Tower 42 put up for sale for by PE owners September 14, 2011 CITY landmark Tower 42, an icon of the London skyline since it was completed in 1980, has been put up for sale, with its private equity owners hoping to get £290m for the building on Bishopsgate. BlackRock UK Property Fund and LaSalle Investment Management yesterday announced they were looking for buyers of their freehold in the [...]
Spotting the very best in charge and credit cards September 14, 2011 REMEMBER when the American Express Gold Card was the celebrity’s payment card of choice in the movies? Well, times have changed. Every bank is offering exclusive cards to its premium customers now – they’re always keen to sign up City high-fliers. But which bank is offering the best deal? Kevin Mountford from MoneySupermarket.com says: “None [...]
Broad shoulder provides England with more worries September 12, 2011 ENGLAND all-rounder Stuart Broad is unlikely to play for his country again this year after a scan yesterday revealed he has torn a muscle in his shoulder. Broad will miss the last match of the one-day series against India and the return tour next month, which compromises five ODI fixtures, as well as the chance [...]
Bopara rains on frustrated India’s parade September 11, 2011 ENGLAND captain Alastair Cook believes his side are ready to be considered a genuine force in the one-day game after they clinched the NatWest Series against India with a rain-affected tie in the fourth ODI at Lord’s. The tourists looked primed to gain a belated first win of their tour after posting 280-5, but Ravi [...]
Sproting bet September 8, 2011 City AM has teamed up with Sportingbet, the official betting partner of the English Test Match Grounds, to offer readers the chance to win a pair of tickets to the sold out NatWest One Day International between England and India at Lord’s on Sunday September 11. The lucky competition winner and their guest will receive [...]
Equiniti snaps up NatWest division September 5, 2011 SHARE registrar and business services group Equiniti has bought the corporate and employee services division of NatWest Stockbrokers. Equiniti declined to disclose the value of the deal, which comes a week after City A.M. reported that the private equity-backed firm was looking to make more acquisitions. Wayne Story, chief executive, yesterday said the deal brings [...]
RBS inks deal for mobile apps August 31, 2011 ROYAL Bank of Scotland has penned a deal with mobile banking specialist Monitise to expand its phone banking and payments services. Monitise said the five year partnership will see it build new, more interactive mobile apps for RBS, NatWest and Ulster Bank customers, in an extension of existing ties between the two companies. Shares in [...]
Haste goes out on a high as business he rebuilt turns in solid performance August 4, 2011 RSA’s outgoing chief executive Andy Haste will be well remembered as the man who turned the British insurance company’s fortunes around. After taking on the floundering insurer in 2003, when its market value stood at £1bn, his eight years at the helm have proved ultimately successful. Faced with huge losses, Haste was quick to make [...]
CITY MOVES | WHO’S SWITCHING JOBS August 3, 2011 Barclays Andrew Hall will move to Barclays as a wealth adviser from Towry, where he worked from August 2010. Previously he worked with Bank of Scotland Investment Service, part of Lloyds Banking Group. Hall will be based in Glasgow Office, starting on the 25 July. He will be joined by Robin Clements, who joins the [...]
CITY MOVES | WHO’S SWITCHING JOBS August 3, 2011 Barclays Andrew Hall will move to Barclays as a wealth adviser from Towry, where he worked from August 2010. Previously he worked with Bank of Scotland Investment Service, part of Lloyds Banking Group. Hall will be based in Glasgow Office, starting on the 25 July. He will be joined by Robin Clements, who joins the [...]