CITY MOVES WHO’S SWITCHING JOBS November 29, 2009 Norton RoseThe law firm has appointed Kate Alliott to its banking practice in London as a debt capital markets partner.Alliott joins from legal giant Clifford Chance, where she was a partner in the capital markets group. She has wide-ranging debt capital markets and structured finance experience, with a specialist focus on project bonds and infrastructure [...]
CITY BROKER ISN’T JUST HORSING AROUND WITH NEW POLO VENTURE March 3, 2010 IT’S SET to be a good year for Daniel Fox-Davies, the jovial boss of City stockbroker Fox-Davies Capital. Foxy, you see, is a bit of a dark horse when it comes to his extra-curricular hobbies – along with running his oil and gas-focused brokerage, he spends much of his free time flying jets and helicopters, [...]
CITY MOVES | WHO’S SWITCHING JOBS January 18, 2010 Piper Jaffray The mid-market investment bank has poached Ian Wainwright from Canaccord Adams to join its corporate broking team as a principal. Wainwright has been a managing director at Canaccord since 2007, and was instrumental in building the firm’s life sciences franchise. Prior to that, he was in specialist biotech, medtech and pharma sales at [...]
IT’S DOG EAT DOG AMONG TOP RETAIL BANKERS February 1, 2010 IF THE government wants more competition in the retail banking sector, it’s more competition it’s gonna get. Hot on the heels of yesterday’s heart-warming tale about new High Street lender Metro Bank planning to welcome dogs into branches – and offer them free bowls of water and chewy bones – comes a response from Metro’s [...]
SMOKING-HOT CUBANS LAUGH IN THE FACE OF A CIGAR SALES SLUMP February 23, 2010 CAVIAR, lobster, champagne and sports car sales have all been dwindling over the course of the downturn, so I suppose we really should have seen this one coming. Apparently, the latest luxury product to take a tumble is the Cuban cigar, synonymous with bulging wallets the world over – which saw an eight per cent [...]
Spinvox in sale talks December 13, 2009 SPINVOX, the speech-recognition technology firm, is reportedly close to accepting a $150m (£92m) takeover offer from an American rival. Nuance Communications, which is Nasdaq listed, is rumoured to be in talks with the company, which has been dogged by allegations of financial mismanagement and claims its technology is not up to scratch. A sale of [...]
UK firms seek out new forms of finance November 22, 2009 UK companies are increasingly looking past banks to other forms of financing as a result of the financial crisis, according to an industry survey out today. And due to the difficulties in raising cash, firms are “more cautious” about all types of investment such as research and development, leading to projects being delayed or scrapped [...]
Study says customers want personal touch from their high street banks November 2, 2009 MORE than a fifth of banking customers have moved banks over the past two years due to dissatisfaction with the way they were treated, showing the importance of customer service in turbulent times. According to a YouGov study for the Deloitte, the amount and accessibility of branches, along with face-to-face interaction, remains a key consideration [...]
Hull deny sacking Brown as bookies suspend betting October 28, 2009 HULL CITY last night insisted manager Phil Brown had not been sacked and played down a warning from auditors about the club’s ability to stay solvent. Some bookmakers suspended betting on the under-fire Tigers boss to be the next top flight manager to go, after rumours spread that he had been fired. But Hull, who [...]
UK retail sales to dip in 2010 November 4, 2009 British retail sales will be flat over Christmas and are expected to fall 1.5 per cent in 2010, according to data from Deloitte. The business advisory firm said shoppers were moving towards supermarket groups and non-food retailers need to focus more on differentiating their products and improving customer service.