UBS’s top tier shaken up by new boss Orcel November 5, 2012 UBS has shaken up its investment bank management just days after the Swiss bank revealed it is winding down its fixed income operations and cutting 10,000 staff. New investment boss Andrea Orcel has led the reshuffle, months after joining from rival Bank of America Merrill Lynch. Orcel has shifted former co-head of the advisory business [...]
City Moves | Who’s switching Jobs September 6, 2012 BNP Paribas Real Estate Mike Chadburn has been appointed senior director of international investment at the real estate division of BNP Paribas. He was previously the UK partner to Azimuth Global Partners, where he sourced and acquired UK assets for Malaysian and Korean investors. Chadburn has also previously worked as director of Central London acquisitions [...]
BarCap’s mandate on $5bn float shows its growing clout February 2, 2012 BARCLAYS Capital’s claims to be one of the major players in the world of equity capital markets will only have been enhanced by its inclusion as one of the book-runners in Facebook’s $5bn flotation. It is the only UK-based bank on the list and that alone can act to reinforce the view that it picked [...]
CITY MOVES | WHO’S SWITCHING JOBS July 16, 2012 Pioneer Investments The investment management group has appointed Neal Jenkins as head of sales, Middle East, Central Asia and Africa. He joins from Janus Capital, where he was head of Middle East and Africa business. Jenkins has over 20 years’ financial markets experience, and previously worked at Merrill Lynch. KPMG Tom Brown has been appointed [...]
WHO’S SWITCHING JOBS June 27, 2012 LDC The private equity house has announced that Keith Holdt has been appointed as investor director in its value enhancement group. He joins from Swiss Post Solutions, where he was head of global business development and sales. Holdt previously spent eight years with IBM. Lloyds Banking Group Andrew Bester has been appointed chief executive, wholesale [...]
WHO’S SWITCHING JOBS June 19, 2012 Houlihan Lokey The investment bank has appointed Kristian Terling as a managing director and head of Nordic coverage. He was most recently managing director and co-head of Nordic investment banking at Credit Suisse in London. Terling has also served as sector head in the corporate finance group at Handelsbanken Capital Markets, and started his career [...]
Uncertainty over global economy and corporates sees FTSE end flat July 11, 2012 BRITAIN’S top share index ended flat in low volume yesterday, with investors uncertain about the future path for equities due to concerns over global growth and corporate earnings. The FTSE 100 was up 0.41 points, or 0.01 per cent, at 5,664.48, having swung in a 50 point arc during the session, on volume of less [...]
BT Vision gamble might be costly June 26, 2012 Group’s football move must win customers from BSkyB BT VISION’S surprising capture of the rights to 38 live Premier League matches from the beginning of the season after next is described as “the largest thing we have done in television to date” by the group’s chief executive Marc Watson. The problem for BT Vision is [...]
CITY MOVES WHO’S SWITCHING JOBS May 20, 2012 CBRE The global real estate adviser has announced that Dr Neil Blake has been appointed head of Europe, Middle East, Africa and UK research. Blake joins from Oxford Economics, the economic forecasting consultancy, where he was director of economic analysis. He is a founder director of Business Strategies, which became part of Experian in 2002. [...]
Autonomy gives HP green light October 3, 2011 HEWLETT-PACKARD last night completed its $12bn (£7.77bn) buy of British software firm Autonomy, the centrepiece of a botched strategy shift that cost ex-chief executive Leo Apotheker his job last month. HP said its £25.50-per-share cash offer had been accepted by investors representing 87.34 per cent of the company’s shares, well ahead of the 75 per [...]