CITY MOVES WHO’S SWITCHING JOBS July 8, 2012 Capita Insurance Services The specialist provider of Lloyd’s services has appointed John Holm as commercial director. He joins after five years at National Australia Bank, where he was insurance sector head and director of corporate banking for its Clydesdale Bank business. Holm previously held a number of senior roles at RBS, notably as director of [...]
Lord Mayor’s daughter goes to great lengths to help appeal June 13, 2012 THERE are still a few free spaces to join 120 adventurous souls who are planning to abseil from the 289ft high Lloyd’s building next Tuesday. It’s all in aid of a good cause. David Wootton, the Lord Mayor, is appealing to a few more Londoners to join the group to support the Trauma Unit at [...]
FTSE pegged back by miners July 9, 2012 The FTSE 100 edged down in early trading today as disappointing jobs data out of the US on Friday continued to cast a shadow over global markets. The 80,000 increase in payrolls in June was slightly below market expectations for an increase of about 90,000 and was not enough to reduce the unemployment rate, which [...]
CITY MOVES | WHO’S SWITCHING JOBS July 12, 2012 Ignis Asset Management Jeremy Soutter has been appointed global head of product development at the asset management firm. He will join on 1 August from Aviva Investors, where he has held a similar position for 13 years. Soutter has worked in asset management since the early 1980s, notably at Gartmore Fund Management, Lloyds Bank and [...]
All the West End wonders July 5, 2012 CHARIOTS OF FIRE Celebrate one of this country’s greatest ever sporting achievements this summer as Chariots of Fire, a new play, lights up the West End at the Gielgud Theatre. Adapted from the Oscar-winning movie, and featuring the original Vangelis score, this is a moving tale of rivalry, and determination in the face of prejudice [...]
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 [...]
Brit Insurance sold to Fairfax in £190m deal June 18, 2012 BRIT Group yesterday announced the sale of its Brit Insurance business to Canada’s Fairfax in a deal worth around $300m (£191m). The disposal is the last major step in Brit Group’s restructuring under chief executive Mark Cloutier, who was brought in by the firm’s private equity owners at the end of 2011 and has aimed [...]
FTSE creeps up as investors await BoE decision July 5, 2012 The FTSE 100 edged up in early trading as investors awaited the Bank of England’s next move on interest rates and quantitative easing to be announced at midday. Investors were also watching the unravelling Libor (the London Interbank Offered Rate) scandal with ratings agency Moody’s today threatening to downgrade Barclays over the damage to its [...]
… but total London hiring rises as new orders go up October 9, 2011 PRIVATE sector growth is accelerating in London, with the Lloyds TSB London business activity index showing new business inflows rising. The index rose from 53.7 in August to 54.4 in September, though it remains lower than the 59.5 seen in July. Any number above 50 indicates expansion. A small rise in employment was also recorded [...]
CITY MOVES | WHO’S SWITCHING JOBS July 3, 2012 Mayer Brown Alexandria Carr, the lead legal adviser at HM Treasury on EU financial services strategy, has been appointed by the law firm to its financial services, regulatory and enforcement group in London. She has worked for the UK government for 13 years, the last five of which were spent at the Treasury. Close Brothers [...]