Gam investment director investigation sparked by whistleblower September 25, 2018 An investigation into former Gam Investments director Tim Haywood was sparked by concerns raised by a whistleblower. The Zurich-headquartered asset management firm launched an internal probe into Haywood's conduct in November last year, however the whistleblower went on to contact the Financial Conduct Authority four months later. Read more: Gam shares slide after Credit Suisse slash price target Haywood, [...]
Over-50s holiday and insurance company Saga hires new finance boss from Zurich September 20, 2018 Saga has ended its six-month search for a chief financial officer with the hire of James Quin from Zurich. Quin, who will join on 1 January, will become Saga’s chief financial officer (CFO) and executive director. He joined Zurich in 2013 from PwC and prior to that was a managing director at Citi where he [...]
Over-50s holiday and insurance company Saga hires new finance boss from Zurich September 20, 2018 Saga has ended its six-month search for a chief financial officer with the hire of James Quin from Zurich. Quin, who will join on 1 January, will become Saga’s chief financial officer (CFO) and executive director. He joined Zurich in 2013 from PwC and prior to that was a managing director at Citi where he [...]
Brexit means… businesses are desperate for multilinguists September 17, 2018 News that Chinese has overtaken German among A-Level students seems to make sense on paper. With Brexit on the cards and the UK looking to the global stage, Chinese – the most spoken language in the world – seems like the most sensible option for young linguists with ambitions for an international career. But our [...]
Brexit means… businesses are desperate for multilinguists September 17, 2018 News that Chinese has overtaken German among A-Level students seems to make sense on paper. With Brexit on the cards and the UK looking to the global stage, Chinese – the most spoken language in the world – seems like the most sensible option for young linguists with ambitions for an international career. But our [...]
The rise of Chinese finance puts pressure on London and New York as top financial centres September 12, 2018 London and New York remain the top two financial centres in the world but Asian cities are hot on their heels, according to an authoritative ranking to be published today. A major report from London-based think tank and consultancy Z/Yen will show the average ranking of financial centres in Asia and the Pacific region rose [...]
City Moves for 7 September 2018 – who’s switching jobs at Fenchurch Advisory Partners, Wyelands Bank and CVC Credit Partners? September 7, 2018 Today’s City Moves cover financial services, small-business banking and Fenchurch Fenchurch Advisory Partners has appointed William Nourse as a senior managing director. William has more than 20 years of experience of corporate finance in the financial services sector. He joins from Credit Suisse, where he was a managing director in the financial institutions group. Before [...]
Swiss law firm launches London office in bet on post-Brexit disputes spike September 4, 2018 Swiss dispute resolution law firm Lalive said today it is launching its first office in the City as it makes a bet on London becoming a more attractive arbitration centre post-Brexit. Marc Veit, a partner who is moving from the firm’s Zurich office to its new London base, said the City could be poised for [...]
Gam shares slide after Credit Suisse slashes price target August 30, 2018 Shares in Swiss asset management firm Gam plummeted more than ten per cent this morning after Credit Suisse halved its price target for the stock. Gam Holdings' shares were down 10.4 per cent to SFr7.32 (£5.80) at midday after the banking giant cut its target from SFr14.20 to SFr7. The troubled company announced the start of a liquidation process for unconstrained/absolute [...]
London City Airport wins boosted seat capacity with bolstered BA fleet August 29, 2018 British Airways is expanding its fleet of Embraer 190 aircraft at London City Airport (LCA) next year under its BA CityFlyer brand. The addition of four new planes mean there will now be 26 BA CityFlyer aircraft operating at LCA, leading to job opportunities and a boosted seat capacity of 20 per cent. Along with the new aircraft, BA CityFlyer is [...]