What the other papers say this morning January 6, 2011 FINANCIAL TIMES GOLDMAN TEES UP SALE OF JAPAN GOLF COURSE Goldman Sachs is ending its long love affair with golf in Japan. The US investment bank is seeking buyers for its remaining stake in Accordia Golf, the country’s largest golf course operator. The proposed sale comes as Japan’s enthusiasm for golf is also cooling – [...]
The man who wants to get the SFO ready for business March 21, 2011 The country’s top fraudbuster Richard Alderman may be retiring next year but after arresting Robert and Vincent Tchenguiz he has very publicly taken on the fight of his life. Earlier this month, the Serious Fraud Office (SFO), of which the 58-year-old Alderman is the director, briefly arrested and questioned the billionaire brothers along with seven [...]
PM’S GAGS HAS HACKS ROLLING IN THE AISLES November 24, 2010 SEVERAL dozen political hacks were yesterday treated to an unusual dinner guest as David Cameron became the first serving Prime Minister to attend their regular parliamentary lunch club in 31 years. Asked about how he saw his role, he gave a concise summary of his prime ministerial style: “I see myself as more of a [...]
Swannell is the right man for M&S August 23, 2010 WHEN I had breakfast with Robert Swannell, the newly appointed chairman of Marks & Spencer recently, it was clear that the former investment banker was in anything but wind down mode. After three decades of working on mergers and acquisitions, sometimes over seven-day weeks involving late nights, Swannell could have been forgiven for putting his [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
CITY GYM LAUNCHES FAT BANKER CHALLENGE October 6, 2010 HOT ON the heels of last week’s much-lauded “Best Dressed Banker” award, and The Capitalist’s own rundown of the top ten hunkiest gents and loveliest ladies in the City, published in the summer, comes another, err, extra-curricular competition for London’s financiers. Matt Roberts, personal trainer to the stars, is on a mission to help the [...]
Majority of City lawyers support Tories May 4, 2010 HERE’S a thought: if our electorate comprised City lawyers – okay, maybe not that most appealing thought – the Tories would storm to an election win on Thursday. Legal Week magazine recently reckoned that almost two thirds of City partners (63 per cent) were backing Cameron. A survey by DLA Piper of 545 senior UK [...]
CITY MOVES | WHO’S SWITCHING JOBS August 26, 2010 McGrigors The law firm’s London office has appointed Karl Woolley as a partner in its finance practice. He is tasked with strengthening the firm’s relationship with the City’s banks and his experience in acquisition and funds finance is expected to aid this expansion. Woolley joins from SJ Berwin, where he is currently a partner. Prior [...]
KPMG looks to hand over Connaught jobs September 8, 2010 HOUSING repair firm Connaught formally appointed KPMG as its administrator yesterday, as rival property companies looked to take over the collapsed firm’s contracts. KPMG will keep the firm’s property maintenance arm trading until it has farmed out its contracts to other providers. Around 4,400 people face redundancy. Richard Heis, joint administrator, said the group had [...]