join Prudential as its boss in Britain. Confirmation of the appointment, due today, comes as the Pru prepares to reveal the outcome of a root and branch strategy review later this month to be published alongside third quarter results. Prudential’s chief executive Mark [...]
New Star set for float next month October 17, 2005 Renegade fund manager John Duffield is set to create 40 millionaires when he embarks on the £600m float of New Star Asset Management next month. The company will confirm its long expected float this morning alongside what analysts expect to be a sparkling set of results. The IPO is expected to take place next month [...]