Robert Walters in profit rebound March 2, 2011 Recruiter Robert Walters posted a rebound in 2010 pre-tax profit, fuelled by its Asia-Pacific arm, and said its outlook for 2011 was broadly positive. The company, which specialises in placing people in accountancy, engineering and IT, said pretax profit in 2010 was £13.1m, up from £1.3m the year before. Revenues were 41 per cent higher [...]
CITY MOVES | WHO’S SWITCHING JOBS February 2, 2011 Betfair The bookies have appointed a new non-executive director to its board: Baroness Denise Kingsmill. She will also sit on the company’s audit committee in this role. Kingsmill has experience serving on the competition commission, of which she was deputy chairman 1996-2003, and she has also chaired three reviews and taskforces for various government departments. [...]
CITY MOVES | WHO’S SWITCHING JOBS February 2, 2011 Betfair The bookies have appointed a new non-executive director to its board: Baroness Denise Kingsmill. She will also sit on the company’s audit committee in this role. Kingsmill has experience serving on the competition commission, of which she was deputy chairman 1996-2003, and she has also chaired three reviews and taskforces for various government departments. [...]
Robert Walters sees fees soar with China boost January 7, 2011 WHITE-COLLAR recruitment firm Robert Walters said net fees for the year grew by nearly half, bolstered by growth in China and strong levels of activity across its markets which the company expects to continue. The white-collar recruiter said that group net fee income, also known as gross profit, rose 49 per cent to £155.3m from [...]
Bonuses push exec earnings up 55 per cent October 28, 2010 FTSE 100 directors saw their total earnings rise 55 per cent year-on-year, fuelled by a massive increase in bonuses and performance related pay. Across the FTSE 350 total board pay rose an average of 45 per cent in the year to June 2010, according to the latest Directors Pay Report by Incomes Data Services (IDS). [...]
Accountants in demand October 12, 2010 It’s a good time to be a newly-qualified accountant, with organisations seeking to drive change creating more posts. According to recruiter Robert Walters, financial accountants, credit control and billing specialists and assistant management accountants were all in demand during the third quarter. Investment banks are keen to find accountants with technical knowledge, while demand for [...]
INSIDE THE MISCHIEVOUS MIND OF A FIXED INCOME BONDS ANALYST October 10, 2010 EVER wondered about the fantasies of a bonds analyst? Well, no, we can’t say we did either, until Evolution Securities’ Gary Jenkins decided to bare all in his column for Credit Matters. Fresh from his promotion to head of fixed income, Jenkins’ megalomaniacal ambitions know no limit: he imagines himself in a new role as [...]
Darkening jobs outlook won’t hit recruitment firms equally October 10, 2010 DARK clouds have been gathering on the employment horizon for some time and the outlook for the UK jobs market has been getting steadily gloomier. Last week, a survey conducted by the Recruitment and Employment Confederation (REC) and KPMG warned of a double-dip in the jobs market and said employment had flatlined. This week, official [...]
Growth in UK boosts Robert Walters’ fees October 6, 2010 GLOBAL recruiter Robert Walters has seen a spike in fees during the third quarter, driven by strong growth in the UK and Asia. Robert Walters said that gross profit for the three months to the end of September soared 65 per cent to £42.5m. The rise is against a low comparison last year when fees [...]
ANALYST VIEWS: WHAT DO YOU THINK OF ROBERT WALTERS’ RESULTS? October 6, 2010 KEAN MARDEN | ROYAL BANK OF SCOTLAND At the divisional level, Asia Pacific was softer than expected – according to the company this was driven by financial services hiring rather than a general loss of momentum around the Australian general election – and the UK’s stronger performance. CAROLINE DE LA SOUJEOLE | SEYMOUR PIERCE Robert [...]