ANALYST VIEWS: CAN THE LONDON STOCK EXCHANGE SURVIVE ALONE? July 4, 2011 WILL RHODE | TABB GROUP They definitely could. They could be more nimble as a result. But it’s a big bet to say ‘I’m going to be better off small and nimble than big and global’. JAMES HAMILTON | NUMIS SECURITIES It can, although the question is if it will. The LSE is no longer what [...]
New approaches: network your way to the top in a private members’ club August 31, 2011 THE IVY, SOHO TYPICAL MEMBER: Members are usually already well connected. Duncan Bannatyne, Andrew Lloyd Webber and the BBC’s Mark Thompson have been spotted there recently. STYLE: The management are hell bent on privacy. No cameras or phones. Membership is through recommendation only. EASE OF NETWORKING: Great speaker events give you access to big-name celebrities. EIGHT [...]
CITY MOVES | WHO’S SWITCHING JOBS April 25, 2011 Gap The US retailer has announced that it will combine its international operations into one London-based division, to be led by Stephen Sunnucks, the new president, international of Gap Inc. Since joining the company five years ago, Sunnucks has guided the growth of Gap and Banana Republic in Europe. Gap has also appointed John Ermatinger, [...]
Events January 26, 2011 DAVOS: THURSDAY 27 JAN French President Nicolas Sarkozy will give the opening address in the Congress Centre. 7.30am in the Belvedere Hotel: BCG-CII breakfast session, with BCG CEO Paul Buerkner speaking. 7.30am in the Belvedere: Swiss Re hosts a roundtable on solutions to ageing, good security and natural disasters. NASDAQ OMX hosts an opening bell [...]
Online economy in UK is now worth £100bn October 27, 2010 THE UK’s internet economy is now worth a staggering £100bn a year, according to a landmark survey commissioned by search giant Google. The online economy now represents 7.2 per cent of UK GDP – more than construction, transport or utilities. The report shows this share is likely to grow by about 10 per cent a [...]
Global wealth rises but fund houses suffer June 10, 2010 THE combined wealth of households around the world rose 12 per cent last year and nearly surpassed the 2007 high-water mark, yet money managers faced lower revenue and shrinking profit margins, according to an industry study released yesterday. Global assets under management rose to $111.5 trillion (£75.9 trillion), just short of the 2007 year-end peak, [...]
White House hits out over yachting race June 20, 2010 THE WHITE House has hit out at BP chief executive Tony Hayward, who was spotted on his yacht just off the Isle of Wight over the weekend. US President Barack Obama’s chief of staff, Rham Emanuel said that Hayward’s trip was “part of a long line of PR gaffes and mistakes”. He said: “To quote [...]
SHOULD LEGAL & GENERAL BE DISAPPOINTED BY ITS LATEST RESULTS? November 3, 2009 BARRY CORNES PANMURE GORDON“Whilst the sales figures look slightly disappointing the year end cash generation target of £450m has already been exceeded with £461m at 30 September. The capital surplus increased further to £2.5bn compared to the last published figure of £2.4bn at the end of August.” JAMES HUGHES CMC MARKETS“Overall the sales figures aren’t [...]
SHOULD LEGAL & GENERAL BE DISAPPOINTED BY ITS LATEST RESULTS? November 3, 2009 BARRY CORNES PANMURE GORDON“Whilst the sales figures look slightly disappointing the year end cash generation target of £450m has already been exceeded with £461m at 30 September. The capital surplus increased further to £2.5bn compared to the last published figure of £2.4bn at the end of August.” JAMES HUGHES CMC MARKETS“Overall the sales figures aren’t [...]
COULD A VODA / T-MOBILE UK DEAL WORK AND WOULD IT GET PAST THE REGULATORS? June 29, 2009 EMEKA OBIODU OVUM This is not a case of a square peg in a square hole. Why should two seemingly underperforming businesses merge? Vodafone and T-Mobile have suffered revenue declines whereas O2 and Orange have grown theirs. Would two businesses with declining revenues suddenly turn a corner? MANOJ LADWA ETX CAPITAL Expect some volatility in [...]