City Moves | Who’s switching Jobs September 4, 2012 DAC Beachcroft Anthony Menzies has been appointed as a partner in the law firm’s London-based global insurance team. He joins from Taylor Wessing, where he was a partner in its insurance and reinsurance group. Menzies is a specialist in marine, energy and engineering law, and has also previously held roles at Clyde & Co and [...]
School leavers scramble for finance roles August 15, 2012 AS students across the country wake up today to collect their A-level results, several City firms have announced initiatives to encourage school leavers into finance and business roles. In an attempt to lure pupils away from the conventional route of a university degree, accountancy firm KPMG said yesterday it has doubled the number of training [...]
After A-level results came out yesterday, is a degree always the best route to success? August 16, 2012 YES Wendy Piatt In tough economic times, a good degree remains a smart investment. Most graduates earn a six-figure premium over those with two A-levels, and Russell Group graduates typically receive a 10 per cent top-up over those from other universities. Our students work with world-class experts, use first-rate facilities, are part of a highly [...]
London’s hotels knocked by a drop in occupancy rates in 2012 August 6, 2012 HOTELS in the capital suffered lower occupancy rates in the first six months of the year, PwC said yesterday, revealing that the sector was suffering even before the so-called ghost town effect attributed to the Olympic Games. PwC’s data showed an occupancy slip of 1.2 per cent in the six months to June, culminating in [...]
City Moves | Who’s switching jobs October 28, 2012 TheCityUK Gerry Grimstone has succeeded Stuart Popham as chairman of the City representative body. He is chairman of Standard Life and a member of Deloitte’s board. Outgoing chairman Popham is vice chairman of Europe, Middle East and Africa (EMEA) banking at Citigroup. State Street William Slattery has been appointed head of the financial services firm’s [...]
City Moves | Who’s switching jobs October 28, 2012 TheCityUK Gerry Grimstone has succeeded Stuart Popham as chairman of the City representative body. He is chairman of Standard Life and a member of Deloitte’s board. Outgoing chairman Popham is vice chairman of Europe, Middle East and Africa (EMEA) banking at Citigroup. State Street William Slattery has been appointed head of the financial services firm’s [...]
Ian Powell set to renew PwC chairmanship January 22, 2012 IAN POWELL is expected to be re-elected unopposed as chairman of PwC for a second term, as no rival candidates have emerged nine days before the deadline for candidacies. “At this stage, it is not expected that a challenger will come forward,” a source close to PwC told City A.M., although any of the Big [...]
Ian Powell set to renew PwC chairmanship January 22, 2012 IAN POWELL is expected to be re-elected unopposed as chairman of PwC for a second term, as no rival candidates have emerged nine days before the deadline for candidacies. “At this stage, it is not expected that a challenger will come forward,” a source close to PwC told City A.M., although any of the Big [...]
PwC: non-core EU asset value is €2.5 trillion February 2, 2012 EUROPEAN banks are still looking to offload some €2.5 trillion in non-core assets, according to research released today by PwC, suggesting that the region will have to suffer through a flood of more deleveraging before it can produce sustained growth again. But PwC also estimates that lenders will try to jettison loans with a face [...]
Record audit fine for PwC January 5, 2012 BIG FOUR auditor PwC was fined a record £1.4m by an industrial tribunal yesterday for failing to scrutinise accounting practices at JP Morgan. PwC’s reports to the Financial Services Authority from 2002 to 2006 did not explain that JP Morgan was keeping clients’ cash with its own, breaching accounting rules. The bank failed to ring-fence [...]