CITY MOVES | WHO’S SWITCHING JOBS August 17, 2010 World Gold Council The WGC has appointed David Badham as head of investment marketing for Europe, effective immediately. Badham joins from the Royal Bank of Scotland, where he was head of communications and marketing for the global markets division in the EMEA region. Prior to the acquisition of NatWest by RBS in 2000, he was [...]
NatWest 3 put the spotlight on extradition August 16, 2010 LAWYERS have warned that the spirited defence mounted by two of the “NatWest Three” against their prosecution in the US should act as an eye-opener for the government ahead of a planned review of extradition policy. David Bermingham and Gary Mulgrew, two of the former NatWest bankers convicted two years ago of cooking up an [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 15, 2010 FINANCIAL TIMES PATERNOSTER IS PUT UP FOR SALE Paternoster, the specialist pensions business set up by former Prudential executive Mark Wood, has been put up for sale, with its original backers facing the potential loss of more than half their £500m equity investment. The majority of its backers are seeking an exit from a company [...]
FSA fines RBS for deficient money laundering controls August 3, 2010 THE ROYAL Bank of Scotland has been slapped with a record £5.6m fine by the Financial Services Authority (FSA) for failing to adequately screen customers and payments to prevent its banks – RBS, NatWest, Ulster Bank and Coutts – from being used for money laundering or the financing of terrorist activities. In December 2007 to 2008, [...]
CITY MOVES | WHO’S SWITCHING JOBS August 2, 2010 FTSE Group The global index provider has appointed Sudir Raju as managing director for its custom index business. Raju has worked for Dow Jones and Stoxx Indexes since 2004, latterly as leader of the Stoxx custom index business. He has a strong technical background with experience extending across index design, production, reviews and operations, as [...]
SPORT | IN BRIEF June 23, 2010 United pull out of Cole race FOOTBALL: Arsenal remain favourites to sign Joe Cole this summer after Manchester United reportedly pulled out of the race to sign the England midfielder yesterday. The 28-year-old will become a free agent when his Chelsea contract expires on 1 July after the Blues refused to offer him a new [...]
SPORT | IN BRIEF June 21, 2010 PONTING FEARS ENGLAND CHALLENGE CRICKET: Australia captain Ricky Ponting admits his side will be up against it when they take on a rejuvenated England side in the NatWest series – but is confident they will ride to the challenge. Ponting leads out the Aussies for the first of the five-match series at the Rose Bowl [...]
CITY VIEWS: ARE YOU FED UP WITH THE CONSTANT IPHONE UPGRADES? June 8, 2010 RUSSELL HARRISON | NATWEST PRIVATE BANKING “I find it very useful especially the map and the GPS. I don’t think people will get fed up with upgrades because Information technology is always going to be useful.” FABIEN HUESO | LLOYDS BANKING GROUP “I am very happy. I don’t feel pressured at all because I am [...]
Strauss handed one-day hint June 7, 2010 CRICKET: National selector Geoff Miller has hinted that captain Andrew Strauss will keep his place for the forthcoming one-day series against Australia later this month. Strauss’ place in the limited-overs game was in doubt following England’s World Twenty20 success under the leadership of Paul Collingwood, but Miller insists the Middlesex opener remains a part of [...]
RSA CELEBRATES THREE CENTURIES OF INSURING PRIZED CITY ASSETS May 27, 2010 CITY insurer RSA certainly knows how to celebrate in style. The firm is celebrating its 300th anniversary this year – though it’s not sure of the exact day – and has been busy thinking up various gimmicks to mark the occasion. First of all, RSA roped in brewer Shepherd Neame to create a special anniversary [...]