CITY MOVES | WHO’S SWITCHING JOBS July 18, 2011 HSBC HSBC has promoted Krishna Patel, chief executive of HSBC Africa, to chief executive of its Global Private Banking division, reporting to group chief executive Stuart Gulliver. Patel will start his new role on 1 September, initially based in Geneva, and will focus on strengthening the bank’s presence in the fastest-growing wealth markets. Patel, who [...]
PwC hires 351 paid interns June 26, 2011 PricewaterhouseCoopers, the professional services firm, opens its doors this week to 351 paid interns nationwide, the largest group ever to join the firm’s summer business programme for students. There has been an 88 per cent increase in applications for summer work experience programmes and over 25 per cent of this year’s full time graduate intake [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 3, 2011 FINANCIAL TIMES HEFNER SON-IN-LAW SETTLES CASE The son-in-law of Hugh Hefner, founder of Playboy Enterprises, has been sued by the US Securities and Exchange Commission for allegedly trading shares based on secret information he learnt from his wife, the magazine publisher’s long-time chief executive. William Marovitz, who is married to Hefner’s daughter Christie, agreed to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 3, 2011 FINANCIAL TIMES HEFNER SON-IN-LAW SETTLES CASE The son-in-law of Hugh Hefner, founder of Playboy Enterprises, has been sued by the US Securities and Exchange Commission for allegedly trading shares based on secret information he learnt from his wife, the magazine publisher’s long-time chief executive. William Marovitz, who is married to Hefner’s daughter Christie, agreed to [...]
TJ Hughes on brink of collapse June 27, 2011 TJ Hughes has filed its intention to appoint an administrator, bringing another UK high street stalwart to the brink of administration. The Liverpool-based business, which has operated since 1912, has 57 department stores nationwide and employs around 4,000 staff. The stores, which sell branded items at discounted prices, was bought by private equity group Endless [...]
House prices dip 0.4pc in May June 28, 2011 House prices in England and Wales fell by 0.4 per cent in May, data from the official Land Registry showed. Average residential property prices were 2.2 per cent lower than a year ago at £161,823, the Land Registry said. The only region in England and Wales to buck the downward trend was London which saw [...]
House prices dip 0.4pc in May June 28, 2011 House prices in England and Wales fell by 0.4 per cent in May, data from the official Land Registry showed. Average residential property prices were 2.2 per cent lower than a year ago at £161,823, the Land Registry said. The only region in England and Wales to buck the downward trend was London which saw [...]
Summer feel-good factor sees morale soar on high street June 14, 2011 SUMMER’S feel-good factor saw consumer confidence bounce back last month, a Nationwide survey revealed today. The leading barometer of morale on the British high street jumped 11 points, from 44 in April to 55 in May. “Despite recording one of the biggest monthly jumps ever, the index still sits nine points lower than the same [...]
Surviving British Military Fitness October 3, 2011 W E’VE had our hottest October ever (well, since 1985), and – with more sun forecast before winter sets in – there’s just no excuse to avoid that park. And so it was with this in mind this weekend that I decide my occasional determination to dip into a trim trail should be put to [...]
BoI to avoid state control July 25, 2011 THE Bank of Ireland will become Ireland’s only lender to avoid majority state control after the government announced yesterday that private investors have agreed to buy a stake worth €1.1bn (£971m) in the beleagured bank. The news saw investors make a grab for shares in the country’s biggest lender, whose stock closed up three per [...]