HEARD ON THE SQUARE MILE May 17, 2011 The Financial Traders and Brokers Network is hosting an event with Gregory Zuckerman on 26 May. Zuckerman pens the widely read “Heard on the Street” column for the Wall Street Journal and appears on CNBC twice a week to explain complex trades. He is a two-time winner of the Gerald Loeb Award for coverage of [...]
CITY SALUTES ARMED FORCES AT GUILDHALL February 22, 2012 THE CREAM of London’s business and culinary talent last night came together at Guildhall for the Square Mile Salute fundraiser to support the armed forces. Owen Paterson, secretary of state for Northern Ireland, was guest of honour at the military fundraiser, where 13 of the world’s top chefs – including John Williams of The Ritz [...]
Regulator now costs £580m February 2, 2012 THE CITY regulator has demanded an extra £80m from the firms it supervises in order to cover a 16 per cent rise in costs in the run-up to its abolition. The Financial Services Authority, which admitted several failures in the period leading up to the financial crisis, said it would need £578.4m for 2012-13, up [...]
Return of the Mayfair home March 1, 2012 It would be disingenuous to call Mayfair “up and coming” – after all, its prestige and attractions have drawn the world’s elite for centuries. But change is afoot: no longer just a haven for hedge funds, designer shops and the odd rich Russian resident, Mayfair’s stock of residential property is rocketing as offices are converted [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 14, 2012 FINANCIAL TIMES CAR LOANS SPEED UP AT CLOSE BROTHERS Close Brothers has reported strong growth at its banking arm in the six months to 31 January, but profits were held back by its securities and asset management divisions. Profits at the banking division have grown since the start of the financial crisis, as it expanded [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 19, 2012 FINANCIAL TIMES SKY PULLED NEWS STORY ON F1 SHARES The chief executive of British Sky Broadcasting ordered a news story to be removed from the Sky News website after an executive producer complained that it had upset Formula 1 racing teams. Jeremy Darroch intervened after the article, which described a controversial agreement involving F1 chief [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 19, 2012 FINANCIAL TIMES SKY PULLED NEWS STORY ON F1 SHARES The chief executive of British Sky Broadcasting ordered a news story to be removed from the Sky News website after an executive producer complained that it had upset Formula 1 racing teams. Jeremy Darroch intervened after the article, which described a controversial agreement involving F1 chief [...]
Watches to take to the ocean floor July 19, 2012 Rolex Sea-Dweller Deepsea When it comes to water resistance and endurance, Rolex really has no peers. In 1960 an experimental watch, the Deep Sea Special, was strapped to the outside of the US Navy’s bathyscape Trieste as it descended 10,916m to the bottom of the Mariana Trench, then the deepest known point in the ocean. Filmmaker [...]
Lord Mayor Appeal’s City fanfare November 15, 2011 THE run-up to the Square Mile Salute dinner, an annual banquet that raises funds for wounded soldiers and their families, got off to a fine start this weekend with the Lord Mayor’s Parade through the City. Floats and parades through the Square Mile starring a range of causes and supporters, made for a brilliant spectacle. [...]
THE FIRST CLASS WAY TO MARK THE JUBILEE February 5, 2012 AS USEFUL as a bank holiday might have been today for those of you valiantly battling to make it to work through the snow, we’re all going to have to wait another few months before the Queen’s official Diamond Jubilee festivities afford the City a four-day weekend. But for those wanting to start the celebrations [...]