WHAT THE OTHER PAPERS SAY THIS MORNING October 18, 2011 FINANCIAL TIMES FRANCE WARNS OVER EURO CRISIS France has warned that European unity would be at risk if Eurozone leaders failed to take bold action to tackle its sovereign debt crisis at a crucial summit this weekend. President Nicolas Sarkozy said leaders will take “very important decisions in the coming days” and said the destruction [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 18, 2011 FINANCIAL TIMES FRANCE WARNS OVER EURO CRISIS France has warned that European unity would be at risk if Eurozone leaders failed to take bold action to tackle its sovereign debt crisis at a crucial summit this weekend. President Nicolas Sarkozy said leaders will take “very important decisions in the coming days” and said the destruction [...]
Another low for the FTSE as banks and miners take a hit October 4, 2011 BRITAIN’S top share index hit a 15-month closing low yesterday, with banks and commodity stocks leading a broad-based sell-off, as growing doubts over Greece’s ability to stave off a debt default triggered fears of financial turmoil. The UK benchmark ended down 131.06 points, or 2.6 per cent, at 4,944.44, its lowest close since 5 July [...]
CITY MOVES | WHO’S SWITCHING JOBS September 12, 2011 Savills The property services firm has hired Iain Chapman as senior director of regional commercial leasing in Asia, based in Hong Kong. Chapman began his real estate career in Asia in 1990, joining Savills in 1995, before moving to Colliers in 2000, as director and co-head of Hong Kong commercial leasing. Chapman will work with [...]
Aldermore reaches break even August 1, 2011 New bank Aldermore has broken even, two years after its launch, and has accumulated total assets of more than £1bn, the company said on Monday. Aldermore said it now had loans of more than £800m for 9,500 customers, and had 42,000 deposit accounts. Aldermore and other new entrants such as Metro Bank, Haymarket Financial are [...]
Aldermore reaches break even August 1, 2011 New bank Aldermore has broken even, two years after its launch, and has accumulated total assets of more than £1bn, the company said on Monday. Aldermore said it now had loans of more than £800m for 9,500 customers, and had 42,000 deposit accounts. Aldermore and other new entrants such as Metro Bank, Haymarket Financial are [...]
The inspiring tale of Falklands vet’s business triumph April 1, 2012 MY DAD was in the RAF, and I wanted to be a pilot. But after a school medical found I was colour-blind, my hopes were shattered. My dad pushed me to become an accountant, and I eventually gave in and enrolled in an accountancy degree in Dundee. From the start, I knew I wasn’t going [...]
RBS Aviation sale underway July 24, 2011 BANK of China has emerged as a leading contender in the race to snap up the aircraft leasing business being sold off by Royal Bank of Scotland. The bank said its aircraft leasing division RBS Aviation Capital was on the block again, a year after it shelved a previous sale attempt. Bank of China, General [...]
Deutsche says Europe crisis could kill weak banks September 5, 2011 Europe’s sovereign debt crisis will stunt bank profit for years and could kill off the weakest, Deutsche Bank chief executive Josef Ackermann has told an industry conference. “Prospects for the financial sector overall … are rather limited,” the chief executive of Germany’s biggest bank said. “The outlook for the future growth of revenues is limited [...]
CITY MOVES | WHO’S SWITCHING JOBS July 27, 2011 Royal Bank of Scotland The bank has appointed Helen Gordon as head of West Register, its special unit for distressed property assets in a newly created role with responsibility for global strategy. Her main task will be to maximise the returns to the group from property assets. Gordon joins from Legal and General Investment Management [...]