City Moves for 18 July 2014 | Who’s switching jobs July 17, 2014 Keystone Law International corporate lawyer Francesca Lee is joining the law firm. She has previously held senior legal roles with Shell Hong Kong and General Electric Capital Corporation. Lee is particularly experienced in cross-border and international mergers, sales, acquisitions and joint ventures. Latham & Watkins London partner Bill Voge has been elected global chair and [...]
Deloitte hit by record fine for MG Rover work September 9, 2013 DELOITTE has been fined a record-breaking £14m and slapped with its first ever severe reprimand from the accountancy watchdog for failing to manage conflicts of interest when advising MG Rover and its owners. An independent tribunal for the Financial Reporting Council agreed with 13 allegations of misconduct in Deloitte’s role in the run-up to the [...]
City Moves for 11 July 2014 | Who’s switching jobs July 10, 2014 BNP Paribas Real Estate The property adviser has appointed Pippa Evans as UK HR director. She has most recently been working on an interim basis at HSBC. Evans was also formerly HR director at Liberty Mutual Insurance Europe, and senior HR business partner at Schroders Asset Management. KPMG The professional services firm has announced two [...]
Deloitte asks for leave to appeal its £14m fine for MG Rover work October 2, 2013 DELOITTE has launched an appeal against its £14m fine for failing to properly handle conflicts of interest when working with MG Rover. “We recognise the general desire to move on from this case but do not agree with the main conclusions of the tribunal which we feel could create significant uncertainty for individual members and [...]
Challenger bank Aldermore hires two new non-executives June 6, 2014 ALDERMORE, the challenger bank founded by Phillip Monks in 2009, said yesterday it has hired two new non-executive directors to its board, including a former PwC partner. The bank named John Hitchins – who spent 38 years at the big four accountancy firm before retiring this summer – and Cathy Turner, who has worked at [...]
Gherkin in a pickle: iconic tower is bust April 24, 2014 THE CITY’S iconic Gherkin tower has fallen into receivership after its owners failed to strike a restructuring deal over its mounting debt-pile, paving the way for a likely sale of the skyscraper. Lenders to 30 St Mary’s Axe have handed the keys to receivers Deloitte after a tranche of the debt secured against the building [...]
City Moves for 15 May 2014 | Who’s switching jobs May 14, 2014 Deloitte Real Estate Deloitte Real Estate has appointed two senior consultants to its real estate sustainability team. Jack Wang (right) specialises in building energy data analytics and modelling, strategy and management. He joins from the National Energy Foundation. Nick Hogg has over seven years’ property sustainability experience, and previously worked in the upstream sustainability services [...]
Rise in jobs for grads fuelling boom in hiring May 27, 2014 BIG GRADUATE recruiters are boosting hiring programmes even further this year, with vacancies up by more than a third, and many firms saying they are yet to fill positions for this year’s intake. Figures from jobs site Adzuna today show vacancies for graduates up 37 per cent from 2012. And though there is still fierce [...]
Interserve replaces auditor March 26, 2014 Outsourcing group Interserve has ditched Deloitte as its auditor and hired Grant Thornton in its place. FTSE 250-listed Interserve decided to end its 15-year relationship with Big Four auditor Deloitte after a competitive tender. The contract is the latest coup for Grant Thornton, which became the auditor of a FTSE 100 firm for the first [...]
QPR eye £80m windfall, but rivals stand to scoop £120m May 2, 2014 PROMOTION to the Premier League is worth a minimum of £120m to most teams, but Queens Park Rangers only stand to make £80m if they go up this month. The £120m figure, estimated by Deloitte, is split equally between increased income based largely on more lucrative broadcast deals and parachute payments. QPR, however, already receive [...]