City Moves for 16 September 2015 | Who’s switching jobs September 15, 2015 BARCLAYS Ian Gilmartin has been appointed head of retail and wholesale for Barclays’s corporate bank. He has over 20 years’ experience and has spent the past five years as part of the leadership in Barclays’ retail and wholesale team. Gilmartin has also held roles at Dresdner Kleinwort Benson and Allied Irish Banks. DELOITTE The business [...]
City Moves for 14 September 2015 | Who’s switching jobs September 13, 2015 IMPAX ASSET MANAGEMENT The specialist investment manager has appointed David Winborne as senior portfolio manager. He was previously a member of the in-house asset management team at Tesco Pension Investment. Winborne has also previously worked at Sarasin & Partners and Insight Investment Management. AVIVA INVESTORS John Osborn has been appointed real estate fund manager at [...]
Houlihan Lokey buys boutique firm McQueen July 22, 2015 BOUTIQUE investment bank Houlihan Lokey has taken over London-based corporate advisory McQueen in a deal giving it a bigger presence in North America and London. The deal, terms of which were not disclosed, will see McQueen’s 45 staff in London, New York, Chicago, Dallas, and San Francisco merge into Houlihan Lokey’s consumer team. McQueen is [...]
Women still left out of top FTSE positions July 12, 2015 Britain's blue chip firms hit their target of 25 per cent female directors this week, but campaigners say more still needs to be done. Research by Sapphire Partners, an executive recruitment agency, revealed that with several recent appointments, including Diane Schueneman at Barclays, Irene Lee and Pauline van der Meer Mohr at HSBC and [...]
London is cheaper to base expat staff than Hong Kong or Geneva June 16, 2015 HSBC bankers and mining expats look away now: London is cheaper to live than Hong Kong, Geneva and the mining capital of Angola, Luanda, according to a new study. London came 12th in the cost of living poll, which assessed the costliest places for multinational organisations to base their expatriate staff – well behind [...]
City Moves for 11 September 2015 | Who’s switching jobs September 10, 2015 British land Alice Keown has been appointed asset manager for food and beverage at the real estate company. She joins from Davis Coffer Lyons’s London estate and development team. Keown has also held roles at World Duty Free and BAA, and she was senior food and beverage account manager at the latter. Deutsche Bank Evans [...]
Best of the Brokers for 1 July 2015 June 30, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com HALFORDS Halfords has issued a note ahead of the retailer’s first quarter update next month, retaining a “buy” recommendation and its target price of 560p. The broker said the first quarter should reassure with sales growth more widespread than just in cycling. TESCO [...]
Race to Dubai 2015 prize money: Turkish Airlines Open begins with £3.9m still up for grabs on European Tour for Rory McIlroy October 28, 2015 The European Tour’s Final Series – the lucrative home stretch in the Race to Dubai – tees off at the Turkish Airlines Open tomorrow with $30.5m (£19.9m) in prize money still up for grabs. Rory McIlroy is currently in pole position to receive the $1.25m (£820,000) Race to Dubai prize money bonus and money list [...]
Markit expands fintech service with acquisition August 25, 2015 Financial data supplier Markit is expanding its reach in the global financial industry, as it announced yesterday it has agreed to purchase foreign exchange trading service DealHub for an undisclosed sum. Markit said the acquisition will allow the group to expand its service, offering a one-stop shop for banks, brokers and asset managers. Jeff Maron, [...]
HSBC share price falls despite revealing lower-than-expected forex provision November 3, 2014 Shares in HSBC Holdings fell this morning after it revealed it has earmarked $378m (£236m) in provisions for the FCA's probe into its involvement in the foreign exchange scandal, lower than the £400m expected. The provision is the smallest sum announced by a bank so far. The group, which this morning posted pre-tax profits [...]