City Moves for 19 February 2013 | Who’s switching jobs February 18, 2013 Barings The asset management firm has announced the appointment of Angus Woolhouse as global head of distribution. Woolhouse has over 20 years’ experience in the asset management industry, and has held senior roles at Gartmore, Invesco and HSBC Asset Management. Colliers The commercial real estate services company has appointed Mark Emburey as a director in [...]
The benefits and limitations of furthering your education January 16, 2013 TAKING a masters in finance or management can be tempting for many graduates, especially given the need for a competitive edge in today’s tough City jobs market. The data lends some support to this view. At Imperial College Business School, a respective 87 and 88 per cent of 2011 masters in finance and management graduates [...]
Fair Data standard to launch in bid to combat privacy worries January 27, 2013 A NEW standard for companies’ use of personal data will be launched today amid increasing fears over privacy. Organisations will now be able to sign up for Fair Data accreditation, a standard that it is hoped will have the same effect as the Fairtrade mark applied to consumer products such as coffee. The Fair Data [...]
City Moves for 11 February 2013 | Who’s switching jobs February 10, 2013 Cushman and Wakefield Donald Reid will join the real estate services company as a head of project management and building surveying. Reid has over 17 years’ experience as a qualified building surveyor, and was most recently head of project management at Davis Langdon. Halebury The law firm has announced three new hires. Michelle Harris, a [...]
Hotel industry to face slower growth in 2013 January 13, 2013 THE HOTEL sector is set to slow down in all of the major European cities this year, as continuing economic headwinds and increasing competition combine to hold back growth, a new study shows. PwC’s latest European hotel forecast published today predicts that though 2012 proved a resilient year for the sector, revenue per available room [...]
City Moves for 10 January 2013 | Who’s switching jobs January 9, 2013 RBS Guy Wylie has been appointed head of primary markets, Asia Pacific at RBS. He has over 20 years’ experience in banking, and most recently worked at UBS as head of Asian debt capital markets and leveraged finance. Wylie previously joined RBS in 2005, after spending several years with JP Morgan and Arthur Andersen in [...]
British chiefs anticipate M&A shopping spree January 22, 2013 BRITISH bosses are expecting a wave of big deals in 2013, planning to expand their companies through mergers and acquisitions rather than via organic growth, research from PwC has revealed. An international survey of chief executives found that 43 per cent of British business leaders plan to complete a domestic M&A deal this year, the [...]
Letters to the editor February 5, 2013 Bank ringfencing [Re: Ringfencing is the wrong solution to the wrong problem, yesterday] It’s right to point out that Northern Rock, HBOS, and Bradford and Bingley were largely retail banks. But that doesn’t mean there isn’t a problem to solve. Retail banks have been relying on a flood of cheap money from the Bank of [...]
What the other papers say this morning January 8, 2013 FINANCIAL TIMES Telecoms discuss Europe network Europe’s top telecoms executives are discussing the creation of a pan-European infrastructure network to unite the continent’s fragmented national markets, following prompting from Brussels to consider more radical options. The idea of pooling telecoms infrastructure emerged at a private meeting between Joaquín Almunia, the EU’s competition chief, and bosses [...]
Time for plan AA February 25, 2013 BRITAIN urgently needs to slash red tape, cut taxes and improve transport links to get growth back on track, City grandees argued last night, urging George Osborne to reform the economy without wasting any more time. The government lost its triple-A credit rating from Moody’s on Friday night as borrowing is on course to rise [...]