ROGUE TRADING TALENT PULL IN THE CROWDS AS CITY ENTERTAINMENT September 26, 2011 SOMETHING to look forward to for UBS alleged fraudster Kweku Adoboli, once he has emerged from the trauma of the courts: following in the footsteps of the original rogue trader Nick Leeson by entertaining drunken clients at corporate events. Leeson has been quietly raking it in on the after-dinner speaking circuit for years, says celebrity [...]
Cannon Place kicks off hunt for tenants September 26, 2011 CANNON Place is set to officially open today, marking an end to almost four years and £200m of construction work – though the building will be launched without a tenant. The 400,000 square foot, eight storey building above Cannon Street train station is one of the only large offices to complete in 2011, ahead of [...]
RESTAURANT KING CLAIMS RAMSAY BID IS A GAMBLE September 20, 2011 THE jury is out as to whether Gordon Ramsay’s Bread Street Kitchen – the One New Change venture dubbed “the acceptable face of high street food” – will prove a hit. “Whatever anyone says about Gordon, he knows what people want and he is incredibly resilient,” said restaurant expert Simon Davis, speaking at last night’s [...]
Four simple policies to support the City September 19, 2011 IT’S the start of party conference season, and new policy ideas have already begun to pour out. As politicians from every side offer their proposals, here are four simple things the government should do to support the City. Europe is a major issue facing us as we move forward. With 90 per cent of regulation [...]
Four simple policies to support the City September 19, 2011 IT’S the start of party conference season, and new policy ideas have already begun to pour out. As politicians from every side offer their proposals, here are four simple things the government should do to support the City. Europe is a major issue facing us as we move forward. With 90 per cent of regulation [...]
Poverty of debate is holding us back September 18, 2011 IT is obvious that companies need to work harder to make sure that all their employees deliver the goods. This must apply to everybody, including CEOs, who are hired by shareholders to maximise their value. They should be paid a lot if they do well and fired without massive payoffs if they fail. It should [...]
BEAR TURNS REGENT FOR PERIOD BALL September 18, 2011 WHEN YOU live in London’s last remaining Georgian palace, you may as well throw a Georgian Ball, thought Lord Mayor Michael Bear as he threw open his grace-and-favour home last Thursday for a night of minuet dancing. Spotted among the wigs, fans and ruffles were Jimmy Choo, the founder of the shoe empire that was [...]
CELEBRITY TRADERS RAISE $12M ON BGC DAY September 13, 2011 RONNIE Wood is clearly in the wrong job – his masterful handling of a €2bn interest rates trade at BGC Partners, as reported in yesterday’s Capitalist, helped the brokerage beat last year’s total of $10m to raise a record $12m for global charities. Of course, credit should also be given to HRH Prince Harry, who [...]
CELEBRITY TRADERS RAISE $12M ON BGC DAY September 13, 2011 RONNIE Wood is clearly in the wrong job – his masterful handling of a €2bn interest rates trade at BGC Partners, as reported in yesterday’s Capitalist, helped the brokerage beat last year’s total of $10m to raise a record $12m for global charities. Of course, credit should also be given to HRH Prince Harry, who [...]
RECLUSIVE TYCOONS VIEW €35M SHOW BOAT September 5, 2011 WHAT TO do when there are simply no luxury yachts on the market you want to buy? Easy – start your own yacht business and build your own, as Richard Beattie did when he discovered an alarming lack of “contemporary 21st-century superyachts” for sale. “I fully expected to just go and buy one I liked, [...]