London Hong Kong Dragon Boat Festival causes a splash in the Royal Albert Dock June 30, 2014 The London Hong Kong Dragon Boat Festival got underway yesterday with teams from PwC, EY, ABP Investment (pictured, far left), Lycamobile (pictured, middle) and Bank of East Asia (pictured, right) all competing in the dragon-headed crafts in the Royal Albert Dock. They battled through the afternoon’s heavy showers, with ABF The Soldiers’ Charity taking the [...]
City Moves for 22 July 2014 | Who’s switching jobs July 21, 2014 PwC George Stylianides has been appointed leader of PwC’s financial services risk and regulation practice. He is taking over from Julie Coates, who is returning to Australia after four years in the UK. Stylianides has over 25 years’ experience working in financial institutions. Natixis Global Asset Management The asset manager has announced four appointments to [...]
International exposure is key to the MBA experience September 25, 2014 But studying at a foreign business school isn’t the only way to get it GLOBALISATION has turned many corners of the world upside down, but few more so than business education. When the Tuck School of Business was founded in 1900, a tiny faculty taught an initial cohort of just four US students. Today, at [...]
City Moves for 15 August 2014 | Who’s switching jobs August 14, 2014 KPMG Yael Selfin has been appointed as a director in the firm’s economics and disputes practice. She joins from Edymar, a boutique consultancy she created and led. She has also been a partner at Volterra, and held the position of head of macro consulting at PwC. Jersey Finance Robert Christensen has been appointed chairman of [...]
City Moves for 18 August 2014 | Who’s switching jobs August 17, 2014 CWPA City and Westminster Property Associations announced the appointment of a new executive director, Charles Begley, who will take up his post in October. An ex-journalist and comms expert, he is a senior partner at TTA Property, part of The Good Relations Group and the specialist corporate, consumer and stakeholder real estate arm of top [...]
Pension plans in best position for seven years June 9, 2014 BRITAIN’S biggest companies are nearing the best position to fund pension schemes since before the financial crisis, following a sudden reversal of fortunes for UK corporate pension plans, a study out today shows. Firms listed in the FTSE 350 are better placed to support their defined benefit pension schemes than at any time over the [...]
Should culture trump strategy? It’s no contest November 27, 2014 Forget Alton Towers away days – values do not change overnight. The baseball team, the club, the academy and the fortress – four categories of corporate culture outlined by Yale’s Jeffrey Sonnenfeld in 1988. Is your firm a group of well-rewarded star players, prone to moving on to better opportunities (the baseball team)? Or [...]
AA gets third boss in a year amid ongoing upheaval at motor icon August 28, 2014 FORMER car park boss Bob Mackenzie yesterday became the latest in a string of corporate executives to try their hand at running motoring icon AA. Mackenzie, who will break City convention and combine the role of chairman and chief executive at the group, follows in the footsteps of outgoing boss Chris Jansen, who left yesterday, [...]
Kurdistan oil firms crash as Iraqi militants edge closer August 8, 2014 SHARES in Kurdistan-focused energy explorers plunged yesterday as Sunni Muslim jihadi group Isis edged closer to the autonomous region’s oil reserves. London-listed Gulf Keystone Petroleum and Genel Energy closed 11.4 per cent and 10.1 per cent lower respectively, after it emerged that Isis had seized at least three more towns near Kurdistan. Both companies have [...]
Banco Espiririto Santo share price collapses on dreadful results July 31, 2014 Banco Espirito Santo was hammered once again yesterday, as the struggling group’s share price collapsed even further following dismal results. Shares fell by a shocking 42.07 per cent during the day, hovering just above €0.20. At the beginning of April, the price was nearly seven times as high, at just over €1.40. Results released late [...]