CITY MOVES | WHO’S SWITCHING JOBS October 19, 2011 Rockspring Rockspring Property Investment Managers has appointed Hugh Bigham (pictured) as head of capital raising and client services for North America. Bigham joins from the Sydney office of Principle Advisory Services, where he supported real estate and private equity managers. In addition, Julianne Cho joins from Cornerstone Real Estate Advisers as client services representative in [...]
HOME FROM HOME FOR HYDE PARK OLIGARCHS November 9, 2011 LUCA del Bono has been busy ever since he exited Quintessentially, the concierge service he started with Ben Elliot, to start his property fund Del Bono & Partners. The leisure-focused fund has bought £150m-worth of property over the last two years, recently acquiring the C London restaurant in Mayfair and 50 St James’s, where del [...]
Outraged City hits back on EU audit plan September 27, 2011 PWC BOSS Ian Powell has lead the charge against the European Commission’s (EC) proposed shake-up of the accounting industry. Writing in City A.M. today, Powell says the proposed creation of audit-only firms could “create severe disruption and undermine quality and confidence”, and calls for more input from UK firms in shaping the final reforms. Other [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 26, 2011 FINANCIAL TIMES BP PROPOSES FOURTH PIPELINE ROUTE TO BRING AZERBAIJAN GAS TO EUROPE BP is planning a pipeline stretching 1,300 km across three countries to bring gas from Azerbaijan to Europe. The scheme is a new entrant in the highly charged competition to construct a supply route to the Caspian basin and reduce Europe’s dependence [...]
CITY MOVES | WHO’S SWITCHING JOBS October 10, 2011 Man Group Man Group, Europe’s largest hedge-fund, has appointed Nina Shapiro as non-executive director. Shapiro previously held senior roles within the World Bank and was Vice President, Finance and Treasurer of the International Finance Corporate from 2000 to 2011. After joining the World Bank in 1978, Shapiro held posts including director of project finance and also [...]
Pay packages for top British executives to start growing September 11, 2011 THE PAY packets of Britain’s top executives are set to start growing again after two years of stagnation, according to a survey released today, with almost 80 per cent of companies in the FTSE 350 saying they plan to increase payouts this year. Main board directors at FTSE 100 firms can expect their salaries to [...]
Euro deal on hold as Dexia is saved October 9, 2011 NEGOTIATIONS between the Eurozone’s biggest economies appeared to have stalled yesterday as France and Germany refused to detail how they will recapitalise the region’s teetering banks. A highly anticipated meeting yesterday resulted in a bland statement by German chancellor Angela Merkel that politicians “are determined to do the necessary to secure the recapitalisation”, which the [...]
CITY MOVES | WHO’S SWITCHING JOBS September 25, 2011 West Pioneer Properties The developer and operator of shopping centres and mixed use developments in west and south India has appointed Chris Hough as a non-executive director. Hough, 52, has a career spanning 34 years, both in the UK and overseas. Hough has worked on the Broadgate development and the Imperial War Museum, and has [...]
CITY MOVES | WHO’S SWITCHING JOBS August 22, 2011 Savills The property firm has strengthened its building and project consultancy team by hiring surveyors Edward Wilson and Tim Cole, who will be based at the Finsbury Circus office in the City of London. Wilson (pictured) joins Savills from Drivers Jonas Deloitte, where he worked in the building consultancy team for over three years. Cole [...]
MADE IN CHELSEA DIAMOND HEIR DIGS DEEP FOR HIS NEXT VENTURE November 15, 2011 HIS FAMILY made their fortune digging for diamonds in the Congo and Sierra Leone, but Made in Chelsea stalwart Francis Boulle is interested in mines of a different kind. Fundmine, to be precise, an online investment platform that allows entrepreneurs to sell their company visions to private investors that has to date attracted £8.7m of [...]