Banking set for Asian jobs boom May 22, 2011 CITY workers are looking towards the Far East for the fastest expanding job opportunities, a survey from a top headhunting firm out today reveals. Almost three quarters of banking or hedge fund staff named eastern Asian cities as the leading job-creators for financial services, according to recruiters Astbury Marsden. Singapore will create the most financial [...]
Deloitte quits its Swiss base for British HQ September 21, 2010 ACCOUNTING giant Deloitte Touche Tohmatsu has given the UK a vote of confidence after ditching its Swiss base and relocating to British shores. The move comes as part of a radical legal overhaul of the accountant’s global structure and sees Deloitte make the UK its new legal home. As part of the legal overhaul, Deloitte [...]
Bosses face a pay freeze in 2010: Deloitte September 12, 2010 MORE than half of FTSE 350 companies will not increase the salaries of executive directors in 2010 although bonuses are bouncing back, according to a report by Deloitte today. The figures from the professional services firm reveal a salary freeze for many executives, after over two thirds were awarded no pay increase in 2009. Those [...]
Bosses face a pay freeze in 2010: Deloitte September 12, 2010 MORE than half of FTSE 350 companies will not increase the salaries of executive directors in 2010 although bonuses are bouncing back, according to a report by Deloitte today. The figures from the professional services firm reveal a salary freeze for many executives, after over two thirds were awarded no pay increase in 2009. Those [...]
Companies face £7 trillion debt pile due in five years March 20, 2011 INDEBTED companies face a scramble for capital as they try to refinance $11.5 trillion (£7.15 trillion) of loans globally in the next five years, a report showed today. But the supply of capital is likely to be limited, as banks hold nearly $6 trillion of maturing debt and will be negotiating their own refinancing efforts [...]
LOANING TOP TALENT TO THE GAMES March 8, 2011 DELOITTE, one of the Olympics sponsors, is playing a major part in making the games in 2012 a winner by offering up staff to play key roles in the organisation of the event. The auditing and consulting giant has seconded some of its top people to help create the best Olympics ever as have other [...]
ANALYST VIEWS: WILL INFLATION CONTINUE TO RISE IN THE UK? April 10, 2011 GEOFFREY WOOD | CASS BUSINESS SCHOOL Yes, and it is already too high, after the Bank yet again made the mistake of keeping rates at 0.5 per cent. For years they have gravely underestimated external price influences, and so consistently missed its two per cent inflation target for CPI. IAN STEWART | DELOITTE Most people [...]
Forget the made-for-TV nonsense, the race is on to find real apprentices April 6, 2011 DAVID Willetts, the minister for universities and higher education, courted controversy when he suggested that graduates should consider starting a business if they were struggling to find work. But some of the City’s finest took this to heart and cooked up an idea to boost Britain’s entrepreneurial spirit and give the UK’s best and brightest [...]
Forget the made-for-TV nonsense, the race is on to find real apprentices April 6, 2011 DAVID Willetts, the minister for universities and higher education, courted controversy when he suggested that graduates should consider starting a business if they were struggling to find work. But some of the City’s finest took this to heart and cooked up an idea to boost Britain’s entrepreneurial spirit and give the UK’s best and brightest [...]
JP Morgan is City’s number one adviser May 30, 2011 JP MORGAN Cazenove has maintained its place at the top of the City’s broker advisory tables despite losing five clients since last quarter, according to the latest figures from financial data firm Hemscott. The company now has 239 clients – still a fair way off its peak of 251 in early 2010 but streets ahead [...]