City Moves for 11 February 2015 | Who’s switching jobs February 10, 2015 Close Brothers James Mallinson has been appointed as director of Family Business, a role created as part of the asset manager’s expansion of its initiative to support family businesses. Mallinson has 10 years’ experience and was at In Partnership and St. James’s Place before Close Brothers. easyProperty.com The online property platform has appointed Robin Wilson [...]
The 100 City people you need to follow on Twitter this year, day four: Economists January 8, 2015 The financial crisis may have been a tough time for most of the City, but one group did pretty well out of it. There’s no doubt about it: economics has got sexy, as the popularity of everything from Thomas Piketty’s missive on inequality to “economics made easy” books such as The Undercover Economist, shows. Whether [...]
City Moves for 27 January 2015 | Who’s switching jobs January 26, 2015 Linklaters Nicola Rabson (pictured) has been appointed global head of the law firm’s employment and incentives practice. She succeeds Ruth Goldman, who will remain global head of Linklaters’ pensions teams. Rabson has extensive experience in all areas of employment law. British Business Bank Christopher Fox has been appointed chief financial officer at the bank for [...]
UK banks best placed for new capital buffers November 10, 2014 Investors will bear more losses more quickly when a big bank gets into trouble, under new rules laid out by global regulators the Financial Stability Board (FSB) yesterday. All global systemically important banks (GSIBs) will be affected as they will issue more capital to build up the buffers of total loss absorbing capacity (TLAC). Analysts [...]
City Moves for 01 December 2014 | Who’s switching jobs November 30, 2014 Edison Investment Research The investment intelligence firm has announced three UK equity analyst appointments. Peter Thorne joins its financials team from the FCA, where he was a technical specialist. He has also held roles at Pictet, Paribas, Zoete & Bevan, Morgan Grenfell and Citicorp. Jenny Ping joins the industrials team. She has held roles at [...]
UniCredit ups Italy lending November 12, 2013 UNICREDIT increased lending in Italy in the third quarter, the bank said yesterday, in a sign that the troubled economy could be moving past the worst of its woes. New loans to households and companies increased to €5.2bn (£4.4bn), up 15.5 per cent in the first nine months of the year, compared with the same [...]
City Moves for 27 November 2014 | Who’s switching jobs November 26, 2014 Silicon Valley Bank The bank has appointed Wibke Pendse as managing director of private equity finance and banking for the UK. She transfers from Silicon Valley Bank in the US, which she joined in 2010. Pendse has also held roles at Square 1 Bank and Comerica Bank. Old Mutual Global Investors The asset manager has [...]
Ferrari chief zooms off into the sunset after 23 years at the wheel September 10, 2014 ITALIAN supercar maker Ferrari yesterday announced the resignation of chairman Luca di Montezemolo. The move brought to an end “23 unforgettable years”, he said yesterday. Montezemolo’s departure follows recent poor F1 racing results at Ferrari, which led to criticism from chief executive Sergio Marchionne of parent company Fiat, who will take over as Ferrari chairman. It [...]
City Moves for 31 July 2014 | Who’s switching jobs July 30, 2014 BJSS The IT consultancy has announced the appointment of Grant Thomas as head of practice. He joins from Barclaycard, where he was head of business change. Thomas has also previously held senior roles at IBM, PwC, and Accenture. Nikko Asset Management Stefanie Drews has been appointed global head of institutional marketing and proposition at the [...]
UniCredit profit up on cost cuts August 6, 2013 PROFITS more than doubled at Italian lender UniCredit in the second quarter, the bank announced yesterday. It made a net profit of €361m (£312.6m), up 113.8 per cent on the same period last year. Costs fell 1.8 per cent on the year, led by a 2.7 per cent reduction in staff costs. The bank cut [...]