WHAT THE OTHER PAPERS SAY THIS MORNING August 10, 2009 FINANCIAL TIMES BBC ARM WINS COURT RULING ON 2ENTERTAINBBC Worldwide, the BBC’s commercial arm, has won a court case against the administrators of Woolworths over the value of their 2Entertain joint venture. The decision at the High Court in London is likely to face an appeal by Deloitte, the administrators, who are fighting to maximise [...]
Emerging private equity plunges May 27, 2009 Private equity activity in emerging markets has plunged by 60 per cent since the credit crunch took hold, according to a study by accountancy giant Deloitte and Arbor Square Associates. The first quarter of 2009 saw just 51 private equity deals take place in emerging countries, compared to 128 deals in the third quarter of [...]
CITY MOVES WHO’S SWITCHING JOBS June 2, 2009 DeloitteThe business advisory firm has appointed Anne Hamilton to lead its insurance tax team. Hamilton was previously a tax partner at rival PricewaterhouseCoopers. “In light of Solvency II we anticipate that there will be considerable restructuring work to make sure that insurance companies’ balance sheets have capacity,” said Deloitte head of UK insurance Mark Fitzpatrick. [...]
The private equity boss who says credit is about to flow once again October 5, 2009 THE economic downturn has meant that private equity business Duke Street, like the rest of the industry, has spent the last 12 months treading water – and its managing partner Peter Taylor is keen the firm gets on with things over the coming year. Cutting deals is meat and drink to London’s private equity industry. [...]
CITY MOVES WHO’S SWITCHING JOBS June 18, 2009 DeloitteThe professional services firm has appointed Mark Carter and Nick Seaver, pictured, to partner in its UK security, privacy and resilience group. Carter joined the firm in 2005, having previously worked for Accenture and BSkyB. Seaver joined in 2002 as a security, technology and control specialist, focusing on the financial services sector. Nomura The Japanese [...]
CITY MOVES WHO’S SWITCHING JOBS June 8, 2009 DeloitteThe business advisory firm has appointed risk management specialist Philipp Keller to its European Solvency II team. Keller, who joins the Zurich office as head of insurance risk management, was previously head of research and development and a board member of the Federal Office of Private Insurance in Switzerland. He is also an adviser on [...]
CITY MOVES WHO’S SWITCHING JOBS June 8, 2009 DeloitteThe business advisory firm has appointed risk management specialist Philipp Keller to its European Solvency II team. Keller, who joins the Zurich office as head of insurance risk management, was previously head of research and development and a board member of the Federal Office of Private Insurance in Switzerland. He is also an adviser on [...]
Premiership regains place as world’s most profitable league June 3, 2009 CHAMPIONS Manchester United yesterday set the trend for Premier League football clubs after announcing a lucrative shirt deal on the day when record-high revenue figures were announced. The Old Trafford club agreed to a four-year sponsorship deal with insurance giant Aon Corporation, replacing that of troubled AIG, which was bailed out by the US government. [...]
Premiership regains place as world’s most profitable league June 3, 2009 CHAMPIONS Manchester United yesterday set the trend for Premier League football clubs after announcing a lucrative shirt deal on the day when record-high revenue figures were announced. The Old Trafford club agreed to a four-year sponsorship deal with insurance giant Aon Corporation, replacing that of troubled AIG, which was bailed out by the US government. [...]
IMF boss says further pain may lie ahead June 15, 2009 DOMINIQUE Strauss-Kahn, the head of the International Monetary Fund (IMF), has spoken out after recent reports of “green shoots”, warning the worst of the global financial crisis may not yet be behind us. Speaking on a visit to Kazakhstan, he said the IMF needed to be cautious about calling an economic recovery, although he said [...]