Best of the Brokers October 18, 2012 AVIVA Morgan Stanley rates the insurer “overweight” and cheers it as one of the key picks in the sector, but has moved its target price from 406p to 404p after fine-tuning earnings forecasts. XCHANGING Panmure Gordon has upgraded the IT and outsourcing firm from “sell” to “hold” and hiked its target from 75p to 115p, [...]
Aviva considering plans to sell £1bn US life insurance business April 12, 2012 INSURANCE giant Aviva is considering selling its US business, which is estimated to be worth around £1bn – but analysts say that regulatory conditions mean it may struggle to dispose of the division. Chief executive Andrew Moss reportedly told an investor conference that the company is open to offers for its American unit, which was [...]
Who’s switching jobs November 22, 2012 Rocco Forte Hotels The hotels group has appointed Christian Renz to the newly-created role of global sales director. He most recently worked in senior roles at Kempinski Hotels, and has also held positions at Marriott International and the Walt Disney Corporation. BDO The accountancy and business advisory firm has announced several appointments to its financial [...]
City Moves | Who’s switching jobs November 11, 2012 Old Burlington Investments Lawrence Hannah has been appointed business development manager at the investment firm. He joins from Caerus Wealth Management, where he was responsible for building its alternative tax products business. Hannah has also worked at Merrill Lynch. NYSE Euronext Demetria O’Sullivan has been appointed chief risk officer at the exchange’s new derivatives clearing [...]
Sarries can win plaudits as well as trophies, says flanker Fraser September 13, 2012 SARACENS flanker Will Fraser insists they will prove their critics wrong this season, delighting and dominating in equal measure as they bid to reclaim the Aviva Premiership crown. Sarries, who face Leicester Tigers at Wembley tomorrow, reached the play-offs last season but came in for criticism for failing to excite – an accusation Flanker believes [...]
Sarries can win plaudits as well as trophies, says flanker Fraser September 13, 2012 SARACENS flanker Will Fraser insists they will prove their critics wrong this season, delighting and dominating in equal measure as they bid to reclaim the Aviva Premiership crown. Sarries, who face Leicester Tigers at Wembley tomorrow, reached the play-offs last season but came in for criticism for failing to excite – an accusation Flanker believes [...]
City Moves | Who’s switching jobs November 13, 2012 Alvarez & Marsal The professional services firm has announced three appointments. Dan Murphy joins as a managing director from Alix Partners. He has also held roles at Ernst & Young. Ian Woosey and Lynn Evison join as senior directors. Woosey was previously director of retail consulting at Summit, and Evison was a partner at Kurt [...]
City Moves | Who’s switching jobs November 13, 2012 Alvarez & Marsal The professional services firm has announced three appointments. Dan Murphy joins as a managing director from Alix Partners. He has also held roles at Ernst & Young. Ian Woosey and Lynn Evison join as senior directors. Woosey was previously director of retail consulting at Summit, and Evison was a partner at Kurt [...]
McCall delighted with Sarries’ second win from two at Sale September 9, 2012 SARACENS boss Mark McCall hailed his team’s resilience after Saturday’s 23-16 victory away to Sale in the Aviva Premiership. Fly-half Charlie Hodgson kicked six penalties, while England wing Chris Ashton scored the try. “We showed a lot of composure and I was impressed with our ability to see out the game,” said McCall, whose side [...]
US indices group MSCI acquires property specialist IPD for £78m October 31, 2012 US INDICES group MSCI has agreed to buy Investment Property Databank (IPD), a private company that provides crucial information for the property industry, in a £78m deal. The sale will generate a huge windfall for IPD’s founders Rupert Nabarro and Ian Cullen, who set up the company 27 years ago. The pair will share £26m [...]