CITY MOVES | WHO’S SWITCHING JOBS June 12, 2011 Religare Capital Markets The investment banking and institutional securities arm of emerging markets financial services group Religare Capital Markets has appointed John Sturmey as global head of equity capital markets. Sturmey joins from UBS where he was Head of the Global Capital Markets Group in Asia, overseeing equity and debt capital markets. Sturmey will concentrate [...]
CITY MOVES | WHO’S SWITCHING JOBS June 12, 2011 Religare Capital Markets The investment banking and institutional securities arm of emerging markets financial services group Religare Capital Markets has appointed John Sturmey as global head of equity capital markets. Sturmey joins from UBS where he was Head of the Global Capital Markets Group in Asia, overseeing equity and debt capital markets. Sturmey will concentrate [...]
Weak miners dip FTSE below key 200-day moving average June 8, 2011 MINING stocks, dented by heightened investor concerns about the strength of the global economic recovery, pushed Britain’s top shares below a key technical level yesterday, a bearish signal for the index. The FTSE 100 closed down 55.76 points, or one per cent, at 5,808.89, having breached its 200-day moving average of 5,815. US Federal Reserve [...]
Stocks suffer on global growth fears June 6, 2011 Stocks have fallen this morning on a hangover from weak US employment data on Friday, and falls in Asian markets overnight. US non-farm payroll data showing just 54,000 new jobs were created in May shocked the markets, leaving the Nasdaq 1.5 per cent lower. In Asia, the Nikkei fell to an 11-week closing low today [...]
Stocks suffer on global growth fears June 6, 2011 Stocks have fallen this morning on a hangover from weak US employment data on Friday, and falls in Asian markets overnight. US non-farm payroll data showing just 54,000 new jobs were created in May shocked the markets, leaving the Nasdaq 1.5 per cent lower. In Asia, the Nikkei fell to an 11-week closing low today [...]
The rock’n’roll banker that is set to chair Aviva June 5, 2011 FORMER Australia and New Zealand Banking Group (ANZ) chief executive John McFarlane is being touted as the next chairman of insurance group Aviva, after Sir Richard Broadbent passed over the role last month in favour of a move to Tesco. The appointment of McFarlane, who currently sits on the board of RBS, is believed to [...]
Coca-Cola considers a listing in Shanghai June 1, 2011 COCA-COLA, the world’s largest soft-drink company, said yesterday it is holding talks with the Chinese government over a possible listing in Shanghai, joining other global firms in testing the waters for a listing in China. Coca-Cola has said it will commit $2bn (£1.22bn) of investment into China and last October opened three new plants in [...]
Coca-Cola considers Shanghai listing June 1, 2011 Coca-Cola Co, the world’s largest soft-drink company, said it may explore a possible listing in Shanghai, joining other global firms in testing the waters for a China listing, along with its increasing presence there. Coke has said it will commit $2bn (£1bn) in investment into China and last October opened three new plants in Inner [...]
SERCO’S ADVISERS ON THE INTELENET DEAL May 31, 2011 THOUGH most of the work on Serco’s deal to buy Intelenet was done in India, magic circle law firm Linklaters advised the outsourcer on the UK aspects of the purchase. Leading the team was William Buckley (pictured above), who joined Linklaters as a trainee solicitor in 1990 before working his way up to partner in [...]
Tullow plans public share sale in Ghana May 31, 2011 TULLOW OIL yesterday laid out plans to float 4m shares in Ghana, where last year it was instrumental in producing the country’s first oil. Tullow said it hopes to demonstrate its commitment to Ghana by allowing the public to buy the shares, which would be worth £53.9m at yesterday’s London price of £13.47. The firm [...]