City Moves for 9 May 2016 | Who’s switching jobs May 9, 2016 Parker Fitzgerald Parker Fitzgerald (PFG), the specialist management consultancy, has appointed Patrick Gormley (pictured) to its executive board. Patrick will lead the firm’s global digital practice, which focuses on transforming the risk management and regulatory compliance functions of financial institutions through digital innovation, robotics, artificial intelligence and new technologies such as blockchain. Patrick joins PFG [...]
City Moves for 26 February 2016 | Who’s switching jobs February 26, 2016 Edmonds Marshall McMahon Private prosecution law firm Edmonds Marshall McMahon has announced the firm’s expansion into civil fraud with the appointment of leading City litigator Robert Hunter. He joins as a partner from Herbert Smith Freehills where he was head of the fraud and asset tracing group. Robert has over 25 years’ experience in the [...]
EU referendum: 2015 was record year for UK-targeted deals from Europe despite approaching Brexit vote April 20, 2016 The looming referendum was not enough to put European Union countries off doing business with the UK last year, newly-compiled figures show. Some $206bn (£143bn) worth of deals in which businesses based in other EU countries acquired British counterparts were announced last year. This marked a new record, according to Dealogic, and was up from $12.3bn [...]
UK companies are increasingly worried about the economy – but want to do lots of M&A deals May 9, 2016 UK businesses are increasingly pessimistic about the economy – but hungry to complete deals. A new EY study found confidence in the mergers and acquisitions (M&A) market has eased back on levels seen at the end of 2015, a record year for announced deals. But the 14th Global Capital Confidence Barometer found UK executives' M&A appetite [...]
EU referendum and Brexit risk low priority for dealmakers in global M&A survey April 18, 2016 The prospect of a Brexit is a low-priority risk for global dealmakers, a new mergers and acquisitions (M&A) report suggests. Research by law firm Herbert Smith Freehills (HSF) also found global appetite for M&A has been largely unaffected by economic volatility in 2016. Read more: Mr Kipling owner not tasty enough for McCormick after all The authors of [...]
Want to find out what your salary will be like when you enter corporate law? These are the City’s best-paying law firms April 4, 2016 Lawyers: we all know they're better paid than the rest of us, but just how much can you expect to earn if you join one of London's big-hitting firms? What's surprising is that new research suggests firms in the so-called Magic Circle – the group of London's most elite law firms – aren't necessarily the [...]
City Moves for 25 February 2016 | Who’s switching jobs February 25, 2016 Maples Teesdale Jo Preece has been appointed as a senior associate in the construction team at Maples Teesdale LLP. She has experience of working on development schemes, acquisitions and disposals, lettings and financings, having advised the likes of Almacantar, Capital & Counties, Intu Shopping Centres, Lend Lease and Standard Life. She previously worked as a [...]
City Moves for 10 March 2016 | Who’s switching jobs March 10, 2016 Funding Circle Global small business online lender Funding Circle has announced that former executive board member of the European Central Bank (ECB) Jorg Asmussen will join the board. Jorg, a German economist and policymaker, has held numerous high-profile positions within the public sector. Prior to the ECB, between 2008 and 2012, he was state secretary at the [...]
Polyus Gold is the latest Russian company to leave the London Stock Exchange today December 3, 2015 Russia's largest goldminer Polyus Gold leaves the London Stock Exchange today. Polyus was taken over by a shell company Sacturino, which is controlled by billionaire Suleiman Kerimov's family. Their company, Wandle Holdings, was the majority 40 per cent stakeholder in Polyus and completed its compulsory acquisition early in November. It's the latest in a flurry of Russian [...]
City Moves for 02 November 2015 | Who’s switching jobs November 2, 2015 LINKEDIN John Herlihy has been appointed vice president and managing director for Europe, the Middle East and Africa at the professional network. He joins from Google, where he was vice president of SMB sales and head of Google Ireland. Prior to that, Herlihy held leadership positions at tech companies in Europe and the United States. [...]