CITY MOVES WHO’S SWITCHING JOBS April 24, 2012 DC Advisory Partners The corporate finance advisory firm has announced the appointment of Terry Huffine as executive director in its European consumer, leisure and retail team. Huffine joins after eight years with ABN AMRO and, following its acquisition, at the Royal Bank of Scotland, where he was a director on the consumer team. He also [...]
CITY MOVES WHO’S SWITCHING JOBS April 24, 2012 DC Advisory Partners The corporate finance advisory firm has announced the appointment of Terry Huffine as executive director in its European consumer, leisure and retail team. Huffine joins after eight years with ABN AMRO and, following its acquisition, at the Royal Bank of Scotland, where he was a director on the consumer team. He also [...]
ARE YOU PLEASED TO SEE A RETURN IN SHAREHOLDER ACTIVISM? May 3, 2012 KEVIN POWELL XL INSURANCE No, I think businesses should be left to run themselves. That’s what executives get paid for. If investors don’t approve of the way the company is being run, they can get rid of their shares. ANDY SWAN JARDINE LLOYD THOMPSON Yes – if companies want to be on the stock exchange [...]
ARE YOU PLEASED TO SEE A RETURN IN SHAREHOLDER ACTIVISM? May 3, 2012 KEVIN POWELL XL INSURANCE No, I think businesses should be left to run themselves. That’s what executives get paid for. If investors don’t approve of the way the company is being run, they can get rid of their shares. ANDY SWAN JARDINE LLOYD THOMPSON Yes – if companies want to be on the stock exchange [...]
LLOYDS TO SLIM SAVOY DEBT EXPOSURE April 9, 2012 LLOYDS will shrink its exposure to the growing debt of London’s luxury Savoy Hotel in its new round of refinancing this year. It is understood that when the hotel seeks to roll over £230m of its debt following an expensive refurbishment, it is planning to tap up a syndicate of investors rather than going back [...]
LLOYDS TO SLIM SAVOY DEBT EXPOSURE April 9, 2012 LLOYDS will shrink its exposure to the growing debt of London’s luxury Savoy Hotel in its new round of refinancing this year. It is understood that when the hotel seeks to roll over £230m of its debt following an expensive refurbishment, it is planning to tap up a syndicate of investors rather than going back [...]
London leads jump in house prices as prime properties soar April 26, 2012 ASKING prices rose across the country at the start of 2012, new data revealed yesterday, with prices in London soaring and sales of multi-million pound homes rising. Asking prices rose an average of £3,104 or 1.8 per cent in the first quarter, hitting £221,387 according to findaproperty.com. London experienced the biggest rise, at 5.4 per [...]
Lloyds of London to spend £300m on new solvency rules January 26, 2011 Lloyd’s of London expects to spend £300m preparing for the European Union’s new Solvency II capital rules for insurers, the chairman of the insurance market said. “It’s a huge task,” said Peter Levene, Lloyd’s of London chairman told Reuters Insider. “It’s costing Lloyds markets just to get ready for Solvency II £300m. It’s a lot [...]
Lloyds of London to spend £300m on new solvency rules January 26, 2011 Lloyd’s of London expects to spend £300m preparing for the European Union’s new Solvency II capital rules for insurers, the chairman of the insurance market said. “It’s a huge task,” said Peter Levene, Lloyd’s of London chairman told Reuters Insider. “It’s costing Lloyds markets just to get ready for Solvency II £300m. It’s a lot [...]
FTSE down amid Eurozone gloom May 23, 2012 Miners led the FTSE down in early trading as a two-session rally hit the buffers. Fears that Eurozone leaders have lost control of the bloc’s fast unravelling finances sapped investor confidence. A summit in Brussels today will thrash out possible ways to tackle the latest phase of the crisis including France’s idea for the issuing [...]