NFL season begins: Why American Football could be bigger than rugby in the UK September 8, 2014 While the Premier League takes a break this weekend, another "football" league has got underway. Across the pond, the National Football League (NFL), the flagship American Football league whose teams beat even the Premier League in terms of revenue, has kicked off a new season. With its return will follow a growing legion of devoted UK fans [...]
Aviva old guard steps down for top Aussie job January 23, 2014 INSURANCE giant Aviva yesterday announced the resignation of its chief financial officer Pat Regan, just a year after he narrowly missed out on the job leading the company. Regan, who was made CFO in 2010, said he will step down in June to take up the reins as chief executive officer at Australian insurer QBE [...]
City Moves for 10 November 2014 | Who’s switching jobs November 9, 2014 Lombard The asset finance provider has appointed Greg Chiappini as head of aviation and marine. He was most recently head of specialist asset management at Lombard, and started his career as an officer in the South African Navy. MetLife UK Simon Massey has been appointed wealth management director at the insurance and investment firm. He [...]
Crisis at the FCA as top regulator Clive Adamson departs December 4, 2014 Some of the City’s most senior insurance executives last night expressed their dismay at the departure of Clive Adamson from the Financial Conduct Authority (FCA). Adamson was widely respected within the industry for being a tough but fair regulator. The news that he is to step down comes days ahead of the publication of a [...]
Merchants Walk in east London: Affordable house prices, yet very commutable October 30, 2014 As the fringes of the City soar in both popularity and price, first-time buyers and young professionals on modest incomes are looking to move a bit further afield. In this case “further afield” means 15 minutes away by Tube. Bow in Tower Hamlets, east London, has seen a spurt in popularity as a result, [...]
AA puts former deal king Martin Clarke in the finance hot seat November 13, 2014 Roadside recovery giant AA yesterday appointed an ex-senior private equity dealmaker to take the reins as chief financial officer of the 110-year-old business. Martin Clarke, a former executive at private equity firm Permira, will replace Andy Boland, who stepped down earlier this year as the finance chief of the firm. Clarke was part [...]
Barclays’ Antony Jenkins needs to perform soon – Bottom Line September 23, 2014 Another day, and another fine for Barclays. The FCA’s £38m fine on the bank for failing to protect its clients from the risk of loss will not substantially weaken Barclays financially. Nor will it impact on the authority of chief executive Antony Jenkins since the failings occurred before his appointment. Jenkins, however, must be feeling [...]
Banks to report as BT is likely to reveal growth – London Report October 26, 2014 THIS WEEK sees a number of banks reporting, with four of the UK’s five biggest lenders due to reveal third-quarter results. Lloyds and Standard Chartered report tomorrow. With Lloyds the focus is expected to be on 9,000 job cuts and a string of branch closures. Standard Chartered’s execs have been under pressure this year. After [...]
City Moves for 17 October 2014 | Who’s switching jobs October 16, 2014 Savills The real estate advisory firm has appointed Jim Wickens as a director in its London-based building and project consultancy team. He has more than 20 years’ experience, and joins from Cluttons. Wickens has also previously held roles at Broadgate Estates, Drivers Jonas and Bucknall Austin. Aviva Investors The asset manager has announced two appointments [...]
London clubs gear up for Twickenham double September 4, 2014 Aviva Premiership stars preview the new rugby season with Ross McLean TOP-FLIGHT rugby powers into action tonight when Northampton host Gloucester. The main curtain-raiser, however, takes place tomorrow with the London Double Header. City A.M. met four players at the eye of the Twickenham storm to preview the new campaign: Harlequins’ Charlie Matthews,Will Helu of Wasps, [...]