CITY MOVES | WHO’S SWITCHING JOBS October 5, 2011 Victoria Private Investment Office The financial adviser and wealth management business, previously Victoria Capital, has relaunched as it aims to reach a wider market. Leading the firm’s expansion is Heather Maizels, the former head of Barclays Private Bank, who has been appointed as managing director. As an advisory board member of Barclays Wealth, which she [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 28, 2011 FINANCIAL TIMES PLANS REVEALED FOR US-STYLE PLEA BARGAINS The UK plans to introduce US-style corporate plea bargains that could result in fines totalling hundreds of millions of pounds, according to the Solicitor General. “You have to have a cost-benefit analysis. If I can produce a system which has all the benefits [of the US] and [...]
Fingers will be crossed for a calmer winter as catastrophe losses mount September 21, 2011 DESPITE the record hit to revenue, the Lloyd’s performance was still better than some analysts had expected. Audit firm Mazars predicted losses of £1.5bn last week, but yesterday the results compared favourably to the rest of the sector. “Last year the average combined loss ratios of UK-listed insurers were slightly better than Lloyd’s,” said insurance [...]
CITY MOVES | WHO’S SWITCHING JOBS September 13, 2011 AFC Energy The fuel cells developer has appointed Ian Williamson as chief executive and a director of the company, effective from 14 November. Williamson, who will be granted an option of one million ordinary shares when he joins the board, joins AFC Energy from Air Products, where he was most recently hydrogen and bio energy [...]
Actuaries count on career satisfaction July 27, 2011 SENIOR ACTUARIAL PARTNER, MAZARS THE idea of becoming an actuary will fill some people with horror, but believe it or not there are many benefits to the profession. For those unaccustomed to the profession, actuaries are people who use financial models to access the financial impact of risk and uncertainty. The work can bring travel, [...]
CITY MOVES | WHO’S SWITCHING JOBS February 24, 2011 SRL Global The technology investment platform has made a new appointment by hiring Robin Ellison as a new member of its executive advisory board. In this role, he will primarily focus on strengthening SRL Global’s position in the pension fund market. Ellison previously served as chairman of The National Association of Pensions Funds (NAPF). In his [...]
CITY MOVES | WHO’S SWITCHING JOBS EDITED BY JULIET SAMUEL February 14, 2011 Mazars The law firm has appointed a national head of tax in the UK: Tim Davies (pictured). He has been at the firm for four years, advising on a range of clients. He will now head up a practice of more than 200 professionals in tax. Previously, he worked at advisory firms PricewaterhouseCoopers, Ernst & [...]
What the other papers say this morning February 8, 2011 FINANCIAL TIMES BRUSSELS URGED TO END BIG FOUR DOMINANCE Four international accountancy networks have taken the unusual step of jointly calling for changes to the audit market in Europe and arguing that regulatory intervention is needed to dilute the power of the profession’s biggest operators. BDO International, RSM International and Grant Thornton International, the world’s [...]
French Radio London gets funds from a City investor December 15, 2010 FRENCH Radio London, a new web-based French-language station, has attracted City investment from Thierry Baudon, a founding partner of private equity firm Mid Europa Partners. The station, which has been broadcasting for just four weeks, is designed to capture London’s 400,000 native French speakers as well as other Francophile listeners. Baudon will be a “substantial [...]
Lords query lack of audit competition November 1, 2010 THE House of Lords’ Economic Affairs Committee will today question industry representatives on whether lack of competition among auditors could have contributed to the financial crisis. Representatives from RSM Tenon, Grant Thornton, Mazars and BDO will face questions in the afternoon on whether the dominance of the “big four” auditing firms – Deloitte, KPMG, PricewaterhouseCoopers [...]