Advisers Nokia’s bond issue October 23, 2012 YACINE AMOR BANK OF AMERICA MERRILL LYNCH YACINE Amor led the team on Nokia’s bond issue at Bank of America Merill Lynch (BofAML), guiding Europe’s second largest convertible bond deal of this year. Amor has 14 years of investment banking experience and is currently head of equity-linked origination for the EMEA region. Prior to joining BofAML [...]
We don’t need the EU to legislate for women on boards October 23, 2012 I N A closed meeting in Strasbourg yesterday, European commissioners heavily criticised a package of reforms proposed by the commissioner for justice Viviane Reding. Among the proposals she put forward, Reding argued for a compulsory 40 per cent quota for female non-executive directors across the EU by 2020, reporting requirements for medium-sized businesses, and fines [...]
We don’t need the EU to legislate for women on boards October 23, 2012 I N A closed meeting in Strasbourg yesterday, European commissioners heavily criticised a package of reforms proposed by the commissioner for justice Viviane Reding. Among the proposals she put forward, Reding argued for a compulsory 40 per cent quota for female non-executive directors across the EU by 2020, reporting requirements for medium-sized businesses, and fines [...]
BBA plans to clean up industry with new register of bankers October 16, 2012 BANKERS could be forced to gain approval from a professional body to work in the City under proposals being put forward by trade association the British Bankers’ Association (BBA). The lobby group’s chief executive Anthony Browne said last night that the BBA may push for an independent sector regulator “with teeth” that would be able [...]
Meet the investment banker who gave insurance a whirl October 14, 2012 AFTER the chaos of last year, 2012 has so far been something of a relief to the insurance industry. A perfect storm of floods in Australia and Thailand, the Japanese tsunami and nuclear disaster and the earthquake in New Zealand made 2011 the second most expensive on record for the Lloyd’s of London market, and [...]
FTSE 100 weighed down by engineering stocks October 12, 2012 The leading blue chip index opened modestly down this morning, as enthusiasm over positive US jobs data was pared back by weak UK construction data. Engineering companies felt the pressure on the FTSE All-Share this morning. Materials group Morgan Crucible dropped 12.51 per cent this morning. It warned on profits across its businesses, with Europe [...]
FTSE 100 weighed down by engineering stocks October 12, 2012 The leading blue chip index opened modestly down this morning, as enthusiasm over positive US jobs data was pared back by weak UK construction data. Engineering companies felt the pressure on the FTSE All-Share this morning. Materials group Morgan Crucible dropped 12.51 per cent this morning. It warned on profits across its businesses, with Europe [...]
What the other papers say this morning October 8, 2012 FINANCIAL TIMES TNK-BP partner look to sell stake BP’s billionaire partners in TNK-BP say they want to sell or list their 50 per cent stake in the business, creating more uncertainty over the future of Russia’s third-largest oil producer. Total arm warns over inaccuracies Total Oil Trading, one of the largest groups of its kind, [...]
Top candidates exit race to be next Bank boss October 8, 2012 THE COMPETITION for the next governor of the Bank of England heated up yesterday as the window for applications closed, with several high profile candidates ruling themselves out. Goldman Sachs economist Jim O’Neill – who coined the widely-used acronym BRICs – said yesterday he hadn’t applied for the job. And Australian central banker Glenn Stevens [...]
Standard Chartered denies criticism from biggest investor October 4, 2012 STANDARD Chartered last night insisted that its largest investor, Singapore-based fund Temasek, misunderstood British corporate governance when it abstained from voting on several board members this year. The 18 per cent shareholder is known to favour firms with a large proportion of non-executive board members. “Temasek has assured us that their abstention does not imply [...]