It’s time to negotiate an international transfer at work – here’s how you do it August 31, 2015 It can be the best of times, it can be the worst of times. Our attitudes to the first few “back to work” days in September can encompass happiness, stoical acceptance, dread and everything in between. And data shows that it’s prime time for career re-evaluation. Last year, there was a 62 per cent rise [...]
Canary Wharf will rock you in tribute to Queen’s greatest hits August 4, 2015 CANARY Wharfers may have already been to a few events in Canada Square this summer, as the poor souls who’ve been stuck in the office all summer have been treated to a month of concerts – part of the finance hub’s Twilight Delights festival. Tonight, fans of classic 70s and 80s rock will be treated [...]
New formats to prompt boost in media revenues June 2, 2015 MOBILE internet usage will overtake broadband as early as 2017, a new report released today has found. The web usage figures relate to internet via a cellular mobile network, such as 3G or 4G. Such usage will increase 7.1 per cent a year, to bring in revenues of £7bn by 2019, according to the survey. [...]
City Moves for 14 July 2015 | Who’s switching jobs July 13, 2015 Advent Solutions Management The insurance consulting and outsource services provider has appointed Paul Bermingham to launch its new delegated underwriting support business. He joins as a director from Xchanging, where he was executive director, claims. Bermingham has 27 years’ experience in insurance. Templeton Emerging Markets Investment Trust Carlos Hardenberg has been appointed lead portfolio manager [...]
City Moves for 24 June 2015 | Who’s switching jobs June 23, 2015 PwC Alex Petsopoulos has been appointed partner in the professional services firm’s cyber security practice. He joins from Deloitte, where he was a partner in its security practice. Petsopoulos has over 14 years’ experience in the IT industry. State Street Global Advisors State Street’s asset management business has appointed Greg Ehret as president. He has [...]
Most women in finance don’t think they’ll ever get the top jobs, report shows June 9, 2015 Most women working in finance believe they won't make it to a senior position, according to a report by PwC. It claims there is a “perceived lack of career progression” among women, and this is preventing them from trying to rise the ranks. Read more: The world needs more women with top jobs in finance [...]
Fever pitch: Pfizer and Allergan $160bn pharma mega-deal makes 2015 a record-smashing year for global M&A November 23, 2015 Global mergers and acquisitions have soared to an all-time high, pushed into the record books by the largest pharmaceuticals deal in history. The total value of worldwide M&A hit $4.2 trillion (£2.8 trillion), according to figures from Thomson Reuters, overtaking 2007’s previous record high. Pfizer’s $160bn merger with Ireland-based Allergan became the latest mega-deal to be confirmed [...]
HSBC gets competitive at Corporate Challenge July 8, 2015 HSBC was determined to get a good result in the JP Morgan Corporate Challenge race yesterday, entering almost twice as many runners in the race as any other firm. The JP Morgan Corporate Challenge, an annual series of 5.63 km races organised by the firm that promote “fitness in the workplace”, saw its biggest turnout [...]
Buyout barons hit with a tax clampdown on carried interest July 8, 2015 UK PRIVATE equity dealmakers will be forced to pay more tax on performance fees after plans were unveiled to enforce higher capital gains charges on their income. So-called carried interest – the share of profits private equity managers take from a fund – is currently taxed at capital gains tax rates of 28 per cent [...]
Bank junction brought to standstill by cycle protest June 24, 2015 Hundreds of protesters brought Bank junction to a standstill this morning, as they gathered in a flash protest to highlight cycle safety. The protest, organised by the London Cycling Campaign, had been called at short notice following the death of 26-year-old PwC employee Ying Tao, who was killed in an accident involving a tipper [...]