CITY MOVES | WHO’S SWITCHING JOBS September 7, 2010 Deloitte The accountancy firm has appointed UK partner Chris Harvey as the new head of its financial services group. Harvey has been a partner since 2002 and has been global head of banking and securities since 2008. He will focus on growing the financial services business in Asia, Latin America, the Middle East and Eastern [...]
CITY MOVES | WHO’S SWITCHING JOBS September 2, 2010 Signia Wealth The wealth manager has hired Mark Elliott as managing director. Elliott is joining the family-run firm from Barclays Wealth, where he established the financial institutions group and professional practices business in 2007. Before this he worked for private bank Coutts as group head for the executive team and as group head for the [...]
Connaught in administration September 7, 2010 TROUBLED social housing repair firm Connaught put most of its business into administration yesterday, after its lenders refused to further fund the company. The FTSE 250 component said last night that its public sector business will be put into the hands of administrators KPMG, though its environment and compliance arms will remain in operation. The [...]
Sports broadcaster Setanta collapsed with £550m debts July 11, 2010 SPORTS broadcaster Setanta’s British arm collapsed owing £550m to creditors including the Football Association and the Scottish Premier League, according to the final report from administrator Deloitte. Setanta imploded last summer with outstanding bank loans of £261m and unsecured debts of £288m. Unsecured lenders will receive 2p for every pound claimed. Setanta tried to muscle [...]
London hoteliers report boom July 14, 2010 Hotels in London have reported a 9.3 per cent surge in revenue per available room during the first half of 2010 to £102. Average room rates were the key driver of growth, up 7 per cent to £129, while occupancy rose 2.1 per cent to 78.9 per cent, according to research by Deloitte.
London hoteliers report boom July 14, 2010 Hotels in London have reported a 9.3 per cent surge in revenue per available room during the first half of 2010 to £102. Average room rates were the key driver of growth, up 7 per cent to £129, while occupancy rose 2.1 per cent to 78.9 per cent, according to research by Deloitte.
CITY MOVES | WHO’S SWITCHING JOBS August 31, 2010 Russell-Cooke LLP The London law firm has continued its expansion by hiring Edward Wanambwa as employment partner. He joins from CM Murray LLP, having trained at Bryan Cave and previously worked at Clifford Chance. He has been tasked with building the firm’s business immigration practice, having worked on immigration issues throughout his career. This brings [...]
Lords to quiz Big Four auditors over their role in banking crisis July 27, 2010 THE HOUSE of Lords has launched a wide-ranging review into the role of the Big Four accountants in the financial crisis. The economics affairs committee will probe auditors PwC, Ernst & Young, KPMG and Deloitte over whether they could have done more to alert investors to the risks in the banking system. The review piles [...]
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. [...]