Why the City should vote Lib Dem in the EU elections May 20, 2014 LEAVING the EU is the surest way to pull the rug out from under the City’s feet. The Square Mile is Europe’s financial centre, with twice as many euro foreign exchange deals done in London than in any other country in the Eurozone. Holding our position at the heart of Europe is essential if we [...]
Time for cheques, bank hubs and rock and roll March 26, 2014 WORD reaches The Capitalist that we are but a guitar string away from a fully-fledged City rock band. As many of you know, economist and former MPC member Andrew Sentance has a rock streak, and he and his friend author Peter Cook have been skirting around the idea of forming the Square Mile’s first official [...]
City watchdog confirms move to Olympic Park April 2, 2014 STRATFORD moved closer yesterday to becoming London’s next business district after securing the Financial Conduct Authority as its first tenant. The City watchdog confirmed plans to move its 3,000 staff from its current offices in Canary Wharf to a new £2bn development next to the Olympic Park known as the International Quarter. The deal is [...]
Why Engawa is an unusually well thought-out restaurant March 17, 2015 In Japan, the fax machine is still king of the office. While the western hemisphere abandoned it at the first whiff of email, the Japanese persevered, appreciating the personal touch that comes from a hand-written note, even if that note has been broken down into a series of blips and hisses and reassembled somewhere far [...]
City Moves for 12 March 2014 | Who’s switching jobs March 11, 2014 MHA MacIntyre Hudson The accounting firm has announced the appointment of Sarah Jarvie as a manager in its restructuring and recovery team. She has over 15 years’ experience, and was most recently at KPMG. PwC The professional services firm has appointed two data analytics partners to its financial services risk and regulation team. Nick Bouch joins [...]
Banks battle to share bumper $240m deal fee April 28, 2014 CITY investment banks are squaring up for a share of the tie-up of AstraZeneca and Pfizer, in what could be the second biggest payday for advisers since the financial crisis. The cream of Square Mile and Wall Street will tussle in the coming weeks, with the seven banks working on the potential deal sharing $200m [...]
Charlie Hebdo shooting: Suspects “rob service station” in the north of France January 8, 2015 Police are searching woodland in the North of France in a manhunt for two gunmen involved in yesterday's shooting at satirical magazine Charlie Hebdo. The two men wanted in connection with the attack are suspected of robbing a service station near Villers-Cotterets to the north-east of Paris. Two men are said to have stolen food [...]
What the other papers say this morning – 03 June 2014 June 2, 2014 FINANCIAL TIMES Pay rises for senior bankers hit 10pc Banking chief executives received an average pay rise of 10 per cent last year as US banks handed their heads much more generous packages than their European rivals, highlighting the widening remuneration gap on either side of the Atlantic. The analysis of total pay awarded to [...]
Two of London’s oldest law firms to join forces next year December 10, 2014 A COUPLE of London’s oldest law firms – May, May & Merrimans, and Hunters – are to merge as of 1 April next year, they announced yesterday. The newly-formed firm will be known as Hunters, incorporating May, May & Merrimans, and will have its main office at 9 New Square, Lincoln’s Inn. It will be [...]
What do Liberum Capital, George Best and the Highlands have in common? April 14, 2014 Liberum Capital has recently had quite the honour bestowed upon it. The stockbroker, based usually in the heart of the City at Ropemaker Place, is taking to the skies – kind of. Flybe has named one of its planes after it. It’s called The Spirit of Liberum. Troubled airline Flybe has just gone [...]