Have European financial fair play rules gone out of the window? January 31, 2011 EUROPEAN chiefs may want clubs to start breaking even, but that did not stop a huge Premier League spree yesterday. With so-called Financial Fair Play (FFP) rules on the horizon, City A.M. asked Dan Jones, of Deloitte’s Sport Business Group, to explain. Q: Are clubs ignoring FFP rules? A: Liverpool are shipping out a high-wage earner [...]
AMERICAN APPAREL DENIES WRONGDOING December 22, 2010 DOV Charney, chief executive of American Apparel, yesterday denied assertions that the US clothing retailer had withheld crucial financial information from Deloitte & Touche, which resigned as its independent accountant in July. American Apparel has faced criticism over lax financial controls and poor management.
Bostons is an RSA Angel March 15, 2011 ALL eyes will be on hot favourite Time For Rupert as he bids to maintain his 100 per cent record over fences in the RSA Chase (2.40pm) this afternoon. Last year’s World Hurdle runner-up looks a real natural over the bigger obstacles and loves the course – he has not been out of the first [...]
Bostons is an RSA Angel March 15, 2011 ALL eyes will be on hot favourite Time For Rupert as he bids to maintain his 100 per cent record over fences in the RSA Chase (2.40pm) this afternoon. Last year’s World Hurdle runner-up looks a real natural over the bigger obstacles and loves the course – he has not been out of the first [...]
CITY MOVES | WHO’S SWITCHING JOBS February 7, 2011 JP Morgan Private Bank Aastha Gurbax (pictured) has joined the private banking arm of JP Morgan, based in London. She will be a vice president on the private banking team, reporting to Olivier de Givenchy. Gurbax has previously worked at Morgan Stanley as an adviser for high net worth families and charities. Formerly, she was [...]
Will the weather affect your holiday plans? December 22, 2010 MARTIN ZETTER | LLOYDS “No, I don’t think it will. I’ll be fine this Christmas. I’m staying at home so the weather doesn’t affect my plans.” ALAN DIXON | INTER HANNOVER “I’ll be absolutely fine, I am at home this Christmas. It’s getting to work that is hard!” JACK MANDUIT | DELOITTE “Hopefully the weather [...]
Football clubs in record £215m transfer frenzy January 31, 2011 ENGLAND’S top football clubs last night defied the downturn by embarking on a record-breaking £215m transfer spending spree. Chelsea’s £50m signing of Fernando Torres and Liverpool’s £35m purchase of Andy Carroll were the day’s biggest deals as sides raced to recruit before the 11pm cut-off – their last chance to do business until the summer. [...]
Why the young are feeling worse off March 3, 2011 FORGET about class war; we are entering a new era of generational wars. There is a growing sense among younger people that they won’t enjoy as prosperous a life as their parents. It is easy to understand such concerns: powerful economic, technological, demographic and political forces are forcing the generations apart. For a start, the [...]
CITY MOVES | WHO’S SWITCHING JOBS January 27, 2011 Shire Global speciality biopharmaceutical company Shire has hired Emmanuel Chantelot, former executive director of the European Biopharmaceutical Enterprises (EBE), as director of European government relations and public policy. Chantelot brings 18 years of experience in policy advocacy, strategic communications and business interest representation towards the EU Institutions, global agencies and national governments. JP Morgan John [...]
IT’S A NEW CHANNEL, BUT NOT AS WE KNOW IT February 17, 2011 WITH viewers of Virgin Media unable to watch Sky’s new flagship channel Sky Atlantic because of a failure of the two groups to agree on price, chief executive Neil Berkett and his team were keen to downplay its attractions yesterday. Berkett described the channel as “completely unproven” while a colleague somewhat contemptuously chipped in to [...]