Bank of America Merrill Lynch reports a $4.5bn profit despite market chaos and low rates October 14, 2015 Bank of America Merrill Lynch (BoAML) reported its net income for the three months to the end of September rose to $4.5bn (£2.9bn), after making a loss of $232m in the same period in 2014. Net income decreased from $5.3bn in the previous quarter, as did diluted earnings per share, which were $0.37, down from $0.45 in [...]
City Moves for 07 September 2015 | Who’s switching jobs September 6, 2015 Gravis capital partners The investment adviser and manager to GCP Infrastructure Investments and GCP Student Living has announced the appointment of Nicholas Barker as co-lead fund manager to GCP Student Living. Barker was previously head of alternative real estate at Schroder Real Estate for eight years, and has many years of fund management experience across [...]
City Moves for 13 August 2015 | Who’s switching jobs August 12, 2015 Weightmans The law firm has appointed Seva Singh as partner in its large loss and technical claims insurance division. He joins from DAC Beachcroft, and specialises in high value personal injury litigation handling. Octopus Investments Pete Daffern has been appointed venture partner at the venture capital firm. He joins Octopus with 25 years’ experience, and [...]
City Moves for 28 May 2015 | Who’s switching jobs May 27, 2015 Tokio Millennium Re The reinsurer and subsidiary of Tokio Marine & Nichido Fire Insurance Co has announced the appointment of Mark Julian as head of its UK branch. He joined Tokio Millennium Re (UK) in 2008 and assumed the dual role of chief risk officer and chief actuary in 2011. Baker & McKenzie Julia Hayhoe has [...]
City Moves for 22 April 2015 | Who’s switching jobs April 21, 2015 HFG The specialist insurance recruiter has appointed Stewart Taylor as head of business and market development. He was founder of insurance search firm Hermes People, and also previously spent 10 years at McGregor Boyall as director of its banking and capital markets division. BDO Nicole Martin has been appointed audit partner in the accountancy and [...]
City Moves for 27 May 2015 | Who’s switching jobs May 26, 2015 BLP The law firm has announced the appointment of Nathan Willmott as departmental managing partner of its litigation and dispute resolution team. He joined Berwin Leighton Paisner in 2007, and has led its commercial dispute resolution group since 2010. Daniel Watney David Graham has been appointed senior associate partner in the property consultancy’s planning team. [...]
City Moves for 3 June 2015 | Who’s switching jobs June 2, 2015 Fairstone Group The financial advisory business has appointed Hannah McGivern as marketing manager. She joins from Gardiner Richardson, a creative communications agency, and has also held positions at Bond Dickinson and Newcastle Science City. MSCI Antti Savilaakso has been appointed European head of environmental, social and corporate governance (ESG) research at the research-based indexes and [...]
City Moves for 07 April 2015 | Who’s switching jobs April 6, 2015 EMW The commercial law firm has announced several appointments. Caroline Hayward (pictured) and Robin Creek become principals in its real estate team. They both joined EMW from Harvey Ingram Borneos in 2012. Gurpreet Sanghera becomes a principal in its corporate team. In addition, Matthew Holman becomes an associate in the law firm’s commercial team, and [...]
Mansion House Speeches 2015: What do the analysts think? June 10, 2015 Chancellor George Osborne and Bank of England Governor Mark Carney have both said their parts at the annual Mansion House speeches, but what do the analysts think? New Budget surplus rule John Cridland, director-general at CBI, says the budget plan will be good for businesses: Business wants the Government to aim for an absolute [...]
Troubled Barclays braced for famously tough incoming new chairman John McFarlane April 29, 2015 It is hard to keep a straight face when calling PPI compensation and litigation costs “one-offs” at any of the big banks nowadays. Yet seven years on from the start of the financial crisis, Barclays and the other big banks are still treating the extraordinary costs as unusual items each quarter. Yesterday Barclays [...]