City Moves for 12 February 2015 | Who’s switching jobs February 11, 2015 Lloyds Bank Lloyds Bank Commercial Banking has announced the appointment of Christopher Sood-Nicholls as managing director. He joined in 2000, and has since held management roles in IT operations, executive management and corporate development at the bank. BlackRock The investment management firm has appointed Deborah Winshel to lead its impact investing platform. She was formerly [...]
City Moves for 04 February 2015 | Who’s switching jobs February 3, 2015 Towers Watson The professional services firm has appointed Joris Wonders as practice leader for its rewards business across Europe, the Middle East and Africa. He re-joins Towers Watson from Kingfisher, where he launched new bonus and long-term incentive plans. F&C Investments The investment firm has announced the appointment of Alex Howe as sales director in [...]
Forex rigging scandal: RBS, UBS, HSBC, JP Morgan and Citi set for lawsuit storm after £2bn FCA fine November 12, 2014 Funds, companies and other traders hurt by banks manipulating the foreign exchange markets could make claims totalling many billions of pounds, lawyers said yesterday. Five banks were fined a total of £2bn by the UK’s Financial Conduct Authority and the US Commodity Futures Trading Commission authorities because their traders fiddled key currency benchmarks. But the [...]
Reports on bank lending to take the centre stage – London Week Ahead November 23, 2014 THIS week will see a flurry of announcements regarding bank lending. The Bank of England on Thursday will publish the figures for its Funding for Lending scheme, followed by the latest data on the Help-to-Buy scheme the following day. The British Bankers’ Association will publish its figures for mortgage approvals today. That will be backed [...]
City Moves for 28 November 2014 | Who’s switching jobs November 27, 2014 RPC The law firm has announced the appointment of Anna Cook as a senior litigation partner. She joins from Radiant Law, the technology and outsourcing boutique, where she set up its dispute resolution team in 2012. Cook was also formerly a partner at Wedlake Bell. Kleinwort Benson Andrew Shiels has been appointed global chief risk [...]
City Moves for 19 November 2014 | Who’s switching jobs November 18, 2014 Quinn Emanuel The business litigation firm has announced the appointment of Nick Marsh as a partner in its London office. A commercial litigator and international arbitration specialist, he joins from DLA Piper, where he was a member of its dispute resolution group. Morningstar Jeremy Beckwith has been appointed director of manager research in the UK [...]
Cross-border probes see rise in calls to UK’s financial watchdog August 10, 2014 The UK’s major financial watchdog is fielding an increasing number of requests from international regulators for help, as more cross-border investigations take place. The Financial Conduct Authority (FCA) received 981 requests for assistance from authorities in other countries during 2013, an 11 per cent increase from the figure during 2012. The number has doubled since before [...]
Ecigarette boom boosts sales of new trademarks by 125pc July 14, 2014 Big tobacco firms registered over 650 new cigarette trademarks last year, a 125 per cent year-on-year jump, as they look to protect their multi-million pound investments in the fast-growing electronic cigarette market. In 2010 just 161 new cigarette trademark registrations were filed in the UK. By 2012 this had risen to 290 and last year [...]
City Moves for 08 August 2014 | Who’s switching jobs August 8, 2014 Marriott Harrison Daniel Jacob has been appointed corporate partner at the law firm. He joins from Pitmans, where he was head of the London corporate group. Jacob specialises in investment, M&A, and restructuring work, with a particular focus on the hotel, leisure and technology sectors. Mitsubishi UFJ Securities International The investment banking arm of the [...]
London Report: Housing market stalls and GDP is re-evaluated September 28, 2014 HOUSING data showing fewer mortgage approvals and only modest price increases looks set to show that the UK’s booming property market is finally slowing. Bank of England figures out today are forecast to show that mortgage approvals fell to 66,000 in August from 66,569 in July and 67,085 in June. The numbers are well below [...]