City Moves for 18 January 2013 | Who’s switching jobs January 17, 2013 Carmignac Gestion Pierre Verlé has been appointed as a credit analyst within the asset management firm’s fixed income team. Before joining Carmignac, he was co-manager of the distressed debt fund at Butler Investment Managers in London. Verlé has also previously worked as an analyst at Morgan Stanley. Espirito Santo Investment Bank The investment bank has [...]
A tale of two cities December 17, 2012 BRITISH Land and Oxford Properties have bagged their second tenant at the Cheesegrater skyscraper in the City, underlining the booming demand in London’s insurance district in stark contrast to parts of the City that have traditionally depended on the banking sector. Amlin is to take 111,000 square feet at the Leadenhall Building for an undisclosed [...]
Administrator works to save Comet stores November 18, 2012 COMET’s administrators will this week begin pulling down the shutters on some 40 stores as eleventh hour talks to save the stricken electricals giant’s remaining stores and brand continue. Accountancy firm Deloitte, which was called in earlier this month, said it is still in talks with a couple of potential buyers who have expressed an [...]
Administrator works to save Comet stores November 18, 2012 COMET’s administrators will this week begin pulling down the shutters on some 40 stores as eleventh hour talks to save the stricken electricals giant’s remaining stores and brand continue. Accountancy firm Deloitte, which was called in earlier this month, said it is still in talks with a couple of potential buyers who have expressed an [...]
BDO and PKF agree to merge as they eye more mid-cap clients December 11, 2012 PARTNERS at BDO and PKF yesterday approved a deal to merge the UK operations of the two firms, giving the enlarged group extra firepower to compete in the mid-tier accountancy and advisory markets. The new firm, operating under the BDO brand, has 3,500 people working across the country, with revenues close to £400m a year. [...]
Who’s switching jobs November 15, 2012 Maurice Turnor Gardner The law firm has announced the appointment Sarah Conway as partner in its residential property practice, effective January 2013. She joins from Allen & Overy, where she has worked since 1998. Conway has also held the partnership at Carruthers & Co, and focuses on residential property transactions for high net worth clients. [...]
Who’s switching jobs November 15, 2012 Maurice Turnor Gardner The law firm has announced the appointment Sarah Conway as partner in its residential property practice, effective January 2013. She joins from Allen & Overy, where she has worked since 1998. Conway has also held the partnership at Carruthers & Co, and focuses on residential property transactions for high net worth clients. [...]
Phoenix IT swings to loss after manipulated books discovered November 29, 2012 ACCOUNTING irregularities have forced business software firm Phoenix IT into a £68m writedown, the company said yesterday. The impairment, which led to the downfall of chief executive David Courtley and the sacking of Phoenix IT’s auditors Deloitte in October, dragged the company into a pre-tax loss of £63.3m in the six months to October. The [...]
Osborne blocks Lib Dem hopes for mansion tax on £2m homes December 5, 2012 MANY London homeowners breathed a sigh of relief yesterday as George Osborne ruled out a mansion tax on expensive properties, something his Liberal Democrat colleagues had been pushing for. The tax — an annual levy on homes worth more than £2m— has long been a cherished Lib Dem policy, which the Tory party have repeatedly refused [...]
Our City Mo Bro winner revealed December 2, 2012 AT the start of last month, The Capitalist challenged readers to send in their scariest and hairiest upper lip specimens to take part in City A.M’s very own Movember contest. The month is now up and teams from all over the City have embraced the Movember spirit of growth and awareness, sporting all sorts of [...]