Goldman shuffles executives May 16, 2011 Goldman Sachs has picked a third co-chief of investment banking to help ramp up its efforts in this branch of the business, the firm told employees yesterday. London banker Richard Gnodde will take up the role, while the bank’s current global head of M&A, Gordon Dyal, will become co-chairman of investment banking. The reshuffle is [...]
Goldman shuffles executives May 16, 2011 Goldman Sachs has picked a third co-chief of investment banking to help ramp up its efforts in this branch of the business, the firm told employees yesterday. London banker Richard Gnodde will take up the role, while the bank’s current global head of M&A, Gordon Dyal, will become co-chairman of investment banking. The reshuffle is [...]
Weak miners dip FTSE below key 200-day moving average June 8, 2011 MINING stocks, dented by heightened investor concerns about the strength of the global economic recovery, pushed Britain’s top shares below a key technical level yesterday, a bearish signal for the index. The FTSE 100 closed down 55.76 points, or one per cent, at 5,808.89, having breached its 200-day moving average of 5,815. US Federal Reserve [...]
LAW FIRM OF THE YEAR | The Shortlist day six June 26, 2011 THOUGH pipeline deals that spurred record law firm profits last decade are yet to return, an influx of regulation and demand for innovative ways to raise capital means law firms are more in demand than ever. Whether running multi-billion pound IPOs or reforming how their businesses are run, our shortlisted firms are at the top [...]
LAW FIRM OF THE YEAR | The Shortlist day six June 26, 2011 THOUGH pipeline deals that spurred record law firm profits last decade are yet to return, an influx of regulation and demand for innovative ways to raise capital means law firms are more in demand than ever. Whether running multi-billion pound IPOs or reforming how their businesses are run, our shortlisted firms are at the top [...]
Coe pleads with protesters not to spoil Olympic Torch’s relay route May 18, 2011 THE OLYMPIC Torch will undertake an 8,000 mile journey in the relay preceding the London Games with organisers calling on protest groups not to disrupt its passage after announcing the route yesterday. The Olympic Flame will arrive from Greece on 18 May next year and the relay will commence in Land’s End and continue for [...]
NO LUNCH FOR BLAIRS AT BANKING AIDE’S BASH July 4, 2011 SO MANY social engagements, so little time for Tony and Cherie Blair, who only had time for a quick drink at the fiftieth birthday for Russell Chambers – the man dubbed “Blair’s favourite banker” – before rushing off without sitting down to eat. Chambers, the Credit Suisse senior adviser who famously lent Blair a pair [...]
Commodities lift FTSE and offset weak banks and travel June 6, 2011 STRENGTH in commodity stocks helped Britain’s leading share index edge higher yesterday, offsetting weakness in banks and travel stocks, as some of the recent gloom lifted in the absence of further glum data. The FTSE 100 closed up 8.15 points, or 0.1 per cent, at 5,863.16 points, adding to Friday’s 0.1 per cent gain after [...]
STRICTLY BUSINESS BRIEF ENDS VINCE CABLE’S DANCING DREAM June 28, 2011 THERE is something bothering business secretary Vince Cable – and it’s not the separation of retail and investment banking, the Greek debt crisis or even waging war on Rupert Murdoch. No – Cable is concerned his demanding day job could mean he never fulfils his dream of returning to Strictly Come Dancing for a full [...]
DEALMAKER OF THE YEAR June 23, 2011 Recessions are when reputations are made, they say, and that has been true in the world of fund managers. While some have battened down the hatches, the ones on our list have seen opportunity in crisis, and pushed ahead with flotations and expansions, or have just taken the chance to expand. All are stars in [...]