CITY MOVES | WHO’S SWITCHING JOBS May 23, 2012 Freshfields Freshfields Bruckhaus Deringer, the law firm, has appointed Silvia Paternain as head of its global tax practice. She succeeds Colin Hargreaves, who is returning to focus on client work full time. Paternain joined the firm in 1998 and was elected to the partnership in 2004. She specialises in corporate cross-border transactions. Sirius Minerals The [...]
No more rewards for failure – how to claw back pay May 23, 2012 ONE by one, companies with either sub-par performance or poor compensation plans have been brought to account by shareholders. The most spectacular of these was at Aviva where Andrew Moss, recently stood down, but there have been major revolts at William Hill, Pendragon and Trinity Mirror. All of this has been achieved without one bit [...]
Quins eye Tigers final rematch April 22, 2012 HARLEQUINS boss Conor O’Shea cannot wait to collide with Leicester again in the Aviva Premiership play-offs, despite seeing his team brushed aside by the Tigers over the weekend. A 43-33 bonus-point win for Leicester on Saturday lifted them to within a point of Quins at the top of the table with just one round of [...]
ONE FOR THE TROPHY CABINET April 2, 2012 Over the past few days, the Aviva Premiership Rugby trophy has been making its way into City offices, where busy executives have tried to see for how long they can raise the silverware. Martin Smith (pictured above) of recruiting group Hydrogen has taken an early lead in the challenge, which will reward the lucky winner [...]
ONE FOR THE TROPHY CABINET April 2, 2012 Over the past few days, the Aviva Premiership Rugby trophy has been making its way into City offices, where busy executives have tried to see for how long they can raise the silverware. Martin Smith (pictured above) of recruiting group Hydrogen has taken an early lead in the challenge, which will reward the lucky winner [...]
FTSE up as UK manufacturing decline slows July 2, 2012 The FTSE 100 edged up this morning as new data showed that the decline in UK manufacturing slowed in June. The manufacturing PMI – a respected survey of the sector – stood at at 48.6, up from 45.9 in May and well ahead of the consensus forecast of 46.5. New orders also rose strongly to [...]
Beaten English readjust targets April 9, 2012 SARACENS boss Mark McCall has backed his team to bounce back from European disappointment and focus on their Aviva Premiership title defence, starting this weekend at London Irish. Defeat against Harlequins at Wembley 10 days ago followed by a 22-3 Heineken Cup exit to Clermont Auvergne on Easter Sunday leaves the domestic champions with just [...]
Beaten English readjust targets April 9, 2012 SARACENS boss Mark McCall has backed his team to bounce back from European disappointment and focus on their Aviva Premiership title defence, starting this weekend at London Irish. Defeat against Harlequins at Wembley 10 days ago followed by a 22-3 Heineken Cup exit to Clermont Auvergne on Easter Sunday leaves the domestic champions with just [...]
FTSE dips as investors eye US jobs data July 6, 2012 The FTSE 100 fell in early trading with investors cautious ahead of key US jobs data and still absorbing moves by three central banks to get their country’s economies back on track. Banks in China, Europe and Britain loosened monetary policy in an attempt to boost flagging global growth but ended up spooking investors, who [...]
Shareholder activism is set to grow further June 12, 2012 INSTITUTIONAL investors are taking an increasingly active role in the firms in which they invest, according to new research that shows the changes in attitude that paved the way for the shareholder spring. Investors are more likely than ever to demand firms provide clarity on long-term strategy and redraft executive pay deals to incentivise good [...]